Coca-Cola, the US-based soft drinks giant, has announced that its Coca-Cola system intends to invest $1 billion in South Africa by 2030. The system, comprising regional division Coca-Cola Africa and local bottling partner Coca-Cola Beverages South Africa (CCBSA), will focus the capital on expanding manufacturing and distribution capacity. According to the company, the investment follows a period of significant economic contribution, with the system reportedly adding 51.2 billion ZAR ($2.8 …
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Coca-Cola, the US-based food and beverage giant, has announced plans to invest $650 million in the expansion of its Fairlife production facility in Coopersville (MI). The project involves adding approximately 22,760 sq m of production space and two high-speed production lines to meet “sustained consumer demand” for the brand’s ultra-filtered milk and protein shakes, according to the company. Construction is expected to begin later this year, with commercial production on the …
Coca-Cola Brasil, the Brazilian subsidiary of the global beverage giant, has announced an investment plan totaling R$ 30 billion ($5.8 billion) in the country by 2030. This new capital injection represents a significant increase over the R$11 billion ($2.1 billion) the firm committed to the Brazilian market for the 2024-2025 period. According to the company, the funds will be used to expand its industrial footprint, including the construction of new …
Coca-Cola, the US-based multinational beverage giant, has entered into a strategic partnership with family-owned spirits company Sazerac to drive growth in the rapidly expanding alcoholic ready-to-drink (RTD) segment. Under the agreement, Red Tree Beverages (the company’s subsidiary for alcoholic ventures) is transitioning the production and distribution of several key brands to Sazerac. The portfolio includes the existing Fresca Mixed and Minute Maid Spiked lines, which were previously managed in collaboration …
Coca-Cola, the US-based beverage giant, has announced plans to discontinue its Minute Maid frozen juice concentrate range in the USA and Canada. The move, which marks the end of an 80-year product line, will see the company exit the frozen can category entirely by the first quarter of 2026. According to a spokesperson for the company, the decision was made in response to shifting consumer preferences as demand for frozen …
Coca-Cola and Gutsche Family Investments (GFI) have announced the sale of a 75% controlling stake in Coca-Cola Beverages Africa (CCBA) to Swiss bottler Coca-Cola HBC for $2.6 billion. CCBA is the largest Coca-Cola bottler in Africa, operating in 14 countries and handling 40% of Coca-Cola’s product volume on the continent. Commenting on the move, Coca-Cola executive vice president and chief operating officer Henrique Braun said: “Coca-Cola HBC has demonstrated a strong …
The Coca-Cola Company, the multinational drinks company, has announced that it has entered into an agreement to sell Chi, a leading food and beverage player in Nigeria, to UAC of Nigeria. Founded in 1980, Chi offers a portfolio that includes dairy products, fruit juices, nectars, still drinks and snacks. Hollandia is Nigeria’s market leader in evaporated milk and drinking yoghurt, while Chivita leads in fruit juices. The Coca-Cola Company took …
Kandhari Global Beverages has received approval from the Competition Commission of India (CCI) to acquire a Coca-Cola bottling facility in northern Gujarat for 2,000 crore INR ($240 million). According to reports, the transaction supports Coca-Cola’s long-term goal of minimising its direct bottling footprint by placing regulatory compliance in the hands of Indian businesses and bottling partners. Kandhari Global Beverages is described as an authorised bottler of Coca-Cola and Schweppes Holdings, …
Coca-Cola, the soft drinks multinational, is making its first foray into prebiotic sodas with the launch of Simply Pop, a new brand line made with 6g of prebiotic fibre for gut health, as well as vitamin C and zinc for immune function. Claimed to contain 25-30% fruit juice from concentrate and to be free from added sugar, Simply Pop prebiotic soda will be sold in 12oz cans in the varieties Strawberry, Pineapple …
Coca-Cola, the soft drinks multinational, has announced it has entered into an agreement to acquire Billson’s, an Australia-based brand of flavoured alcohol beverages (FABs). The Billson’s product range includes “local market leaders” Vodka with Tangle, Vodka with Grape Burst and Vodka with Portello, the company said in a statement. “We are excited to add Billson’s to our portfolio of Australian brands,” commented Matthias Blume, Coca‑Cola vice president of ,arketing, ASEAN and South …
Coca-Cola, in cooperation with its Nigeria bottling partners, has announced an investment of $1 billion to expand its investments in the country over the next five years. Coca‑Cola said it intended to double its investment rate to support various areas of the value chain, including suppliers, distributors, retailers and recyclers. The new money comes on top of $1.5 billion Coca‑Cola Hellenic Bottling Company (Coca-Cola HBC), known locally as Nigerian Bottling …
US soft drinks multinational Coca-Cola has announced that the company is teaming up with Mondelez to launch a limited-edition drink and biscuit in partnership with the Oreo brand. In a press release, Coca-Cola said the new Coca-Cola Oreo Zero Sugar and Oreo Coca-Cola sandwich biscuits feature the brands’ signature flavours and are presented in a “sleek, black-and-white packaging design that remains true to the two brands’ iconic personalities”. The new …
Hindustan Coca-Cola Beverages (HCCB), Coca-Cola’s Indian subsidiary, has announced plans to invest 350 crore INR ($42.52 million) to set up two manufacturing lines at its plant in Rajgarh, in India’s Maharashtra state. In a statement, HCCB reportedly revealed the new lines will produce low-cost small sparkling packs (ASSPs) and juice cartons. Commenting on the move, HCCB chief public affairs, communications and sustainability officer Himanshu Priyadarshi said: “This investment is a …
US non-alcoholic drinks giant Coca-Cola has announced plans to invest R$4 billion ($809 million) to strengthen its operations in Brazil in 2024. According to sources, the investment will be used to modernise and expand the company’s manufacturing structure and logistics network, in addition to deepening its relationship with small and medium-sized retailers through an enhanced sales structure. The investment will be spread throughout the entire Coca-Cola System of bottlers and …
