ACCESSWIRE
19 Sep 2022, 23:01 GMT+10
MONTERREY, MEXICO / ACCESSWIRE / September 19, 2022 / Arca Continental, S.A.B. de C.V. ('AC'), one of the world's largest Coca-Cola bottlers, announced today that it has reached a new long-term agreement with The Coca-Cola Company with the goal of strengthening the collaboration and strong relationship between both companies.
The new agreement aligns the key economic aspects of the business relationship for the long term, along with favoring joint efforts to continue perfecting service for customers and consumers, promote new avenues of profitable growth, and deploy broader digital initiatives in Latin America.
'This important agreement between our company and The Coca-Cola Company endorses more than 96 years of commitment, trust and teamwork to contribute day by day to generating shared value in each of the communities we serve, while always fostering the all-around development of our associates, as well as permanently seeking to be an agent of positive change for customers, consumers and our environment', stated Jorge H. Santos Reyna, Chairman of the Board of Arca Continental.
In addition, Arturo Gutiérrez, Chief Executive Officer of Arca Continental, highlighted the importance of ensuring full coordination and a clear focus by both companies in order to reach their shared objectives over the long term.
'This new cooperation framework with The Coca-Cola Company provides clear visibility and definition on all important aspects of the relationship for the future of both companies and ensures the long-term alignment of our growth plans and strategies for profitable growth, driving towards the highest total system value while continuously strengthening our respective commercial and operational capabilities', stated Gutiérrez.
The scope of the agreement includes all the markets that AC serves in Mexico, Ecuador, Peru and Argentina, and comprises the following key areas for creating value together:
The new agreement confirms the vision and commitment for leading the beverage industry in Latin America and opens possible opportunities for innovation in commercial aspects, in the portfolio and value chain, to benefit the market and the community.
About Arca Continental
Arca Continental produces, distributes, and markets beverages under The Coca-Cola Company brand, as well as snacks under its own brands in Mexico, Ecuador, and the United States. With an outstanding history spanning more than 96 years, Arca Continental is the second-largest Coca-Cola bottler in Latin America, and one of the largest in the world. Through its Coca-Cola franchise, the company serves more than 125 million people in the Northern and Western regions in Mexico, as well as in Ecuador, Peru, in the Northern region of Argentina, and in the Southwestern United States. Arca Continental is listed on the Mexican Stock Exchange under the ticker 'AC.'
SOURCE: ARCA CONTINENTAL, S.A.B. DE C.V.
Get a daily dose of Raleigh Times news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Raleigh Times.
More InformationSTOCKHOLM, Sweden: Swedish lithium-ion battery producer Northvolt announced this week that it would build a $5.2 billion gigafactory in the ...
SACRAMENTO, California: Fast food workers will now receive $20 per hour in California, after the governor signed a fast food ...
BEIJING, China: In a deal worth US$10 billion at list prices this week, state-owned carrier China Eastern Airlines announced that ...
BEIJING, China: This week, China Evergrande Group said its founder and chairman, Hui Ka Yan, is being investigated over suspected ...
RIVERSIDE COUNTY, California: In his opening statement this week in the first U.S. trial over allegations that a car autopilot ...
SEATTLE, Washington: As part of Washington's efforts to stop Big Tech from monopolizing the most lucrative parts of the internet, ...
TALLAHASSEE, Florida: The Florida Lottery said this week that the second-largest lottery winner in U.S. history has come forward to ...
VICTORIA, Texas: This week, U.S. District Judge Drew Tipton in Victoria, Texas, ruled that President Joe Biden did not have ...
EL PASO, Texas: Over the weekend, Oscar Leeser, Mayor of El Paso, said that the surge in migrants crossing the ...
(Photo credit: Joe Nicholson-USA TODAY Sports) A day after strongly calling out the team's commitment to winning, Seattle Mariners catcher ...
(Photo credit: Rick Osentoski-USA TODAY Sports) The top seven teams in The Associated Press Top 25 remained unchanged from last ...
(Photo credit: Stephen Brashear-USA TODAY Sports) Entering the final day of the regular season, this is what is known: The ...