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Activities of the Company
12 Months Ended
Dec. 31, 2017
Text block1 [abstract]  
Activities of the Company

Note 1. Activities of the Company

Coca-Cola FEMSA, S.A.B. de C.V. (“Coca-Cola FEMSA”) is a Mexican corporation, mainly engaged in acquiring, holding and transferring all types of bonds, shares and marketable securities.

Coca-Cola FEMSA is indirectly owned by Fomento Economico Mexicano, S.A.B. de C.V. (“FEMSA”), which holds 47.2% of its capital stock and 63% of its voting shares and The Coca-Cola Company (“TCCC”), which indirectly owns 27.8% of its capital stock and 37% of its voting shares. The remaining 25% of Coca-Cola FEMSA’s shares trade on the Bolsa Mexicana de Valores, S.A.B. de C.V. (BMV: KOF) and its American Depositary Shares (“ADS”) (equivalent to ten series “L” shares) trade on the New York Stock Exchange, Inc. The address of its registered office and principal place of business is Mario Pani No. 100 Col. Santa Fe Cuajimalpa, Delegacion Cuajimalpa de Morelos, Mexico City, 05348, Mexico.

Coca-Cola FEMSA and its subsidiaries (the “Company”), as an economic unit, are engaged in the production, distribution and marketing of certain Coca-Cola trademark beverages in Mexico, Central America (Guatemala, Nicaragua, Costa Rica and Panama), Colombia, Venezuela, Brazil, Argentina and Philippines.    

As of December 31, 2017 and 2016 the most significant subsidiaries which the Company controls are:

 

Company

   Activity    Country      Ownership
percentage
2017
    Ownership
percentage
2016
 

Propimex, S. de R.L. de C.V.

   Manufacturing and distribution      Mexico        100.00     100.00

Controladora Interamericana de Bebidas, S. de R.L. de C.V.

   Holding      Mexico        100.00     100.00

Spal Industria Brasileira de Bebidas, S.A.

   Manufacturing and distribution      Brazil        96.06     96.06

Distribuidora y Manufacturera del Valle de
México, S. de R.L. de C.V.

   Manufacturing and distribution      Mexico        100.00     100.00

Servicios Refresqueros del Golfo,
S. de R.L. de C.V.

   Manufacturing and distribution      Mexico        100.00     100.00