The Jubilant Bhartia Group, which operates India's largest food services business, will acquire a 40% stake in the country's largest Coca-Cola bottler, in a transaction said to be valued between ₹12,000 crore and ₹12,500 crore. Jubilant Bhartia Group will acquire 40% in Hindustan Coca-Cola Holdings, the parent of HCCB, through Jubilant Beverages Ltd. HCCB operates 13 factories, serving 236 districts …
New Delhi: The Coca-Cola Company made net gains of $293 million from sale of some bottling operations to local players in certain territories in India earlier this year, the world’s largest beverage maker said on Tuesday. In January and February this year, the company’s bottling arm Hindustan Coca-Cola Beverages Pvt. “During the three months ended March 29, 2024, the company …
Hindustan Coca-Cola Beverages Pvt. Ltd, a subsidiary of The Coca-Cola Company, on Friday announced the transfer of bottling operations in three territories in north India as the beverage maker moves to streamline supply chains in the region. “This business transfer marks a significant decision for Hindustan Coca-Cola Beverages,” said Juan Pablo Rodriguez, CEO, HCCB India. The announcement follows HCCB’s 2019 …
