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Home > Company Index > Food, Beverage & Tobacco > Beverages - Bottlers & Wholesale Distribution > Buenos Aires Embotelladora, S.A.

Buenos Aires Embotelladora, S.A.
 PROFILE
Like a bottle rocket, Buenos Aires Embotelladora (BAESA) soared to become PepsiCo's #1 non-US bottler -- and then fizzled due to expansion-related debt. BAESA is now a publicly traded subsidiary of brewer Quilmes International and the #1 Pepsi bottler in South America. The bottler sells and distributes the Pepsi family of soft drinks and GLACIAR bottled water in Argentina and Uruguay, primarily the Buenos Aires area. BAESA sold its units in Brazil, Chile, and Costa Rica to reduce debt. BAESA has the Pepsi franchise until at least 2009. Quilmes owns about 99% of BAESA; the parent bought a 51% stake in BAESA in 1999 after its stock was suspended from the Buenos Aires stock market and delisted from the NYSE.

 FINANCIAL OVERVIEW
Fiscal Year-End: September
1997 Sales (mil.): 655.00
1-Yr. Sales Growth: (3.7)%
Employees: 2,300
Revenue per employee: $284,782.61

 KEY PEOPLE
• Gustavo Caftelli
    CEO
• Miguel Gomez Eiriz
    CFO

 CONTACT INFO
Diogenes Taborda 1533
1437 Buenos Aires, Argentina
Phone: 54-11-4630-0653
Fax: 54-11-4630-0620

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