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Coca-Cola and SABMiller to join forces to create giant Africa bottling firm
2014-11-28 07:37:22| Beverages - Topix.net
JOHANNESBURG The global beverages giant Coca-Cola Company, world's second largest brewing company and one of the largest bottlers of Coca-Cola drinks SABMiller plc and Gutsche Family Investments , the majority shareholders in Coca-Cola Sabco, have reached an agreement to combine the bottling operations of their non-alcoholic ready-to-drink beverages businesses in southern and east Africa to create Coca-Cola Beverages Africa. The new bottler, Coca-Cola Beverages Africa , will serve 12 high-growth countries accounting for approximately 40 percent of all Coca-Cola beverage volumes in Africa , SABMiller said in a statement Thursday.
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Category:Food and Related Products