Beverage giant Coca-Cola has announced the launch of Spiced, a new flavour variety for the company’s cola lineup in the USA and Canada. Said to be the first new permanent flavour addition to the Coca-Cola range in a number of years, Spiced is described as blending the classic Coca-Cola flavour with notes of spice and raspberry and will roll out in both sugar-sweetened and sugar-free versions. In doing so it …
Hindustan Coca-Cola Beverages (HCCB), the Indian Coca-Cola subsidiary, has announced an investment of 3,000 crore INR ($368 million) to set up a new plant in Rajkot, in India’s Gujarat state, to manufacture juice and aerated beverages. “The investment is expected to create a considerable industrial footprint, fostering substantial economic and social growth in the region”, HCCB said in a statement. “The Government of Gujarat, in turn, has assured comprehensive support …
Hindustan Coca-Cola Beverages (HCCB), the Indian Coca-Cola subsidiary, has announced plans to invest 1,387 crore INR ($166 million) to set up a new bottling plant in Ratnagiri, in India’s Maharashtra state, according to a report in the Economic Times. The facility will reportedly be spread across an 88-acre site in the Lote Parshuram Industrial area and draw water for its operations from the Vashishthi river. The plant is set to create 350 …
Multinational beverage firm Coca-Cola has announced plans to build a new facility in upstate New York to produce Fairlife branded products. In a statement, the company said the decision to build the facility was part of its plans to expand in the Northeast market and represents an investment of $650 million in the region. Located in Webster, the plant is expected to source milk from co-operatives to produce Fairlife’s dairy …
Soft drinks giant Coca-Cola is partnering with Japanese beverage firm Kirin to develop functional drinks, according to a Nikkei Asia report. The companies are said to be collaborating to create drinks that contain lactococcus lactis strain plasma (LC-Plasma), a postbiotic ingredient developed by Kirin Holdings that is claimed to boost immunity in healthy people. The collaboration will reportedly help Coca-Cola to bolster its position in the growing health drinks segment, …
Soft drinks giant Coca-Cola has announced the launch of Coca-Cola Zero Sugar Bite, the second drink from Coca-Cola Creations and the first Coca-Cola flavour born in the metaverse, released to physical retail afterwards. According to sources, the limited-edition drink will be introduced digitally on an island created in Fortnight Creative and it will be sold in twin packs – one can drink and the other can for collection purposes. Oana …
Coca-Cola, the soft drinks multinational, has announced plans to shut down operations in facilities located in American Canyon (CA) and Northampton (MA), according to a FoodDive report. The operation will reportedly affect around 500 staff and is set to be achieved in 2023. The decision is said to follow a restructure which has seen Coca-Cola stop the production of a number of its brands since 2020. A Coca-Cola spokesperson said …
American multinational beverage Coca-Cola company has revealed intentions to acquire a controlling stake in Bodyarmor, a functional drinks business. Bodyarmor’s portfolio includes a range of enhanced water drinks, sports drinks made with coconut water, and lower-calorie. According to sources, a Coca-Cola spokesperson said: “We can confirm that The Coca-Cola Company has filed a pre-acquisition notification with the Federal Trade Commission relating to its intent to acquire a controlling interest in …
Global soft drinks giant Coca-Cola and its bottling partners have announced plans to invest $75.3 million on new production lines and a factory in China, according to a FoodBev report. Swire Coca-Cola China, one of Coca-Cola’s bottling partners, is said to be investing $36.2 million in six new production lines, creating an estimated output of $246 million worth of soft drinks per year, while COFCO Coca-Cola Beverages, another bottling partner, …
Coca-Cola, the global soft drinks giant, has announced plans to invest up to €1 billion ($1.1 billion) in France over the next five years in support of “sustainable development” and a broadening of its product portfolio. The firm said that, together with Coca-Cola European Partners (CCEP), its primary French bottling partner, it planned to make a significant investment into innovation and the introduction of new products, as well as the expansion …
Coca-Cola, the soft drinks giant, has announced it has taken full control of the Fairlife dairy brand after agreeing a deal for the remaining 57.5% stake in the business from its joint venture partner Select Milk Producers. Fairlife came to prominence in 2014, when Coca-Cola announced it was entering the dairy sector with a new premium brand of ultra-filtered milk. Outlining the rationale for the move, Coca-Cola claimed that value-added dairy products had been growing …
Coca-Cola, the US-based soft drinks giant, is planning to expand its presence in sub-Saharan Africa with a five-year, $300 million investment in Ethopia, according to a report in Food Business Africa. The additional investment forms part of an existing project through which the company will establish a new $70 million plant in Sebeta for the manufacture of soft drinks. Coca-Cola’s fourth and largest plant in Ethiopia, it will have a manufacturing …
Coca-Cola, the global soft drinks giant, has announced it is launching a new lineup of RTD coffee under the Costa brand for consumers in the UK. “The ready-to-drink offering contains a double shot of Costa Coffee’s smooth and delicious Mocha-Italia signature blend, to deliver the same Costa Coffee experience which consumers know and love”, the company said in a statement. The launch of the drink, which is described as being …
Coca-Cola, the soft drinks giant, is launching Coca-Cola Energy, a new energy drink brand for the European market. Featuring “a great Coca-Cola taste and feeling that people already know and love”, the new drink is said to be taurine-free and to feature caffeine from naturally-derived sources, guarana extracts, and B vitamins. Coca-Cola Energy is being launched in Spain, Hungary and the UK before being rolled out in additional countries across …
The Canadian arm of drinks giant Coca-Cola has announced it is spending around C$20 million ($15 million) to upgrade its production lines at a plant in Brampton, Ontario to manufacture a new 250ml “mini bottle” for its Coca-Cola, Coca-Cola Zero, Diet Coke and Sprite brands. In a statement, the firm said the bottle was the first of its kind in North America and featured a special coating to increase shelf …
