Topo Chico sells out to Coca-Cola for $220 million

AUSTIN (KXAN) — We get it, Topo Chico is popular. So popular in fact that Coca-Cola bought the company to continue growing its sparkling water portfolio.
The deal was finalized on Monday at a cost of $220 million, according to Fobes. The drink mega-company says the effervescent water won’t change and will continue to be imported from the water source in Cerro del Topo Chico in northern Mexico where it has been bottled since 1895.
The company’s vice president of emerging br