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
Caffeine-Free Coca-Cola Caffeine-Free Coca-Cola Caffeine-Free Coca-Cola was introduced in 1983 as a caffeine-free variant of Coca-Cola. It was introduced to compete against Pepsi Free, which is now called Caffeine-Free Pepsi. The diet variant, Caffeine-Free Diet Coke, was the first variant of Diet Coke and was introduced in 1984, one year before the regular Coke version. In 2013, Caffeine-Free Coca-Cola Zero was introduced in America. In April 1985, Caffeine-Free Coca-Cola was switched to the ill-fated New Coke formula and did not switch back to the Coca-Cola Classic formula until 1989. The word "Classic" was removed from the label in spring 2011 in the