Coca-Cola Bottling Co Consolidated (CCBCC), an independent Coca-Cola bottler in the United States, has recently agreed to take on more distribution territory.
Since May 2014, CCBCC has taken on territory in 11 states and also purchased manufacturing facilities in Maryland, Ohio and Virginia.
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.
Plants could be closed if proposed charge is implemented
Government aims to reduce sugar consumption, tackle obesity
Coca-Cola Beverages Africa, the bottling joint venture between the U.S. soft-drink maker and brewer SABMiller Plc, may close South African plants and see profit in the country more than halve if the government pushes ahead with a proposed sugar tax.
More than 200 Spanish Coca-Cola employees are celebrating their return to work after they blocked the closure of a factory near Madrid. Legal victories for workers are rare in Spain, where one in five people are out of work.