Swiss-based Coca-Cola HBC AG has agreed to acquire a 75% controlling stake in Coca-Cola Beverages Africa (CCBA) for USD 2.6 billion, creating the world’s second-largest Coca-Cola bottling partner by beverage volume, behind Coca-Cola FEMSA. The deal expands Coca-Cola HBC’s footprint across 14 African markets, targeting the rising demand driven by younger consumers. Strategic Expansion Across … Continue reading Coca-Cola HBC Acquires 75% Stake in Coca-Cola Beverages Africa in $2.6 Billion Deal