South Africa: Coca-Cola Beverages Africa invests in Malawi
Coca-Cola Beverages Africa (CCBA), the Coca-Cola bottler, has invested $14.9 million in a new production line in the Malawian capital Lilongwe through its subsidiary Coca-Cola Beverages Malawi Limited (CCBM). This investment has reportedly boosted CCBM’s production capacity, enabling the bottling of Coca-Cola brand beverages and the Sobo brand on a single line. The system produces […]
South Africa: Coca-Cola Beverages Africa strengthens in Kenya
Coca-Cola Beverages Africa (CCBA), the Coca-Cola bottler, has acquired stakes in two Coca-Cola franchise bottlers in Kenya through its wholly-owned subsidiary Coca-Cola Sabco East Africa (CCSEA) for a combined sum of $194 million, according to a report in Food Business Africa. CCSEA has acquired the 53.9% stake in Almasi Beverages and 27.6% stake in Nairobi Bottlers previously owned by public East […]
South Africa: Coca-Cola Beverages Africa takes majority stake in Eswatini Beverages
Coca-Cola Beverages Africa (CCBA), the leading Coca-Cola bottler on the African continent, is taking a 60% stake in Eswatini Beverages, a soft drinks firm based in Eswatini (formerly Swaziland), according to a report in Food Business Africa. The firm will remain 40% owned by a sovereign wealth fund but will reportedly operate as a subsidiary of […]