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Grupo Tampico Merged with Coca Cola FEMSA

Case at a glance

TARGET
Grupo Tampico
TRANSACTION TYPE
Merger
INDUSTRIES
Consumer Products, Food and Beverage
GEOGRAPHY
Tamaulipas, Mexico

SITUATION

Seale & Associates was engaged by the shareholders of Grupo Tampico to analyze strategic alternatives for their Coca-Cola bottling business, taking into account the recent merger of Arca with Grupo Continental, which triggered an acquisition race between Coca-Cola FEMSA and Arca Continental.

OUTCOME

Seale & Associates conducted a disciplined process that resulted in a consensus among Grupo Tampico's shareholders, who chose Coca-Cola FEMSA as the preferred alternative.

As a result, Grupo Tampico's beverage division merged with Coca-Cola FEMSA, and the shareholders of Grupo Tampico received shares of Coca-Cola FEMSA.