Coca-Cola FEMSA, SAB de CV (FEMSA) has announced plans to acquire Vonpar SA through its subsidiary, Spal Industria Brasileira de Bebidas SA (Spal), for R$3.57bn ($1.11bn).

Both FEMSA and Spal produce and distribute Coca-Cola trademark beverages, while Vonpar is a soft drinks and beverages marketer and distributor based in Brazil.

The acquisition will enable the Mexico-based FEMSA to expand its operations in Brazil.

Wholesale alcoholic drinks retailer and distributor, Hawesko Holding AG, has announced its plans to acquire a 66% majority stake in Werke GmbH, an online wine retailer.

Both companies involved in the acquisition are based in Germany.