M&A Deal Summary

Coca-Cola and Coca-Cola FEMSA Acquire Unilever NV - AdeS Soy Beverage Business

On June 1, 2016, Coca-Cola and Coca-Cola FEMSA acquired beverage company Unilever NV - AdeS Soy Beverage Business from Unilever for 575M USD

Acquisition Highlights
  • This is Coca-Cola’s 16th and Coca-Cola FEMSA’s 7th transaction in the Beverages sector.
  • This is Coca-Cola’s 5th and Coca-Cola FEMSA’s 3rd largest (disclosed) transaction.
  • This is Coca-Cola’s 1st and Coca-Cola FEMSA’s 4th transaction in Brazil.

M&A Deal Summary

Date 2016-06-01
Target Unilever NV - AdeS Soy Beverage Business
Sector Beverages
Buyer(s) Coca-Cola
Coca-Cola FEMSA
Sellers(s) Unilever
Deal Type Divestiture
Deal Value 575M USD

Target

Unilever NV - AdeS Soy Beverage Business

Brazil
Unilever NV - AdeS Soy Beverage Business brand currently has a presence in Brazil, Mexico, Argentina, Uruguay, Paraguay, Bolivia, Chile, and Colombia. The AdeS line contains no cholesterol or lactose and is rich in nutrients, the company says. Soy is recognized for its nutritional profile, it is a source of high quality protein, fiber, vitamins and minerals. AdeS can be an alternative to cow’s milk for people with allergies to milk protein or lactose intolerance.

Search 205,905 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 2

Buyer

Coca-Cola

Atlanta, Georgia, United States

Category Company
Founded 1886
Sector Beverages
Employees79,100
Revenue 47.1B USD (2024)
DESCRIPTION
Coca-Cola's corporate headquarters in Atlanta, Georgia.
Coca-Cola's corporate headquarters in Atlanta, Georgia.

Coca-Cola is a global brand and producer of beverages that operates Coca-Cola, Diet Coke, Coca-Cola Light, Coca-Cola Zero, Sprite, Fanta, Minute Maid, Powerade, Aquarius, Dasani, Vitaminwater, Georgia, Simply, Minute Maid Pulpy, Del Valle, Ayataka, Bonaqua/Bonaqa, and Schweppes. Coca-Cola dates back to 1886 and is based in Atlanta, Georgia.


DEAL STATS #
Overall 17 of 19
Sector (Beverages) 16 of 18
Type (Divestiture) 2 of 3
Country (Brazil) 1 of 1
Year (2016) 2 of 2
Size (of disclosed) 5 of 9
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-01-30 Chi Limited

Lagos, Nigeria

Chi Limited is one of the most admired companies in the domain of Food & Beverages in Nigeria and has market leadership positions in fruit juices, ice tea, value-added dairy products and snacks in Nigeria. Chi operates in these categories with several mega brands including CHIVITA 100%, CHIVITA Active, CHI Exotic, CHI Happy Hour, CHI Ice Tea, Capri-Sonne, Hollandia, Chi Super Bite, Beefie. Chi Limited has successfully built its business through innovative product introductions, a significant product portfolio, robust route to market structure and a state of the art manufacturing facility.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-03-09 Coca-Cola Canada Bottling

Toronto, Ontario, Canada

Coca-Cola Canada Bottling is Coca-Cola’s exclusive franchised bottling and distribution partner across Canada of Coca-Cola products along with other partner brands such as Canada Dry, Monster Energy, and A&W. Coca-Cola Canada Bottling is based in Toronto, Ontario.

Sell -
Buyer

Coca-Cola FEMSA

Mexico City, Mexico

Category Company
Founded 1979
Sector Beverages
Employees109,557
Revenue 245.1B MXN (2023)
DESCRIPTION

Coca-Cola FEMSA is a franchise bottler of Coca-Cola trademark beverages in the world, delivering more than 4 billion unit cases a year. Coca-Cola FEMSA was incorporated in 1979 and is based in Mexico City, Mexico.


DEAL STATS #
Overall 9 of 11
Sector (Beverages) 7 of 9
Type (Divestiture) 4 of 4
Country (Brazil) 4 of 5
Year (2016) 1 of 2
Size (of disclosed) 3 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-10-29 Spaipa S.A. Industria Brasileira de Bebidas

Curitiba, Brazil

Spaipa S.A. Industria Brasileira de Bebidas engages in production, marketing, and distribution services for beverages and mineral water in Paraná and São Paulo, Brazil.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-09-23 Vonpar S.A.

Porto Alegre, Brazil

Vonpar S.A. is one of the largest privately owned bottlers in the Brazilian Coco- Cola system. Company engages in the bottling and distribution of soft drinks, non-alcoholic and non-carbonated beverages, juice, mineral water, tea, and energy and isotonic drinks and distribution of beers.

Buy R$3.6B

Seller(S) 1

SELLER

Unilever

London, United Kingdom

Category Company
Founded 1894
Sector Consumer Products
Employees148,949
Revenue 50.7B EUR (2020)
DESCRIPTION

Unilever is a multinational consumer goods company. Its products include food, beverages, cleaning goods and personal care products. Unilever was founded in 1894 and is based in London, United Kingdom.


DEAL STATS #
Overall 20 of 23
Sector (Beverages) 1 of 2
Type (Divestiture) 20 of 23
Country (Brazil) 2 of 2
Year (2016) 1 of 1
Size (of disclosed) 8 of 13
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-10-01 GROM

Turi, Italy

GROM is a producer of premium gelato.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-07-20 Dollar Shave Club

Venice, California, United States

Dollar Shave Club, Inc. is a male grooming business focused on offering shaving products via subscription. The Company was formed in 2012 and is based in Venice, California.

Buy $1.0B