Hindustan Coca-Cola Beverages Ltd (HCCBL), the bottling arm of Coca-Cola's Bottling Investment Group (BIG), has announced the start of construction for its 25th plant in the country.
The Center for Science in the Public Interest has filed a lawsuit on 4 January in the federal court in California.
The Coca Cola Company recently agreed a deal to buy Anheuser-Busch InBev's 54.5% majority stake in their African bottling venture for $3.15 billion and hold onto it until it finds a new owner.
Coca-Cola intends to buy the stake global beer giant Anheuser-Busch InBev holds in Coca-Cola Beverages Africa, the two companies announced October 11, 2016. The proposed deal follows AB InBev's mega-takeover of SABMiller to create the world's biggest beer company.
Coca-Cola FEMSA, the largest public bottler of Coca-Cola products in the world by sales volume, announces that its Brazilian subsidiary, Spal Industria Brasileira de Bebidas S.A.(Spal), has reached an agreement with the shareholders of Vonpar to acquire 100% of Vonpar, one of the largest privately owned bottlers in the Brazilian Coca-Cola system, for an aggregate enterprise value of R$3,578 million and an approximate equity value of R$3,508 million (which is subject to confirmation on debt, cash and other customary adjustments between signing and closing). During the last twelve months ended June 30, 2016, Vonpar sold 190 million unit cases of beverages, including 23 million unit cases of beer, generating R$2,026 million in net revenues and an EBITDA of R$335 million.
Coca-Cola will be investing EUR 26 million in in its Ballina Beverages facility in Ireland in order to produce Coca-Cola Freestyle machines.