Coca-Cola has announced it has taken full ownership of Chi, described as Africa’s leading producer of juice and value-added dairy drinks. The soft drinks giant had previously taken a 40% stake in the Nigerian firm, with provision to increase equity investment to 100% within three years. The deal “further signals Coca-Cola’s optimism about Africa’s consumer opportunity and a commitment to its long-term investment and growth plan on the continent”, Coca-Cola said in a statement. …
Coca-Cola has announed the launch of tea capsules under its Leao and Matte Leao brands for the Brazilian market. The new tea capsules are said to be compatible with Nespresso coffee makers and are available in three versions: Matte Leao Original and the “premium” line Leao Senses, which comes in the flavours Blackberry, Blueberry & Vanilla and Passionfruit, Orange & Ginger. According to Coca-Cola, the clear capsules have an internal …
Soft drinks giant Coca-Cola has announced an investment of €27.9 million ($31.6 million) in its production facility in Ghent, Belgium to install a canned drinks line. The new can line will be added to the current production lines at the facility, which comprises one glass packaging line and two juice lines. Commenting on the investment, Bernard Santens, production director at Coca-Cola European Partners said: “The new can line will run …
Soft drinks powerhouse Coca-Cola has announced it has entered into a definitive agreement to acquire a minority stake in functional drinks business Bodyarmor for an undisclosed sum. The firm said that the deal was “uniquely structured to create value for both companies” and would allow it to increase its holding in the future, including a “path to ownership under defined terms”. Bodyarmor’s flagship Superdrink is described as “a premium sports drink […] …
Coca-Cola FEMSA, the largest Coca-Cola franchise bottler in the world by sales volume, has announced the acquisition of Montevideo Refrescos (Monresa) from Coca-Cola Co for $250.7 million in an all cash transaction. The deal, which was made on a cash-free and debt-free basis, increases the presence of Coca-Cola FEMSA to 11 countries aroundthe world. With a market of 3.4 million consumers and 26,000 sales points, Montevideo Refrescos is the exclusive …
Soft drinks giant Coca-Cola, together with local partner Swire, has announced the opening of a new production plant in Yunnan province, China. Described as the largest Coca-Cola production plant south of the Yangtze River in China, the new facility is said to have achieved a gold certification of Leadership in Energy and Environmental Design (LEED). “The investment is another example of the Coca-Cola system’s commitment to investing and growing in China”, Coca-Cola said …
Soft drinks firm Coca-Cola Brasil has expanded its portfolio of dairy alternative drinks in Brazil with the launch of new plant-based beverages under the AdeS brand. A year after buying the AdeS business from Unilever, Coca-Cola Brasil said it was launching the new products to cater to consumers looking for alternatives to animal milk that also contained a source of calcium. The new lineup of plant-based milks comprises Almond, Vanilla …
Coca-Cola, the global soft drinks giant, has announced plans to bring its milk brand Fairlife to Canada, including the construction of a production facility in the country. Canada will be the first country outside the US where Fairlife milk will be available. Shane Grant, president of Coca-Cola’s Canadian business unit, said: “We’re thrilled to be adding fairlife Ultrafiltered Milk to Coca-Cola’s growing and diverse portfolio of beverages here in Canada. This …
The Argentinian arm of global soft drinks giant Coca-Cola has announced an investment of $1.2 billion over three years to modernize its production activities in the country. The strategy for 2019-2021 comes on top of a $1 billion investment for 2016-2018 which Coca-Cola said it was “executing as planned”, together with local bottling partners Andina, Arca Continental, FEMSA and Reginald Lee. The planned upgrades and capacity increases in Argentina “form part …
Coca-Cola Beverages Africa, Africa’s largest bottling company, has opened a new juice line at its Nairobi facilities in Kenya. The result of an investment of 7 billion KES ($70 million), the new juice line will manufacture a range of products such as fruit juices, sports drinks, dairy fusions, juices with bits and iced tea. Coca-Cola Beverages Africa is the biggest Coca-Cola bottling partner on the African continent. Formed in 2016 …
Coca-Cola European Partners (CCEP), an independent Coca-Cola bottler, has announced plans to invest €120 million ($148 million) in Portugal over the next five years. Announcing the news as part of 40 year commemorations of Coca-Cola’s presence in Portugal, CCEP country manager Rui Serpa said the money would be invested in launching new products “in line with Portuguese consumer trends” such as low-sugar beverages and organic products, as well as the …
Coca Cola, the soft drink multinational, has announced plans to launch a ‘chu-hi’ style alcopop in Japan that will be the company’s first alcoholic drink in its 132 years of history. ‘Chu-hi’ is a canned sparkling flavoured drink that traditionally includes a distilled local beverage called shochu. The drink ranges in alcohol content from 3 to 8% and is described as being particularly popular with female drinkers. Commenting on the …
US soft drinks giant Coca-Cola is seeking to reinvigorate its Diet Coke brand with a new design and four flavoured varieties. “Re-launching with a bold new look [and] a fresh attitude”, Diet Coke will now be sold in a silver-colour 12 fl oz “sleek cans” featuring a vertical stripe of colour through the centre. The four flavours being introduced are Ginger Lime, Twisted Mango, Zesty Blood Orange and Feisty Cherry, …
Soft drinks giant Coca-Cola is launching a new variant of its Maaza mango juice drink which will be sold under the name Maaza Gold, according to a report in the Economic Times. Maaza Gold is described as being a thicker and smoother version of the traditional mango drink, which has been available in India since the 1970s and which was acquired by Coca-Cola in 1993. The firm said the launch …
Coca-Cola, the global soft drinks giant, is tapping into the trend for ‘fizzier’ soft drinks with the launch of a new high-carbonation cola under the Thums Up name in India. Said to be the first extension to the Thums Up brand in 40 years, Thums Up Charged will offer “an intense combination of the strong taste of Thums Up with even more thunder”, a company spokesperson is quoted as saying. Sugar content …
Multinational beverage company Coca-Cola has announced the launch off Schweppes 1783, a line of “premium” mixers claimed to have been developed in partnership with some of the world’s “top mixologists”. According to Coca-Cola, the new range was “inspired by the alchemy of Jacob Schweppe in 1783” and “combines the effervescence and balanced taste of Schweppes with all-natural ingredients – as well as brand new, unique flavours that have been developed …
