Mexico & Colombia: Femsa to export several Mexican beers to Colombia

Mexico’s number two brewer Femsa plans to start exporting a number of its beers this year, Namnews communicated on June, 9.

Felipe Marquez, vice-president of corporate affairs of Coca-Cola Femsa Colombia, said the company will start exporting its brands Sol, Tecate and Carta Blanca to Colombia.

Besides, Mr. Marquez said Femsa plans to invest $119m on its operations in Colombia this year, largely to expand its water and fruit juice business. The company had reportedly invested $50m in the country last year.

"Colombia is a market with an enormous strong growth potential. While Mexicans can drink 550 bottles of liquid per year, Colombians only consume 100 bottles of liquid per year,” he said.

10 June, 2009