company news/strategies

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AB InBev completes $3.15bn Coca-Cola Beverages Africa transition

The world’s largest brewer, Anheuser-Busch InBev (AB InBev) on October 5, 2017 announced that it has completed the transition of its 54.5% equity stake in Coca-Cola Beverages Africa (CCBA) for $3.15-billion after customary adjustments.

US: Coca-Cola Bottling Company Acquires Distribution Territories and Manufacturing Facilities

Coca-Cola Bottling Company announced on October 2, 2017 that it entered into and completed transactions with The Coca-Cola Company to exchange distribution territory previously served by the Company in parts of southern Alabama, southwestern Georgia, southeastern Mississippi, northwestern Florida and in and around Somerset, Kentucky and a manufacturing facility in Mobile, Alabama previously owned by the Company for distribution territory previously served by Coca-Cola Refreshments USA(CCR), a wholly-owned subsidiary of The Coca-Cola Company, in parts of Arkansas and two manufacturing facilities previously owned by CCR in Memphis, Tennessee and West Memphis, Arkansas, and to acquire additional distribution territory previously served by CCR in and around Memphis, Tennessee, including in portions of northwestern Mississippi and eastern Arkansas.

Coca-Cola Icecek opens new factory in Turkey

Coca-Cola Icecek (CCI) opens its 10th factory in southern province of Turkey, constituting the last chain of the $1 billion investment plan of the bottler in the last 10 years. CCI came to Isparta with a $110 million investment and will employ 300 people.

Coke Femsa loses key Brazil distribution deal; shares slump

Mexico's Coca-Cola Femsa, the world's largest Coke bottler, said it is poised to lose a key distribution contract in Brazil, sending its shares down 5 percent, even as it reported an 11.5 percent jump in quarterly net profit.

After several weeks of warning strikes German union NGG reaches a successful agreement

The IUF-affiliated German union NGG has been facing extensive restructuring with the closure of many Coca-Cola sites nationwide but even so more drinks are produced each year leading to an increase of productivity by employees of 13.5% from 2015 to 2016.

New Coca-Cola CEO Quincey responds to poor results

James Quincey becomes the new CEO of The Coca-Cola Company on May 1, 2017. In this interview he talks of the sharp sell off of significant chunks of its bottling operations that will drop the company's global direct workforce down to 40,000 or below. See the interview in full by clicking here.

Coca-Cola Amatil to close South Australia bottling plant leading to around 180 job losses

On Wednesday 22 February Coca-Cola Amatil announced the closure of its bottling factory in South Australia with the loss of around 180 jobs.

The closure of the bottling plant located in the inner-city Adelaide suburb of Thebarton is planned to close in 2019.

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