Coca-Cola Acquires Topo Chico — The Bubbly, Mexican Mineral Water Texans Love | KERA News

Coca-Cola Acquires Topo Chico — The Bubbly, Mexican Mineral Water Texans Love

Oct 3, 2017

Five stories that have North Texas talking: Coca-Cola taps into sparkling water craze with Topo Chico; the Las Vegas shooter spent time in Mesquite; it’s local music month in D-FW; and more.

Coca-Cola has bought the brand rights to Topo Chico, the popular Mexican mineral water that Texans find in grocery stores, coffee shops and bars, for $220 million.

The deal was made through Coke’s Venturing & Emerging Brands unit. The addition of Topo Chico complements other Coke products like Dasani and Glacéau Smartwater and will help Coke compete in the growing premium sparkling water market, FoodBev Media reports.

The two beverage companies have a history, too: The first bottle of Coca-Cola in Mexico was bottled at a Topo Chico facility in the 1920s.

The acquisition will bring Topo Chico to more people across the United States. Texas currently accounts for about 70 percent of the brand’s American sales, according to FoodBev Media. 

Topo Chico will continue to be imported from the same natural source in Cerro del Topo Chico in northern Mexico where it has been bottled since 1895. [FoodBev Media]

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