INVESTING WITH IMPACT AND PURPOSE Our vision and focus on growth, our commitment to stakeholders and our positive impact on the planet and society are what make our dream sustainable.
THE CENTRAL AMERICA BOTTLING
CORPORATION AT A GLANCE
THE CENTRAL AMERICA BOTTLING CORPORATION (“CBC”)
• Leading producer, distributor and seller of beverages in Latin America.
• Diversified beverage portfolio of carbonated soft drinks (“CSDs”), juices and nectars, bottled water, isotonics, energy drinks, tea and beer.
• Anchor bottler for PepsiCo in Central America since 1998, and bottler for PepsiCo since 1942.
• Joint venture with Ambev for both production and distribution in Guatemala. Distribution of ABI’s brands in Puerto Rico.
• Beliv is developing own portfolio of functional and healthier beverages sold in CBC’s territories and exported to other regions with third-party distributors.
Regional FootPrint
- Countries of operations
- Points of sale only
Presence outside Latin America
-
US
-
UK
-
Canada
-
Spain
Presence outside Latin America
-
US
-
UK
-
Canada
-
Spain
FINANCIAL HIGHLIGHTS
(Millions of U.S Dollars)
| 2019 | 2020 | 2021 | Mar 2022 | |
|---|---|---|---|---|
| Volume sales (millions of unit cases) |
507 | 487 | 563 | 141 |
| Net sales | 1,723 | 1,571 | 1,833 | 468 |
| Adj. EBITDA | 234 | 240 | 288 | 37 |
| % Adj. EBITDA margin | 13.6% | 15.3% | 15.7% | 7.8% |
| Total assets | 1,685 | 1,778 | 2,056 | 2,226 |
OPERATIONAL HIGHLIGHTS
+1,260,000 Core points of sale
+1,852 Trucks
+14 Plants
+140 Warehouses and
Distribution Center
+4,500 Sale routes
900mm Annual Production Capacity
+240,000 Coolers
LEADING BEVERAGE COMPANY IN LATIN AMERICA
Multi-channel marketing strategy with a strong focus on maximizing point of sale reach and continued organic growth through innovation.
+1,260,000 Core points of sale
Robust regional distribution platform coupled with leading capabilities and highly efficient processes.
+4,500 Sale routes
+1,852 Trucks
Our growth and value are optimized by being part of the solutions, with the integration of social, environmental and governance dimensions driving our strategy and shared value creation.
Unique presence in all beverage segments, backed by long-standing partnerships with the world's top leaders.
+438 PepsiCo, Ambev and proprietary brand
+3,500 SKUs in key product categories
Superior manufacturing capabilities with continuous improvement through technology and quality controls.
15 Manufacturating plants
81 Bottling lines
of beliv brands
12 Production plants
82.8mm Annual unit cases capacity
Strong employee base and highly experienced management team
+100
combined Years of managment experience
+10000 Employees
9 board members with 3 independent
High corporate governance standards and highly experienced Board of Directors
$1.1 B
SBL Bond with ambitus green commitmeents aligns our finalcial and ESG strategies
Unique presence in all beverage segments, backed by long-standing partnerships with the world's top leaders.
+438 PepsiCo, Ambev and proprietary brand
+3,500 SKUs in key product categories
Multi-channel marketing strategy with a strong focus on maximizing point of sale reach and continued organic growth through innovation.
+1,260,000 Core points of sale
Superior manufacturing capabilities with continuous improvement through technology and quality controls.
15 Manufacturating plants
81 Bottling lines
of beliv brands
12 Production plants
82.8mm Annual unit cases capacity
Robust regional distribution platform coupled with leading capabilities and highly efficient processes.
+4,500 Sale routes
+1,852 Trucks
Strong employee base and highly experienced management team
+100
combined Years of managment experience
+10000 Employees
9 board members with 3 independent
High corporate governance standards and highly experienced Board of Directors
$1.1 B
SBL Bond with ambitus green commitmeents aligns our finalcial and ESG strategies
Our growth and value are optimized by being part of the solutions, with the integration of social, environmental and governance dimensions driving our strategy and shared value creation.
