...Solid Market Position: Arca Continental, S.A.B. de C.V.'s ratings are supported by its solid position as the world's third-largest bottler of Coca-Cola products, with operations in Mexico, Argentina, Ecuador and Peru. The company's competitive advantages have helped it to maintain a leading market position in the regions in which it operates through its extensive distribution network, diversified portfolio of products, innovation in products and presentations, and heavy investment at the point of sale. Geographic Diversification: Fitch Ratings expects that Arca Continental will expand its geographic footprint to the U.S. after reaching a final agreement with The Coca-Cola Company and Coca-Cola Bottling Company United, Inc. to refranchise the bottling operations of Texas and parts of Oklahoma, New Mexico and Arkansas. In addition, its operations in South America contribute to reduced business risk and cash flow volatility. Around 43% of Arca's total revenues and 35% of EBITDA are generated...
