Economy: Arca Continental, Coca-Cola will invest 460 million in 2021 to expand its production
Madrid, 15 (Europe Press)
Arca Continental, one of the main Coca-Cola bottlers in Latin America, announced Thursday an 11,000 million Mexican peso (460 million euros) investment plan for this year that will enhance and innovate its production, distribution and implementation capabilities. As stated in a statement.
The company also backed down that this investment will boost digitization and sustainability projects in Mexico, the United States, Ecuador, Peru and Argentina. Likewise, approximately 42% of the total will be earmarked for initiatives aimed at strengthening its operations in Mexico.
During 2020, Arca Continental recorded a turnover of 169.314 million pesos (about 7100 million euros), 4% more than the previous year, and total operating output (Ebitda) 32147 million pesos (1350 million euros), an increase of 5.7%.
The company has highlighted some of its management factors in the past year, such as the conclusion of the $ 90 million (€ 75 million) synergy plan that began in the United States four years ago, through which the company invested in a new beverage factory. A store in Houston began operating last year, among other operations.
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