Monday, 2 March 2009

Authorities approve sale of Brisa brand in Colombia

The competition authority in Colombia has authorised Coca-Cola FEMSA and The Coca-Cola Company to acquire the Brisa bottled water business from Bavaria, a subsidiary of SABMiller. The price agreed for this brand, together with its associated business, is US$92m.

Agua Brisa's still, sparkling and flavoured waters are produced in 13 plants across Colombia, being sold in more than 230,000 outlets throughout the country. Brisa's operations in Panama are not included in this transaction.

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