Multinational beverage company Coca-Cola is looking to tap in to a “growing” juice category in Australia by launching a new brand called Keri Juice Blenders. According to Coca-Cola, the new single-serving juices are targeted at working adults who are focused on their health and wellbeing, and are made with natural and “unique” ingredients. The range comprises two 100% juices (Orange and Cloudy Apple), and three 99.9% juice blends (Carrot Apple …
US soft drinks giant Coca-Cola is set to axe a bottling facility in Weimar, central Germany, with 178 positions under threat, according to a report in the Mitteldeutscher Rundfunk. Coca-Cola cited overcapacity as the reason behind the decision, following a decline in sales of products packaged in reusable PET bottles. The planned closure is set to include administrative as well as production facilities, with functions such as HR, sales, marketing and finance …
Coca-Cola, the global soft drinks firm, has announced the acquisition of the Mexican sparkling mineral water brand Topo Chico. The acquisition has been made via the firm’s Venturing & Emerging Brands (VEB) unit, and will integrate Topo Chico into the portfolio of Cola-Cola brands. Topo Chico has been bottled in Cerro del Topo Chico, Monterrery since 1895 and is sold in Northem Mexico and the USA. Matt Hughes, VP of emerging …
US-based global fast-food chain McDonald’s has signed an agreement with soft drinks giant Coca-Cola to sell ready-to-drink McCafe Frappe beverages in retail stores. According to a Coca-Cola press release, the new coffee drink will be offered in Mocha, Caramel and Vanilla and sold in re-sealable 405ml PET bottles. Flagged as being made with “100% Arabica beans” and as having a “deliciously smooth taste”, the range will hit shelves in 2018. …
Coca-Cola Singapore has announced the opening of a new storage and distribution center in Tuas. Located opposite to an existing Coca Cola plant, the new $57.5 million facility includes an “overhead bridge with a conveyance system to transport products from the manufacturing facility to the storage warehouse and vice versa”, according to information reported on Foodbev. President of Asia Pacific Group of The Coca-Cola Company John Murphy commented: “Asia is …
Coca-Cola has introduced a new guarana flavour of its Fanta soft drink in Brazil. According to Coca-Cola, the new Guarana Fanta is the first to reach the market containing guarana that is 100% certified as being sourced from the Amazon. Flavio Camelier, vice-president of operations at Coca-Cola Brasil, said: “Our goal is to make Fanta a leading brand. After a five-year period focusing on sponsoring the World Cup and the …
Beverage maker Coca-Cola has announced the launch of original Coca-Cola and Coca-Cola Zero in a new bottle that changes colour when the bottle gets cold. The new package is said to feature an indicator ink label that displays the words “ice cold” when chilled, informing consumers the drink is at the right temperature to be served. The feature is said to have been created as the result of a customer survey conducted …
Nestle, the food and drink multinational, and soft drink giants Coca-Cola have agreed to end their Nestea iced tea joint venture after 16 years, with the firms now seeking to follow different strategies in the ready-to-drink tea category. In 2001, Coca-Cola and Nestle joined forces to create Beverage Partners Worldwide, a beverage venture offering Nestea ready-to-drink tea in Canada and Europe. From January 2018, Coca-Cola will keep the license to …
Global beverage giant Coca-Cola has announced that regular Sprite will no longer be available in the Netherlands, and will instead be replaced by calorie and sugar free version Sprite Zero, to be sold under the Sprite name. According to Retail Detail, Coca-Cola said that the Netherlands was chosen for the trial as it is among the more health-conscious countries Richard Schlasberg, country manager at Coca-Cola Netherlands said: “If it is …
Coca-Cola South Pacific, a division of the global soft drinks giant has launched two new Fanta soft drink products called Jelly Fizz and Sour Tingle. According to Inside FMCG, Jelly Fizz is claimed to be a soft drink blended with juicy liquid jelly pieces and is recommended to be shaken 10 times before opening so it releases the jelly. The Sour Tingle variant, meanwhile, is said to be “loaded with extreme sours and tingles”. “What we know …
Hindustan Coca-Cola Beverages (HCCBL), the bottling arm of Cola-Cola in India, has announced an additional investment of 1,000 crore INR ($147 million) to set up two further new, plants according to an article in The Economic Times. The “greenfield” plants will reportedly have lines for soft drinks, juices and bottled water to bottle brands as Coca-Cola, Fanta Thumps Up, Limca, Minute Maid and Maaza. The news follows an announcement just last …
Hindustan Coca-Cola Beverages, Coca-Cola’s Indian bottling arm, has broken ground on a new plant in Hoshangabad, Madhya Pradesh, India, according to a report in the Economic Times. The 110 acre bottling facility will house lines for the firm’s carbonated beverage brand including Coca-Cola, Sprite, Fanta, Thums Up and Limca, the Economic Times article said. As well as soft drinks, the plant will bottle juices and juice-based drinks under the Minute Maid and …
Global beverage giant Coca-Cola has inaugurated a new bottling facility as part of its previously announced $100 million investment in Cambodia from 2015 to 2018. The plant was constructed for Cambodia Beverage Company, the bottling unit of The Coca-Cola Company Bottling Investments Group (BIG). Located in the capital Phnom Penh, the new “state of the art” plant is expected to generate approximately 300 jobs and will begin operating with two …
Soft drink giants Coca-Cola, Ambev and Britvic have all showed preliminary interest in buying stakes in Brazilian juice producer Natural One, according to sources quoted in Reuters. Natural One, founded 10 years ago by Ricardo Ermírio de Moraes, has hired the investment banking unit of ABC Brasil to advise it on the transaction, sources said. In addition to the three FMCG firms, at least three investment companies, one of which …
Coca-Cola South Pacific, the Coca-Cola division responsible for countries such as Japan, South Korea, Australia and New Zealand, has announced the world premier of a limited edition ginger flavour Coca-Cola drink in Australia as it prepares for the summer. Coca-Cola Ginger is described as “giving consumers a refreshing ginger twist on the classic Coke taste” and is said to be aimed at attracting young adults as well as occasional and …
