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
Coca-Cola Life and increase of Coca-Cola Zero Sugar sales, Coca-Cola Life was discontinued in the UK in June 2017. Coca-Cola Life is currently sold in: Coca-Cola Life was introduced into Australia in March 2015. In early 2017, the brand was dropped due to poor sales and replaced with 'Coca-Cola with Stevia', which contains less sugar than Coca-Cola Life. The roll-out of Coca-Cola Life in Canada began in the fall of 2016, with the product being sold at a number of locations including Walmart, Shoppers Drug Mart and London Drugs. In Canada the product is available in 355mL cans, 222mL mini cans and