Coca-Cola Company & AB InBev Complete Transition of Majority Ownership in Coca-Cola Beverages Africa
The Coca-Cola Company (KO) is the world’s largest total beverage company, offering over 500 brands to people in more than 200 countries. Of their 21 billion-dollar brands, 19 are available in lower- and no-sugar options to help people everywhere more easily control added sugar. In addition to their namesake Coca-Cola drinks, some of their household names around the world include: AdeS soy-based beverages, Ayataka green tea, Dasani waters, Del Valle juices and nectars, Fanta, Georgia coffee, Gold Peak teas and coffees, Honest Tea, Minute Maid juices, Powerade sports drinks, Simply juices, smartwater, Sprite, vitaminwater, and Zico coconut water. Together with their bottling partners, they employ more than 700,000 people around the world.
The Coca-Cola Company’s has been in the process to refranchise Coca-Cola Beverages Africa (CCBA) to open to South African and international prospective partners who have the necessary skill, capacity and commitment to drive The Coca-Cola Company’s vision for CCBA. Recently, the Coca-Cola Company (KO) and Anheuser-Busch InBev announced that they have completed the transition of AB InBev’s majority interest in CCBA.