SE‑Cluster

Search

Search markets, companies, evidence, and pages

TickerAKO-A
SectorBeverages - Non-Alcoholic
Mkt cap$4T
EV / EBITDA9.4×
PostureQuiet Issuer
Composite30/100
LensTarget-side
SE-Cluster Research·Issuer Brief·Q2 2026CIK 925261

Andina Bottling Co Inc

AKO-AQUIET ISSUERQUIET

Andina Bottling Co Inc reads as Quiet Issuer (composite 30/100); pressure / disclosure signals dominate the posture this cycle · primary market Consumer Products.

Lens

Disclosed M&A capital (2023–2025)

N/A

flat

vs N/A in 2020–2022

Disclosed transactions

N/A

flat

0/3 active fiscal years in window

Buyer archetype

Selective Buyer

Acquisition use is visible but targeted.

Composite score

30

/100

Quiet Issuer dominates · Quiet

Financial snapshot
Revenue$3.6B
EBITDA$541M
Enterprise value$4.8T
EV / Revenue1.4×
EV / EBITDA9.4×
P/EN/A
CashN/A
Total debtN/A
as of 2026-05-11
§ I·SE-Cluster Issuer Brief

Behavioral posture, nine reads.

Each index scores the issuer 0–100 against an EDGAR-anchored definition. Scores ≥ threshold elevate the issuer into the index's constituent set; the dominant index drives the masthead label.

Active Acquirer

22/100

Companies actively deploying disclosed capital into M&A

  • $331M disclosed buyer spend

Buyer Cadence

0/100

Buyer-side companies with recent filing activity

Target Probability

18/100

Issuers showing target-side patterns from filings

  • 16 activism filings

Spin/Carve

0/100

Issuers showing spin-off, carve-out, or sum-of-parts posture

  • 16 activism filings

Pressure Watch

8/100

Issuers facing activism, governance, or control pressure

  • 16 activism filings
  • Latest activism 7.3y ago; heavily discounted

Distress Watch

30/100

Issuers showing financial-distress filing patterns

  • Missing recent 10-Q
  • 16 activism filings

Restatement Risk

0/100

Issuers with accounting-integrity flags from filings

  • 2 NT late filings
  • Latest event 12y ago; heavily discounted

Capital Velocity

22/100

Issuers with the highest filing-activity intensity

Quiet Power

0/100

Large issuers with low signal volume and clean disclosure cadence

  • Enterprise value $4.8T
  • 3 active signals
§ II·SE-Cluster Issuer Brief

Capital cadence.

No disclosed M&A capital in the 10-year window.

This issuer has not disclosed material acquisition spend or count in the last ten fiscal years.

§ III·SE-Cluster Issuer Brief

Strategy posture.

The buyer's playbook in terms of strategic archetype: what each disclosed move says about how they're deploying capital.

Archetype mix

  • Horizontal Consolidation
    33%
  • Bolt On
    33%
  • Geographic Expansion
    33%

Strategy keywords

Terms recurring across recent 10-K acquisition disclosures.

  • geographic_expansion
  • horizontal_consolidation
  • bolt_on
§ IV·SE-Cluster Issuer Brief

Filing language.

Direct excerpts from acquisition disclosures and strategy sections: the verbs the buyer chose, in the filings they signed.

The success of our acquisition of Ipiranga will depend in part on our ability to achieve synergies from the streamlining of operations and personnel, increased economies of scale, organic growth and the implementation of best practices

10-KFY2015

On October 1, 2012, we consummated the acquisition of Polar, which significantly enhanced the size and scope of our company.

10-KFY2014

the merger was made in order to reinforce the Company’s leading position among other Coca-Cola bottlers in South America.

10-KFY2015

On October 11, 2013, Andina Brazil consummated its acquisition of Ipiranga in an all-cash transaction.

10-KFY2016

We have and we may continue to acquire bottling operations and other businesses.

10-KFY2016
§ V·SE-Cluster Issuer Brief

Market context.

Where this issuer sits inside its SE-Cluster rollup wedge, with disclosed-spend rank plus trading comparables against the public peer set.

Primary market

Consumer Products

Market spend (2023–2025)
$145.2B
Market spend (2020–2022)
$102.1B
Recent vs prior
+42%
Issuer rank in market
N/A
Share of market capital
0.0%

Valuation positioning

9.4×EV / EBITDA

AKO-A trades at a -2.7-turn discount to the Consumer Products peer median of 12.2×.

EV / Revenue
1.4×
Net debt / EBITDA
N/A
Peer median EV / EBITDA
12.2×

Trading comparables

FMP market data · 2026-05-11

CompanyEV / EBITDAEV / RevNet debt / EBITDARevenueM&A 2023–2025
15.7×2.3×2.0×$164.7B$24.6B
Andina Bottling Co IncAKO-A
9.4×1.4×N/A$3.6BN/A
8.7×1.3×-0.1×$10B$5.5B

Trading multiples from FMP market data; disclosed M&A spend from the SE-Cluster EDGAR 10-K corpus. Peer set = top disclosed buyers in Consumer Products. Bars scaled to the highest EV/EBITDA in the set.

§ VI·SE-Cluster Issuer Brief

Buyer landscape.

Public buyers whose stated archetypes, target categories, and recent cadence align with this issuer as a plausible acquisition target. Scores cross EDGAR signal and disclosure overlap.

Likely buyers

No public buyers surface as a strong target-side fit on current signal.

Likely sellers / divestiture partners

No reciprocal divestiture / strategic-alternatives matches identified.

§ VII·SE-Cluster Issuer Brief

Filing activity & signal stream.

Filing cadence and event-driven signals visible on EDGAR. The signal stream below is curated from restatement / spin-carve / activism categories, providing context for any near-term call.

Filing cadence

  • 10-K (annual)282026-04-01
  • 10-Q (quarterly)0N/A
  • 8-K (event)0N/A
  • Proxy / DEF 14A0N/A
  • Activism (13D / DFAN / PREC)162019-02-05

Signals on file

  • watch

    Late-filing notice

    2014-04-30

    2 NT 10-K/10-Q filings on file.

  • elevated

    Activism on file

    2019-02-05

    16 activist filings on file (13D, DFAN14A, PREC14A series).

  • info

    Signal

    Serial acquisition history

  • info

    Signal

    10-K strategy themes

  • info

    Signal

    Restatement risk

§ VIII·SE-Cluster Issuer Brief

Audited corpus.

No audited record on file for this CIK in the current v6 corpus.

This issuer has not been extracted into the v6 audited acquirer corpus yet. The brief above pulls from ranking-level aggregates and issuer-index signal only.

Andina Bottling Co Inc: Issuer Brief | SE-Cluster