New today: The Coca-Cola Company and Gutsche Family Investments have reached an agreement to sell a 75% controlling interest in Coca-Cola Beverages Africa to Coca-Cola HBC. CCBA is the largest Coca-Cola bottler in Africa, and Coca-Cola HBC is one of the largest bottlers in the world. The transaction supports Coca-Cola’s ongoing refranchising of company owned bottling operations and positions CCBA for its next chapter of growth with a strong, experienced partner in Coca-Cola HBC. For full details, please read our press release here: cokeurl.com/336efc
PRITAM SINGH
1mo
Great👍
Great News! Thank you Zoran!
Cognitute
1mo
A strategic consolidation move. Aligning regional bottlers under seasoned operators strengthens control, efficiency, and long-term market agility across Africa.
Congratulations to The Coca-Cola Company and Gutsche Family Investments on this significant agreement regarding CCBA! This transaction, supporting Coca-Cola's refranchising strategy, highlights a focus on core strengths and strategic growth in partnership with Coca-Cola HBC. For CCBA's next phase, agility, efficiency, and scale will be key. We at Sigma Consulting Group stand ready to support this transition and future growth by ensuring CCBA has the necessary specialized talent and flexible workforce solutions to optimize operations across Africa. We provide best-in-class staffing and outsourcing services to ensure seamless operational continuity and support strategic initiatives in dynamic environments. #CocaCola #CCBA #Staffing #Outsourcing #BusinessGrowth
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Stuart Kyle
1mo
Just more shuffling of the deck chairs on the Titanic.
Wisdom Peak
1mo
Strategic moves are key to growth.
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⭐️
In short: Coca-Cola sharpens its core, HBC grows its footprint, and Africa becomes a bigger player in the global beverage map.