Coca-Cola, the soft drinks giant, has launched a Sparkling version of its Glaceau Smartwater product in the UK. Describing Glaceau Smartwater as Britain’s fastest growing bottled water brand, Coca-Cola said that Glaceau Smartwater Sparkling would have the same clean, crisp taste as the original but with the addition of tiny bubbles to create a lightly carbonated water. Produced from Northumberland spring water and established in the UK for two years, …
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 …
Soft drinks giant Coca-Cola and coffee and doughnut chain Dunkin’ Brands are set to team up to launch a Dunkin’ Donuts branded ready to drink coffee early in 2017, according to articles in Food Business News and the Wall St Journal. Under the terms of the deal, Coca-Cola will manufacture, distribute and sell the product, making use of its US milk production facilities through its Fairlife dairy joint venture, according to …
Two of Japan’s largest Coca-Cola bottling firms have agreed to merge next year to create a company with combined annual sales of $9.95 billion, according to a Nikkei report. Tokyo-based Coca-Cola East Japan and Fukuoka-based Coca-Cola West bottle and distribute the majority of Coca-Cola’s products in Japan. A combined company would have 90% of domestic market share for Coca-Cola products and would aim for greater efficiency and pricing power, Nikkei reports. …
Coca-Cola FEMSA, the biggest Coca-Cola bottler in the world by volume, is set to acquire the Brazilian bottling firm Vonpar, according to an article in Correio do Povo. Under the terms of the deal, Coca-Cola FEMSA will reportedly acquire 100% of the shares in the firm, which is one of the largest private Coca-Cola bottlers in Brazil, through its subsidiary Spal Industria Brasileira de Bebidas. Vonpar is a family business …
Coca-Cola European Partners (CCEP), the division of the US soft drinks giant formed by the merger last year of three leading European bottlers, has announced that it is expanding its footprint with the acquisition of the Icelandic Coca-Cola bottler Vifilfell. Founded in 1942, Vifilfell is a leader in both the sparkling soft drinks and beer categories in Iceland, according to CCEP. The business services over 2,300 outlets domestically with a …
Coca-Cola Brasil, the Brazilian arm of the US-based soft drinks giant, has announced that it is entering the coffee market with the launch of the Cafe Leao brand in August. The coffee is described as being made with 100% Arabica beans, grown, roasted and packed in the country, and was developed with the aim of expanding consumer access to specialty coffees. Packs are labelled with slogans such as “exported from …
The Spanish arm of multinational beverage firm Coca-Cola is embarking on a campaign that will use ‘nicknames’ to add variety to 100,000 cans of Fanta branded soft drinks, according to a report in Marketing News. Broadly comparable to Coca-Cola’s previous ‘Share A Coke’ campaign that saw the regular Coca-Cola logo replaced on packs with a choice of more than 1,000 different first names, the new Fanta initiative will enable consumers …
Soft drinks firm Coca-Cola has announced an investment in aloe vera drinks company Aloe Gloe through its Venturing & Emerging Brands (VEB) unit. Aloe Gloe is a part of LA Libations, an emerging beverage incubator founded by Danny Stepper, Pat Bolden and Dino Sarti who first met while working as merchandisers for Coca-Cola Enterprises. Aloe Gloe produces a range of aloe vera drinks that are promoted as containing 300mg organic aloe vera, …
Soft drinks multinational Coca-Cola has released a limited edition of its can featuring the American flag to commemorate the 75th anniversary of the United Service Organizations (USO), according to reports in Business Insider and CNN. The US-based firm has rolled out the new design in red, blue and white and also featuring the patriotic song lyric “I’m proud to be American”, as part of the ongoing “Share a Coke and Song” …
US soft drinks giant Coca-Cola has reached an agreement with Arca Continental for the Mexican bottler to join its distribution system in the USA. Announcing the move in a statement, the company said it would contribute its Southwest operating unit in order to hold a 20% stake in a new joint venture called AC Beverages, which includes Arca Continental’s existing operations in Mexico, Argentina, Ecuador and Peru. In the United …
World-leading non-alcoholic drinks firm Coca-Cola is exploring a new marketing campaign that will see the firm offer meal and recipe suggestions that can be paired with its soft drinks, according to an article in the Drum. Quoting Coca-Cola Enterprises vice president and general manager Leendert den Hollander, the Drum reports that the company arrived at the idea after discovering that 45% of British consumers searched online for recipe ideas. The …
Soft drinks giant Coca-Cola has announced that it is to relaunch Coca-Cola Zero in the UK as Coca-Cola Zero Sugar as a part of a “strategy to help people reduce their sugar intake”. Announcing the move in a press release, Coca-Cola said that Coca-Cola Zero Sugar would “taste even more like the original Coca-Cola (Coca-Cola Classic), but without sugar” and would be supported by a multi-million pound marketing campaign “designed to get more people …
Coca-Cola South Pacific is set to launch a new strawberry sherbet variety of its Fanta soft drink in a bid to bring more “fun” to the category, according to an article in Food & Beverage Industry News. The new Strawberry Sherbet Fizz flavour, launched in Australia, is promoted as a fruity and refreshing strawberry sherbet soft drink with “extra tingles & bold bubbles” for added “zing”. Fanta brand manager Ramona …
Global drinks giant Coca-Cola has announced plans to close up to seven facilities in Germany, including long-standing plants in Bremen and Oldenburg, according to a report in NWZ Online. Aside from Bremen and Oldenburg, smaller facilities in Mecklenburg-Vorpommern, Sachsen-Anhalt and Baden-Wurttemberg are also reportedly set for closure, leading to a potential loss of more than 500 jobs. The “rationalisation of the production network” comes in response to “changing market conditions”, …
Coca-Cola is contemplating the sale of its bottling operations in India, valued at $1 billion, as it moves to focus on brands, marketing and strategy in line with global policy, according to sources quoted by the Economic Times. “Coca-Cola plans to start talks with large industrial houses for the potential divestment”, an unnamed source is quoted by the newspaper as saying. “The deal could take 12-18 months to close”, the …
