company news/strategies

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Coca-Cola builds a new plant in India

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.

Coca-Cola sued for misleading public over healthfulness of drinks

The Center for Science in the Public Interest has filed a lawsuit on 4 January in the federal court in California.

Coke moves away from AB InBev with Africa bottling deal

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 to buy AB InBev stake in African subsidiary

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 opens manufacturing plant in New Zealand

In New Zealand, Coca-Cola Amatil has opened a $30 million new state-of-the-art manufacturing plant, the largest in New Zealand, for its non-fizzy drink brands. The Keri Juice plant, located in Auckland, is set to produce 84 products across a number of different brands, nine Coke-owned juices, flavoured waters, cordial and sports drinks including Keri Juice, Powerade, Pump and E2.

Coca-Cola FEMSA Reaches an Agreement to Acquire Vonpar in Brazil

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 investing EUR 26 Mln. in Irish production of freestyle dispenser

Coca-Cola will be investing EUR 26 million in in its Ballina Beverages facility in Ireland in order to produce Coca-Cola Freestyle machines.

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