• ABOUT
    • Gama
    • Our Network
    • Media
  • PRODUCTS & SERVICES
    • Gama Compass
    • Innovation & Insight Reports
    • Gama Field Services
    • Gama Market Entry
  • CATEGORIES
    • Food
    • Alcoholic Drinks
    • Non-Alcoholic Drinks
    • Household Care
    • Health & Beauty
    • Pet Care
    • Tobacco
  • STORE
  • NEWS & INSIGHTS
    • Global News
    • Insights
    • Magazine
  • EVENTS
  • CONTACT
Latest Tweets
  • Loading tweets...

Follow @@GamaConsumer

  • ABOUT
    • Gama
    • Our Network
    • Media
  • PRODUCTS & SERVICES
    • Gama Compass
    • Innovation & Insight Reports
    • Gama Field Services
    • Gama Market Entry
  • CATEGORIES
    • Food
    • Alcoholic Drinks
    • Non-Alcoholic Drinks
    • Household Care
    • Health & Beauty
    • Pet Care
    • Tobacco
  • STORE
  • NEWS & INSIGHTS
    • Global News
    • Insights
    • Magazine
  • EVENTS
  • CONTACT
1 MIN READ

USA: Coca-Cola to acquire SABMiller’s former stake in Coca-Cola Beverages Africa

October 12, 2016
-
Non-Alcoholic Drinks, North America

Coca-Cola, the global soft drinks firm, has announced that it has decided to exercise its right to acquire the stake in Coca-Cola Beverages Africa, Africa’s largest bottling company, formerly held by brewing firm SABMiller.

Coca-Cola said that the decision was made as a result of the acquisition of SABMiller by AB InBev, adding that it planned to implement long-term strategies in the African markets and aimed to do so with other partners interested in these bottling areas.

The soft drinks giant said that in the following months the company planned to negotiate with potential partners with aims to refranchise Coca-Cola Beverages Africa.

In an announcement, the firm is quoted as saying: “While the company respects [AB InBev’s] capabilities, it has a number of existing partners who are highly qualified and interested in these bottling territories”.

Source: Coca-Cola / Wall St Journal

Tags
Coca Cola
← PREVIOUS POST
Germany: Kellogg to shut Bremen plant
NEXT POST →
USA: Amazon to operate bricks and mortar convenience stores – reports

Copyright © 2020. Gama. All rights reserved.      Privacy Policy | Legal Notice

 
USA: Coca-Cola to acquire SABMiller’s former stake in Coca-Cola Beverages Africa - Gama