Coca-Cola South Pacific has launched Fuze Tea, a new line of ice tea described as an “aspirational iced tea offering” and a “premium product”. The Fuze brand was first launched in the US, where the current lineup now includes ice tea in flavours such as lemon, strawberry and mango orange, as well as a range of juice drinks. In Australia, the range is said to comprise the flavours Wild Raspberry …
Non-alcoholic drinks giant Coca-Cola posted a fall in net operating revenue and gross profit in the 2015 financial year, according to the company’s latest financial statements. While organic revenue grew 4%, full-year net revenue declined 4% to $44.294 billion and gross profit was down 5% to $26.812 billion, the company reported. It noted, however, that global volume had grown 2% for the full year and also reported that it had “gained …
Coca-Cola Femsa has announced plans of shareholder investment of $800 million into the expansion of its operations in the Philippines, according to a report in FoodBev. The company said that it would add two new Tetra Pak and two new PET lines with an initial investment of $170 million in 2016. The move is designed to widen the company’s presence in the ‘on-the-go’ space, alongside the introduction of a new …
Coca-Cola, the multinational soft drinks giant, has announced that it has agreed to acquire an initial minority shareholding in Chi, a company it describes as “Nigeria’s leading value-added dairy, juices and snacks business”. The agreement creates a strategic relationship within Africa’s largest economy that together serve Nigeria’s sparkling soft drinks, juices, value-added dairy and water beverage brands, including include Hollandia and Chivita, Coca Cola added. The deal makes provision for Coca-Cola to increase …
Coca-Cola is entering the dairy sector in Brazil with the acquisition of Verde Campo, a producer of yoghurts, cheese and drinks based in the state of Minas Gerais. According to a report in Veja Abril, Coca Cola will be acquiring Verde Campo through Leao Alimentos, a partner of Coca-Cola and its bottlers in Brazil. Verde Campo is said to have significant operations in Rio De Janeiro, Sao Paulo and Belo …
Coca-Cola is considering strengthening its presence the Indian dairy market with the launch of its US dairy brand Vio in the country. An Indian version of Vio would be adapted for the local market and, unlike the US offering, would be non-carbonated, according to information. In the US, Vio is offered as a skimmed dairy carbonated drink, available in citrus, peach and berry flavor, free of preservatives and fortified with …
Coca-Cola has announced that it is expanding its Share A Feeling marketing campaign – first trialled in Vietnam in July – to Thailand. According to the company, the campaign brings the “online emoticon communication trend to real-life, inviting Thais to Share a Coke, Share a Feeling via a proprietary set of 39 emoticons” that will be printed on bottles and cans of cola. Together with the campaign, the company will offer animated …
Long-standing food and beverage rivals PepsiCo and Coca-Cola are tussling over a stake in yoghurt-maker Chobani, according to a source quoted by Reuters. According to the agency’s source, PepsiCo and Coca-Cola are among the companies in discussion to seal a deal that Chobani hopes could value the company at around $3 billion, the source reports. The Greek style yoghurt maker is exploring the sale of a minority stake, including warrants …
Coca-Cola South Pacific has announced the launch of a new version of its Powerade sports drink in Australia, in move described as the brand’s “biggest reformulation since 2006”. According to Australian Food News, the new formula has been named Powerade ION4, with Coca- Cola saying it contains 5% more electrolytes than the current version. The publication also went on to say that the the launch would be supported with a …
Coca-Cola has become the first company to implement a custom emoji as a form of paid advertising on the social media platform Twitter, according to reports in FoodBev and Adweek. When Twitter users tweet with the hashtag #ShareaCoke, an emoji featuring two glass Coca-Cola bottles ‘clinking’ will reportedly appear in the post. “Coca-Cola is a massive global partner of Twitter and they have been pushing us for some time on …
Coca-Cola has announced plans to invest $4 billion in China over the next three years, according to a report in the Jakarta Post. Together with its bottling partners – COFCO Coca-Cola Beverages, Swire Beverages and Coca-Cola Bottling Investments Group China – Coca Cola will invest in expanding production capacity, distribution networks and facilities, and marketing. After the company reported 6% growth in sales during the second quarter of this year, …
Three European bottlers of Coca Cola have agreed to merge to create Coca Cola European Partners (CCEP), a new entity which will generate over $12 billion per year across 13 European countries. The new bottling company, which will be based in London, combines Coca Cola Iberian Partners (CCIP), Coca Cola Enterprises and Coca Cola Erfischungsgetranke AG, making the world’s largest bottler of Coca Cola products, serving more than 300 million …
Coca-Cola has effected its first cut in production in India in over a decade following a number of months of poor sales, according to reports in Restaurant India and the Business Standard. In the peak summer season of April-June 2015, Coca-Cola reportedly saw a “mid single digit” drop in sales volumes from the previous year. April-June is the peak season for soft drinks industry in India, contributing about 40 percent …
Coca-Cola has announced that it is extending its ‘Share a Coke’ campaign to Pakistan with a new variation on the theme for the Muslim holy month of Ramadan. As with previous ‘Share A Coke’ campaigns, the strategy is aimed at personalizing the Coca-Cola sharing experience by swapping logos on bottles for names of friends or relations. In the case of Pakistan, the ‘Share a Coke’ campaign will see 500ml, 1L …
Coca-Cola Femsa, the world’s largest Coca-Cola bottler, is looking to enter the Brazilian dairy market through inorganic means, according to a report in Supermercado Moderno. The company is reportedly investigating the possibility of acquiring a Brazilian dairy producer, allowing it to replicate investments already made in Mexico and Panama. Speaking at the inauguration of the company’s newest plant in Minas Gerais, the president of Coca-Cola Femsa Brasil, Jose Ramon Martinez, …
Coca-Cola Amatil New Zealand (CCANZ), a producer and marketer of soft drinks, has announced that it is to partner with Auckland Airport on the development of a new facility in New Zealand. Under the terms of the partnership, Auckland Airport will reportedly build a 12,000 square metre warehouse to accommodate CCANZ’s manufacturing operations. Chris Litchfield, Managing Director of CCANZ, said: “Auckland Airport has the ability to deliver a product which …
