Panamerican Beverage Panamco merged with
Coca-Cola FEMSA effective May 6, 2003.
Prior to the merger, Panamco was 25% owned by
The Coca-Cola Company
The Coca-Cola Company is an American multinational beverage corporation founded in 1892, best known as the producer of Coca-Cola. The Coca-Cola Company also manufactures, sells, and markets other non-alcoholic beverage concentrates and syrup ...
.
Criticism
Panamco has been criticized for its relationship with unions. In Colombia, it has been alleged that the bottling company hired paramilitary mercenaries to assassinate union leaders. These charges have resulted in several court cases and boycott actions against
The Coca-Cola Company
The Coca-Cola Company is an American multinational beverage corporation founded in 1892, best known as the producer of Coca-Cola. The Coca-Cola Company also manufactures, sells, and markets other non-alcoholic beverage concentrates and syrup ...
.
External links
* http://news.bbc.co.uk/1/hi/business/2909141.stm
* https://www.sec.gov/Archives/edgar/data/21344/000104746905005411/a2151637z10-k.htm
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Coca-Cola bottlers
Drink companies of Colombia