Coca-Cola FEMSA a joint venture with The Coca Cola Company in 1991 with FEMSA initially owning 51% of the stock. It started expanding its international operations in 2003 when it acquired Panoramico, another Mexican Coca-Cola bottler with operations in Central America, Colombia, Venezuela, and Brazil. It later acquired additional bottling companies in Brazil (its second largest market) as well as the main Coca-Cola bottler in the Philippines in 2013. The company reported revenues of US$ 9.6 billion for 2015. On Coca-Cola FEMSA's 2011 venture into the coffee vending market: On Coca-Cola FEMSA's approach to human resource management, focusing on their operations in
Fixed price of Coca-Cola from 1886 to 1959 the price of Coca-Cola had been especially sticky, but in the 1940s, inflation in the United States had begun to accelerate, making nickel Coke unsustainable. As early as 1950, "Time" reported Coca-Cola prices went up to six cents. In 1951, Coca-Cola stopped placing "five cents" on new advertising material, and "Forbes Magazine" reported on the "groggy" price of Coca-Cola. After Coca-Cola president Robert Woodruff's plan to mint a 7.5 cent coin failed, "Business Weekly" reported Coke prices as high as 6, 7, and 10 cents, around the country. By 1959, the last of the nickel Cokes had been sold. Fixed