Coca-Cola Femsa has opened the doors to its latest facility in Brazil, located in Itabirito, in the state of Minas Gerais. The result of an investment of US $258 million, the new plant is reported to have been constructed over an area of approximately 65,000 square metres, on a site of around 300,000 square metres. The factory is described as having an annual production capacity of 2.1 billion litres of …
The Coca-Cola Company has unveiled what it claims is the world’s first PET plastic bottle entirely made from plants during the World Expo in Milan, Italy. The pack is the latest development in Coca-Cola’s PlantBottle series. PlantBottle is currently made from sugarcane and waste from the sugarcane manufacturing process using a patented technology that converts natural sugars found in plants into the ingredients for making PET plastic bottles, according to …
Arca Continental, Coca-Cola’s second largest bottler and the largest in Latin America, has announced an investment for 2015 of Ps. $5.200 million ($341 million), mainly to strengthen market and sale operations in Mexico and also to establish new production facilities in South America. In addition to automating a plant in Mexico, the company plans the construction of new plants for Coca-Cola and Tonicorp in Ecuador and a new bottling plant …
Coca-Cola is to acquire the Chinese red bean and green drinks maker Culiangwang Beverages, according to a report in Reuters. Valued at $400.5 million including debt, the deal will reportedly allow Coca-Cola to expand its presence in the multi grain beverages market. “The proposed acquisition is in line with Coca-Cola China’s strategy to continue providing a diverse range of beverage products to Chinese consumers with plant-based protein drinks representing a …
Coca-Cola is extending its bottled water line in Japan with the launch of a Tomato flavour under the I Lohas brand. According to the company, the natural water contains tomato extract, made with “carefully selected” tomatoes from Kumamoto prefecture. The water has “fruity sweetness and a light aftertaste” for those who do not like tomato juice. It also contains 40mg of sodium per 100ml and is therefore advertised as “suitable …
Coca-Cola has announced that it is investing in two new production lines in Indonesia with the aim of accelerating growth over the next 3-4 years. “We consider Indonesia a dynamic and promising market and one of the growth engines to achieve our long-term vision,” said Muhtar Kent, Chairman and CEO, The Coca-Cola Company. “Our Company’s US $500 million investment reaffirms our belief in Indonesia and will help us capture the …
Gama spoke to David Butler, Vice President, Innovation and Entrepreneurship, Coca-Cola. What are your day-to-day activities as Vice President, Innovation and Entrepreneurship? My current focus is leading our Coca-Cola Founders platform. We’ve designed a repeatable and scalable model for co-creating seed-stage startups with a global network of founders. I spend the majority of my time working directly with our portfolio companies on various aspects of their businesses and with …
Coca-Cola Brazil is to invest R$ 2.7 billion ($0.95 billion) in new production and distribution capacity over the course of 2015, according to a report in Supermercado Moderno. The sum, part of a planned investment of R$ 4.1 billion for the period 2012-2016, will be used to open five new production lines and two distribution centres, according to reports. Compared to the previous year, Coca Cola said the budget for …
Coca Cola’s plans to open a new bottling facility in the Indian province of Karnataka are one step closer to fruition, according to a report in Business Today. Hindustan Coca Cola Beverages , part of the Coca Cola group has confirmed the investment of more than Rs 1,000 crore ($160 million) to construct a new facility in the state’s northern region. The new facility will be developed on a 250 …
In an extension to its recently-launched 250ml format, Coca Cola has unveiled a range of brightly-coloured pack designs for the summer season in Australia. The range, launched with the hashtag #colouryoursummer, is available in a choice of vibrant hues ranging from green and blue to pink, purple and orange. The new packs are the first design change for the Coca Cola brand in Australia since the “Share a Coke” campaign. …
Coca Cola, through its Frescolita brand of cream soda, has expanded its social media presence in Venezuela through the launch of a digital platform related to traditional Venezuelan food. According to Confirmado, the new platform, which is called “El Radar del Sabor” (“The Flavour Radar”) will help users find, recommend, rate and share the best places to eat traditional foods, as well as allowing also them to share recipes and …
The Coca-Cola Company, SABMiller plc and Gutsche Family Investments (GFI, majority shareholders in Coca-Cola Sabco) have closed a deal on a joint bottling venture in South and East Africa. The new bottler, operating under the name of Coca-Cola Beverages Africa, will serve 12 high-growth countries accounting for approximately 40 per cent of all Coca-Cola beverage volumes in Africa, Coca Cola announced.The new company will be the largest Coca Cola bottler …
The Coca Cola Company is planning a move into the dairy market with the launch of a new milk brand called “Fairlife”, according to a report in the Guardian. The new product, which is due to be launched in the US next month, is said to cost twice as much as regular milk and to contain 50% more protein and 30% less sugar. Coca Cola’s global chief customer officer, Sandy …
Coca Cola Israel has launched a campaign for its Diet Coke brand centred on unique computer-generated labels, PSFK reports. The company’s “Stay Extraordinary” campaign, which aims to emphasise the uniqueness of each Diet Coke drinker, has seen the creation of 2 million individual bottle designs through a special computer algorithm. The labels are available for 51oz, 17oz and 12oz packs of Diet Coke and are by backed by additional promotional …
Coca-Cola South Pacific has recently revealed a range of 250ml slim line cans for its Coca-Cola, Coke Zero, Diet Coke, Vanilla Coke, Fanta, Lift and Sprite drinks. Priced at AU$2.00 ($1.87), the cans, which are smaller than the conventional size, are said by Australian Food News to “feature the iconic Coke contour visuals”. Speaking about the range, Antoinette Tyrrell, Marketing Manager Coca-Cola South Pacific, said: “The 250ml pack size provides …
