*Mexico’s President
Claudia Sheinbaum has announced that the Coca-Cola Company will invest US$6bn in the country. In a social media post, Sheinbaum said that she had been informed of this planned investment during a meeting at the presidential palace yesterday with
Henrique Braun, the current executive vice president and chief operating officer at the drinks company, who is due to become CEO next month. Sheinbaum’s announcement came on the same day that Brazil’s Vice President
Geraldo Alckmin revealed that Coca-Cola has committed to invest R$30bn (US$5.8bn) in Brazil by 2030. Alckmin was cited by the Brazilian media as saying that the investment will develop new factories and distribution centres in five areas of the country.
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