History

Embotelladora Andina S.A. is one of the largest Coca-Cola bottlers in Latin America. It is mainly dedicated to the production and distribution of Coca-Cola products in Chile, Brazil and Argentina. In Chile, the Company owns the franchise to produce and market Coca-Cola products through Embotelladora Andina; in Brazil through Rio de Janeiro Refrescos; and in Argentina through Embotelladora del Atlántico.

'40
In 1946 Embotelladora Andina S.A. is established with the license to produce and distribute Coca-Cola products in Chile. Transition from the individual bottle towards the 24-bottle case (now known as “unit case” and which continues to be the volume measurement). Coca-Cola distribution coverage is extended from the traditional sales point (mom & pops) to a wide range of channels.
´60
The San Joaquín Plant is inaugurated in Santiago. The Company acquires a 45% ownership interest of Embotelladora Concepción S.A.
'70
In 1974 the Company acquires an additional 45.6% in Embotelladora Concepción S.A. In 1975 the Company acquires a 34.3% ownership interest in Embotelladora Talca S.A. and a 25% ownership interest in Cervecería Austral S.A.I.C. In 1976 Frutos de Almahue Ltda. is acquired, an agroindustrial company dedicated to the processing of fruits and supplier of the pulp needed to produce nectars and fruit juices. The company acquires a 24.4% ownership interest of Financiera Condell S.A. In 1977 the Company increases ownership interest in Cervecería Austral S.A.I.C. to 40%. In 1978 Termas Mineral de Chanqueahue and the brand Agua Mineral Vital are purchased. Cervecera del Pacífico Ltda. is incorporated, in which Embotelladora Andina holds a 50% equity interest. The Company increases to 80.2% its ownership interest in Embotelladora Talca S.A. Journalism Award is established with the spirit to recognize the journalist who stands
out for the ethical and professional quality of the information. In 1979 the Company
increases its ownership interest in Frutos de Almahue Ltda. to 82.3%. Operations begin at the Chanqueahue Vital production facility in Rengo. Operations begin at the production facility of Embotelladora Concepción S.A. in Temuco.
'80
Launch of the PET non-returnable 2 lt. bottle. In 1981 the plastishield format is introduced in Chile, the most modern non-returnable format in the World. Launch of diet soft drinks, TAB and Sprite Light. In 1982 Embotelladora Andina S.A. sells its ownership interest in Embotelladora Talca S.A. and Embotelladora Concepción S.A. to Sociedad de Inversiones Williamson S.A. Transportes Emandisa Ltda. is established for the purpose of delivering third party freight service, where the Company has a 90% ownership interest. In 1983, Embotelladora Andina S.A. and the Chilean agency of The Coca-Cola Export Corporation, create Industrial Sud Andina S.A. (ISASA) each one holding a 49.5% ownership interest. This Company would later be dedicated to producing fruit pulps, Kapo juices, Andina Frut juices and Vital Mineral Water. In 1984 launch of Diet Coca-Cola. The Company sells its ownership interest in Transportes Emandisa Ltda. to Frutos de Almahue Ltda. The recently formed ISASA begins operations. In 1985 Inversiones Freire Ltda. acquires control over Embotelladora Andina S.A. In 1986 sale of the bottling facility in Viña del Mar and ownership interest of Financiera Condell S.A. Switch from wooden to plastic case for the one liter format.
'90
BotellaIn 1991 Envases Multipack S.A. in the packaging business begins operations. In 1992 Vital S.A. is born and dedicated to the business of juices and mineral waters in Chile. Embotelladora
Andina S.A. acquires a minority ownership in INTI S.A.I.C., a Coca-Cola product bottling company in Córdoba, Argentina. In 1994 entrance to the Brazilian market begins with the acquisition of Rio de Janeiro Refrescos Ltda., a bottling company located in the city of Rio de Janeiro, with a bottling facility in Jacarepaguá. 7,076,700 American Depositary Receipts (ADRs ) are placed on the NYSE ,collecting US$127.4 million. In 1995 Envases Central S.A.begins operations. Greater presence in the Argentine market with the acquisition of Embotelladora del Atlántico S.A., controller of the Coca-Cola products bottling facilities for the franchises of Rosario and Mendoza. In 1996, a 49% ownership interest of Vital S.A. is sold to The Coca-Cola Company along with the brands: Kapo, Néctar Andina, Andifrut, Andina and Agua Mineral Vital. The agro-industrial business (ISASA) is sold. Expansion into Argentina continues, acquiring an additional 35.9% ownership interest in Embotelladora del Atlántico S.A. (EDASA), an additional 78.7% in INTI (today merged with EDASA), 100% of Complejo Industrial PET S.A. in Buenos Aires (dedicated to the packaging business), and a 15.2% of Cican S.A., a Coca-Cola product canning facility. The Coca-Cola Company enters into Andina’s ownership with an 11% stake. In 1997 Series A & B shares are created. An additional 5% stake in Embotelladora del Atlántico S.A. is acquired. Issuance of US$350 million in Yankee Bonds in tranches of 10, 30, and 100 years. In 1998, Embotelladora Andina S.A. repurchases the 49% stake that The Coca-Cola Company held in Vital S.A. In 1999 the newly built Montecristo production facility in Córdoba, Argentina is inaugurated.
2000
Acquisition of the Brazilian Coca-Cola bottler for Niteroi, Vitoria and Governador Valadares. In 2001 Joint Venture between Multipack and Crowpla creating the new company Envases CMF S.A. for the packaging business. Embotelladora Andina issues UF 7,000,000 in bonds (7 and 25 years). Tender Offer for the partial repurchase of bonds issued in the US market. In 2002, EDASA concentrates all productive operations, at the Montecristo production facility in Córdoba and shuts down the Mendoza and Rosario plants. In 2003, EDASA takes control over Complejo Industrial PET S.A., and places soft drinks and packaging operations under a single management. Embotelladora Andina S.A. is awarded with the “Carlos Vial Espantoso” award, which distinguishes the most relevant Chilean company in terms of labor relations and with more dedication to human capital. In 2004 franchise swap between Rio de Janeiro Refrescos Ltda., and a subsidiary of The Coca-Cola Company in the State of Minas Gerais for the franchise of Nova Iguaçu located in the
State of Rio de Janeiro. Since all of the franchise territories become contiguous, synergies and greater distribution efficiencies are generated. Series B shares of Embotelladora Andina S.A. become eligible as investment instruments for the Chilean Pension Funds (Series A shares have always been eligible investment instruments). In 2005 Vital S.A. is divided into two companies, creating Vital Aguas S.A. Hence, Vital S.A. exclusively develops the juice and other Non Carbonated beverage business and Vital Aguas S.A., along with the other Coca-Cola bottlers in Chile (Embonor and Polar), develops the Water business. In 2006 Embotelladora Andina S.A. obtains the 2005 National Award for Quality and Competitiveness, distinction given by the Presidency of the Republic. Andina is the first company in the mass consumption sector to obtain this award. In 2007 Embotelladora Andina S.A. inaugurates two major Distribution Centers in Santiago (Maipú and Puente Alto), which will enable a more efficient distribution of our products in our Chilean franchise.
Additionally, The Coca-Cola Company along with the Coca-Cola bottlers in Brazil create a Joint Venture, Mais Indústria de Alimentos S.A., in order to enhance the non-carbonated business for the entire System in that country.