The Coca-Cola Company (Coca-Cola) and Monster Beverage Corporation (Monster) have announced a new definitive agreements for a long-term strategic partnership between the companies. The deal, announced in a statement, is valued at $2.15 billion dollars and will see Coca-Cola acquire a 16.7% stake in Monster. As part of the agreement, Coca-Cola and Monster have agreed to respectively transfer their energy and non-energy businesses to the other. Coca-Cola will transfer ownership …
Coca-Cola, in cooperation with its African bottling partner,s has announced the investment of an additional $5 billion in long-term sustainable development projects by the end of the decade, Bloomberg reports. With this new round of investment, which will reach $ 17 billion in total by 2020, the world’s largest beverage company is said to be aiming to tackle a number of social and environmental problems. The company and its bottling …
Coca-Cola Co. has reported its sales for its fiscal second quarter, revealing results below analyst expectations. The lower than expected numbers were primarily due to poorer performance in its flagship North American market where demand weakened for Diet Coke, according to media reports. Sales volume in North America was flat despite a significant increase in marketing around the World Cup. Carbonates including Coke, Fanta and Sprite saw gains, but executives …
The Coca Cola Company plans to invest $8.2 billion over the next 6 years in Mexico, Food Business News reports. This combined with previous amounts will add up to a total of over $12.4 billion worth of investments during a 10 year period (2010-2020), the company said. The new investment will be allocated to increased infrastructure and production capacity, new jobs, and developing a product range which includes 70 brands …
The US Supreme Court has recently ruled that POM Wonderful LLC may take Coca-Cola to court over claims that the latter’s marketing of Minute Maid pomegranate blueberry juice is misleading to consumers. Food Business News reports that the juice contains 0.3% pomegranate juice and 0.2% blueberry juice while less expensive apple and grape juice combine to make more than 99% of the drink. The report goes on to describe that …
This week, Gama takes a closer look at the debut of Coca-Cola Life, a new lower-sugar version of the soft drink slated for launch in the UK this autumn. Life is Coca-Cola’s first major UK brand launch since Coca-Cola Zero in 2006. Positioned as a “lower calorie” cola with 37% less sugar than regular Coca-Cola, Life is sweetened with a combination of standard sugar and the much in-vogue sweetener stevia. …
According to media reports, Coca-Cola has raised its stake in Keurig Green Mountain Inc. from 10% to 16% to become its largest shareholder, owning more than 26 million shares. The company had bought an initial stake in Keurig Green Mountain of 10% in February. The move is part of efforts by Coca-Cola to focus more on coffee and countertop carbonation. The “purchases demonstrate our continued belief that Keurig Green Mountain …
Coca Cola Company has announced plans to close two of its four juice production sites in Russia due to the shrinking market. The two plants are run by Coca Cola’s Nidan unit, and production will now shift to its Multon juice unit. The process is to be completed before the end of the year, according to spokesman Vladimir Kravtsoy. The plants affected are located in Novosibirsk in Siberia and in …
Coca Cola has announced plans to remove a controversial chemical ingredient from its drinks portfolio following sustained public pressure. Brominated vegetable oil (BVO) has been linked by researchers to health issues including memory loss and skin and nerve problems. The ingredient, which is banned in the EU and Japan but permitted in the US at a maximum concentration of 15 parts per million, is used as a stabilizer in some …
The Coca-Cola Company has announced that it is due to launch a new low calorie frozen carbonated drink, the first frozen product ever offered under the Diet Coke brand. Following the announcement that Coca Cola is to be released in a capsule format, the company has now revealed that the Diet Coke lineup is to be expanded in the USA with the launch of the frozen beverage brand Diet Coke …
Coca Cola Amatil is said to be concerned by weak consumer confidence and spending in the carbonated beverage category after a decline in full-year net profit of more than 80 per cent. According to The Australian, the profit fall is largely due to a writedown on Australian business SPC Ardmona. It was recorded that in the full year to December 31, Coca-Cola’s net profit was $79.9 million, an 82.5 per …
The Coca-Cola Company has teamed up with OPI for a range of nail colours inspired by Coca-Cola products. OPI, the multinational brand owned by Coty Inc, has announced a partnership with The Coca-Cola Company through which a number of well-known Coca Cola brands (including Coca Cola itself as well as Diet Coke, Coke Zero, Cherry Coke, Vanilla Coke, Sprite and Fanta), will be the inspiration for a limited edition of …
American soft drink giant Coca Cola has purchased a 10% stake in US brand Green Mountain Coffee Roasters, which manufactures Keurig single serve coffee machines. The two companies signed an agreement that will see all drinks within the Coca Cola range (including Coca Cola, Diet Coke and Fanta) turned into single-serve pods for use in Green Mountain’s upcoming cold-beverage machine. Expected to be launched in 2015, the device will enable …
Coca Cola has launched a new brand campaign called ‘Reasons to Believe’ to be launched through television advertising and social media channels as well as outdoor and in-store activity. The Reasons to Believe campaign, developed by Ogilvy and Mater, includes a 60-second TV advertisement in which negative imagery is offset with positive scenes, offering up ‘reasons to believe’. The campaign has already been developed for more than 70 countries, adapted …
Management at Coca Cola Iberian Partners has approached unions with a plan to restructure the business, with more than one thousand jobs under threat, Alimarket reports. According to reports, the reorganization of the business, which comes less than a year after it was formed from eight existing bottlers in the Iberian peninsula, will see the creation of a new structure with five major areas of activity in Spain. Functions such …
Coca-Cola has launched a limited edition bottle for its adult-oriented soft drink Appletiser, designed by musician and brand ambassador Eliza Doolittle. The new limited edition design is aimed at driving sales over the festive season, and will be available in a 750ml glass bottle from November. According to Talking Retail, the “stylish makeover” by platinum selling singer & song writer Eliza Doolittle targets a new audience and is aimed at …
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