Coca-Cola HBC, the illustrious Switzerland-based bottling titan celebrated for its expansive and diverse beverage portfolio, has announced a landmark $2.6 billion agreement to acquire a commanding 75% controlling stake in Coca-Cola Beverages Africa (CCBA). This visionary acquisition is poised to significantly amplify Coca-Cola HBC’s presence and influence across the vibrant and dynamic African market.

The deal includes Coca-Cola’s current 42% equity in CCBA and integrates substantial holdings from Gutsche Family Investments. This strategic consolidation empowers Coca-Cola HBC with comprehensive operational control over CCBA, the largest Coca-Cola bottler on the African continent. With this pivotal move, Coca-Cola HBC is set to rise to the second-largest Coca-Cola bottler globally by volume, trailing only behind Coca-Cola FEMSA. This enhanced positioning sharpens its competitive edge within the ever-evolving beverage industry landscape.

CCBA boasts an impressive operational footprint across 14 diverse African markets, including key economies such as South Africa, Kenya, Ethiopia, and Nigeria. With over 15 state-of-the-art manufacturing plants and a dedicated workforce of approximately 6,800 employees, CCBA is a cornerstone of Coca-Cola’s market presence throughout the continent. Coca-Cola HBC is confident that this acquisition will not only expand its access to rapidly growing consumer markets but also drive operational efficiencies and growth initiatives specifically tailored to meet local consumers’ unique tastes and demands.

In alignment with its strategic vision, Coca-Cola HBC plans to leverage its expertise in sustainable practices and innovative technologies to modernize CCBA’s operations. This commitment aspires to resonate closely with evolving consumer preferences while adhering to stringent environmental standards, ensuring a sustainable future for the company and the communities it serves.

The completion of this landmark transaction is currently awaiting regulatory approval from the relevant authorities across various jurisdictions and is expected to be finalized in early 2026. Coca-Cola HBC remains steadfast in its commitment to facilitating a seamless transition for CCBA and nurturing growth that echoes its core values of sustainability and community engagement.

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