INVESTMENT HIGHLIGHTS
1. Leading Beverage Company in Latin America With a Diverse Brand Portfolio Delivering Resilient Growth Across Categories
2. Long-Standing Strategic Partnerships Supporting Our Diversified Portfolio with Proprietary Brands Fueling Growth Through Product Innovation.
3.Proprietary Brands Fueling Growth Through Product Innovation.
4.Strong Financial Performance with Consistent Margin Expansion from a Diversified and Dollarized Market Portfolio.
5.Sound Balance Sheet Management and a Proven Ability to Optimize Leverage Across all Business Cycles.
6.Highly Experienced Management Team With World-class Governance and a Strong ESG Commitment.
Broad range of widely recognized global brands coupled with strong brand power on proprietary products
71 brands(1)
Unit case sales~ 64% Net Sales
Net sales (before rebates)~ 67% Volume Sales
Selected brands
45 brands(1)
Unit case sales~24% Net Sales
Net sales (before rebates)~28% Volume Sales
Selected brands
22 brands(1)
Unit case sales~ 12% Net Sales
Net sales (before rebates)~ 5 % Volume Sales
Selected brands
31% Dollarized markts.31% in the highly stable Guatemalan Quetzal.
We look forward to hearing from you. [email protected]
We look forward to hearing from you. [email protected]
Highly experienced management team and proven governance standards LEADERSHIP
Board of directors
Carlos Enrique Mata C. Chairman of the board
Juan Pablo Mata CEO Grupo Mariposa
Guillermo GaviriaIndependent Director Former CEO of APEX
Oscar Arroyo ArzuSecretary of the Board Represents GEMCORP
Alvaro Castillo MongeCastillo Family Appointed Board Member Represents GEMCORP
Luis Montoya T.Independent Director President Latin America Beverages PEPSICO
Erick ScheelPepsiCo LatAm Beverage President Represents PepsiCo
Maria Laura ZablacksPepsiCo LatAm Beverages CFO and Finance Vice President Represents PepsiCo
Erik SiersenIndependent Director Former Managing Director at Diageo Mexico/Cuba
4Members appointed by GEMCORP
2Members appointed by PepsiCo
3Independent board members
Selection process led by Heidrick & Struggles
Independent members evaluated annually by CBC’s controlling group (GEMCORP & PepsiCo)
5 Committees
Audit, Strategy and M&A, Talent and Compensation, Risk and Finance and Sustainability
A Better Future At cbc we are committed to transformation in order to be part of the solutions and we do so by integrating environmental, social and governance dimensions into our strategies. We leverage our capabilities, passion, skills and resources to grow and develop initiatives that create shared value.
We join collective actions that aim to improve the world, to generate prosperity and to have a positive impact on people and the planet.
Our employees are considered as partners, who have the opportunity to develop their career paths through meritocracy, always ensuring that they can enjoy a dignified life and multidimensional wellbeing alongside their families, to grow and be leaders in the development of their communities.
Throughout our operations and supply chain, we create the right conditions to promote women’s economic empowerment and respect for Human Rights, through policies and clauses that ensure compliance.
Our consumers can choose from a vast portfolio of food and beverage products that perfectly match their expectations and needs. Hand in hand with technology and innovation, we evolve towards more natural, functional and nutritious proposals, thus promoting more informed decision-making through clear and transparent communication and labelling.
We promote a culture based on ethics and transparency with zero tolerance for corruption through a management system that is part of all our decisions and actions. Likewise, we demand integrity from all our business partners.
We promote the development of the communities and countries in which we operate by providing new jobs, tax contributions and collective actions that always promote and generate a positive environmental and social impact.
We offer our shareholders the best return on their investments by efficiently managing risk and taking advantage of valuable opportunities to create sustainable returns.
We realize the value of our World, and work with a single purpose: to transform its future by unleashing our full potential.
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