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 BlāK replaced sugar with high fructose corn syrup, aspartame, and acesulfame potassium. Consumer Reports taste-testers found the French version to be less sweet and to contain more coffee flavor. The American and Canadian versions had a plastic resealable cap on a glass bottle that resembled the classic Coke bottle, where the French/Czech version was a bottle shape formed in aluminum. In 2010, Coca-Cola FEMSA, the largest Coca-Cola bottler in Latin America, released coffee dispenser machines in Mexico under the brand name BlāK. Coca-Cola BlāK Coca-Cola BlāK was a coffee-flavored soft drink introduced by Coca-Cola in 2006 and discontinued in 2008. The