Hilton Santo Domingo
Arca Continental, a well-known bottler in Mexico and Latin America, will buy 87.4% of Tonicorp, a dairy company in Ecuador. At $5.55 a share, Arca agreed to spend around $400 million for the deal.
Arca's local subsidiary Arca Ecuador will be mainly involved in this deal.
Arca Continental is the second-largest Coca-Cola bottler in Latin America and one of the largest in the world. Within its Coca-Cola franchise territory, the Company serves over 53 million consumers in Northern and Western Mexico, Ecuador and Northern Argentina.
The move to buy stakes in Tonicorp will further help to expand its reach in South America, where it already participates in the beverage business in Ecuador and Argentina, as well as in the snacks business in Ecuador, through its subsidiary Inalecsa.
Plans to purchase a majority stake in Tonicorp were on the anvil since last year.
Following the announcement, Arca's shares shot up 0.81 percent at 75.07 pesos ($5.69) per share in early trading.
Mr. Eusebio Ang Sánchez, Chief Procurement Officer, Arca Continental shares the Bottler's Perspective on 'Strategies for Success in the CSD Industry' at CMT's 3rd SCAPET on 6-8 May 2014 in Santo Domingo.
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Venezuelans got their first ambient yogurt from Empresas Polar, a leading Venezuelan food and beverage manufacturer recently. The manufacturer has tied up with Amcor Rigid Plastics to make the non-refrigerated pourable yogurt, called MiGurt, available to customers not only in cities, but also in far flung area.
The yogurt is packaged in a 750-gram barrier polyethylene terephthalate (PET) bottle with a unique hour-glass design. The PET bottle's advanced barrier technology helps meet aseptic filling requirements (up to 140°F) and provides light-blocking capabilities which not only prevents spoilage and degradation of the yogurt but also keeps its nutritional value intact. All this means an extended shelf life of six months for the yogurt product, which doesn't require refrigeration till the bottle is opened.
Amcor used a unique preform design to achieve optimum material distribution. To customise the PET bottle, Amcor adapted the bottle with special reheat technology. The bottle's design elements give it a smooth interior profile facilitating aseptic sterilisation process.
Thanks to the barrier PET bottles, Empresas Polar can now utilise its extensive nationwide ambient distribution chain and make the ambient yogurt available to consumers even in low-income regions that do not have refrigeration facilities/ distribution channels.
The long shelf life allows low-cost distribution and a highly affordable consumer brand.
Due to the advanced PET bottles, Empresas Polar can now benefit from several logistical advantages such as - inventory control, distribution, and point of sale.
Attend 3rd SCAPET on 07-08 May, 2014 in Santo Domingo for more such interesting PET technology/ market updates from South/Central Americas, Andean & Caribbean region.