Coca-Cola Co., the world’s largest soft-drink maker, will invest 1.5 billion reais ($861 million) in Brazil this year, O Estado de S. Paulo reported, without providing details.

Coca-Cola’s Brazilian sales rose 20 percent to 12 billion reais in 2007, the best performance in the last three years, Estado said. The newspaper cited Brian Smith, president of the company’s local unit.

The beverage maker has increased its product range to more than 150 from fewer than 50 three years ago, Estado said, citing Marisol Angelini, the unit’s marketing vice-president.