{"id":63425,"date":"2025-10-25T20:27:40","date_gmt":"2025-10-25T20:27:40","guid":{"rendered":"https:\/\/www.africa-press.net\/lesotho\/all-news\/coca-cola-hbc-acquires-africa-bottling-business"},"modified":"2025-10-25T20:47:16","modified_gmt":"2025-10-25T20:47:16","slug":"coca-cola-hbc-acquires-africa-bottling-business","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/lesotho\/all-news\/coca-cola-hbc-acquires-africa-bottling-business","title":{"rendered":"Coca-Cola HBC Acquires Africa Bottling Business"},"content":{"rendered":"

Africa-Press – Lesotho. <\/strong><\/span>Swiss-based bottler Coca-Cola HBC on Tuesday said it has agreed to buy a 75% stake in its African counterpart for $2.6 billion, creating the world\u2019s second-largest Coca-Cola bottling partner by beverage volume.<\/p>\n

Coca-Cola HBC will acquire U.S.-based Coca-Cola\u2019s roughly 42% stake in Coca-Cola Beverages Africa (CCBA) and the Gutsche Family Investments\u2019 entire stake, valuing the African bottler at $3.4 billion, according to company statements.<\/b><\/p>\n

The transaction puts the renewed group second behind Coca-Cola FEMSA by Coca-Cola bottling volumes and expands Coca-Cola HBC\u2019s footprint in Africa, targeting growing demand in 14 new markets driven by younger consumers.<\/p>\n

Coca-Cola HBC will represent two-thirds of Africa\u2019s total Coca-Cola volume, including drinks such as Fanta, Sprite and Monster, and cover more than 50% of the continent\u2019s population, according to J.P. Morgan.<\/p>\n

\u201cAcquisition is about growth\u201d<\/b><\/p>\n

\u201cCoca-Cola HBC is a strong and valued bottler that will help usher in the next chapter of growth for CCBA,\u201d said Coca-Cola Chief Operating Officer Henrique Braun. The Atlanta, U.S.-based beverage giant owns about 23% of Coca-Cola HBC.<\/p>\n

The deal for control of CCBA, founded in 2014, will be one of the biggest ever in Africa\u2019s consumer goods space, according to Rothschild, the sole adviser to Coca-Cola.<\/p>\n

\u201cThis acquisition is about growth,\u201d Coca-Cola HBC CEO Zoran Bogdanovic said during a media call, highlighting the company\u2019s commitment to Africa.<\/p>\n

Coca-Cola HBC, which is already listed in London and Athens, intends to pursue a secondary listing on the Johannesburg Stock Exchange, and it has an option to buy Coca-Cola\u2019s remaining 25% stake in CCBA within six years.<\/p>\n

Emerging markets lead Coca-Cola HBC\u2019s portfolio <\/b><\/p>\n

Coca-Cola HBC\u2019s emerging markets portfolio, comprising some African, Eastern European and Balkan countries, leads its volumes and sales. However, none represent more than 20% of sales volumes, according to its website.<\/p>\n

The latest deal comes as the group tries to offset cost pressures from concerns surrounding U.S. tariffs that have weighed on consumer sentiment globally.<\/p>\n

The expansion will also help it make up for lost volumes from its 2022 exit from Russia, one of the group\u2019s largest and most profitable markets at the time.<\/p>\n

Separately on Tuesday, Coca-Cola HBC maintained its annual sales outlook despite reporting a smaller-than-expected 5% rise in third-quarter organic revenue. Its London-listed shares fell as much as 4.7%, before paring losses to be down 1.2% by 1105 GMT.<\/p>\n

Goldman Sachs and UBS were advisers to Coca-Cola HBC, while Nomura alone advised GFI.<\/p>\n

CCBA is the eighth largest Coca-Cola authorised bottler in the world by revenue, and the largest on the continent. It accounts for over 40% of all Coca-Cola ready-to-drink beverages sold in Africa by volume. With over 14,000 employees in Africa, CCBA group services more than 800,000 customers with a host of international and local brands. CCBA group operates in 14 countries: South Africa, Kenya, Ethiopia, Uganda, Mozambique, Namibia, Tanzania, Botswana, Zambia, Eswatini, Lesotho, Malawi and the islands of Comoros and Mayotte.<\/p>\n

For More News And Analysis About Lesotho<\/span> Follow Africa-Press<\/span><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Lesotho. Swiss-based bottler Coca-Cola HBC on Tuesday said it has agreed to buy a 75% stake in its African counterpart for $2.6 billion, creating the world\u2019s second-largest Coca-Cola bottling partner by beverage volume. Coca-Cola HBC will acquire U.S.-based Coca-Cola\u2019s roughly 42% stake in Coca-Cola Beverages Africa (CCBA) and the Gutsche Family Investments\u2019 entire […]<\/p>\n","protected":false},"author":84,"featured_media":63424,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[245],"class_list":["post-63425","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-lesotho"],"yoast_head":"\nCoca-Cola HBC Acquires Africa Bottling Business - Lesotho<\/title>\n<meta name=\"description\" content=\"Swiss-based bottler Coca-Cola HBC on Tuesday said it has agreed to buy a 75% stake in its African counterpart for $2.6 b ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/lesotho\/all-news\/coca-cola-hbc-acquires-africa-bottling-business\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Coca-Cola HBC Acquires Africa Bottling Business\" \/>\n<meta property=\"og:description\" content=\"Swiss-based bottler Coca-Cola HBC on Tuesday said it has agreed to buy a 75% stake in its African counterpart for $2.6 b ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/lesotho\/all-news\/coca-cola-hbc-acquires-africa-bottling-business\" \/>\n<meta property=\"og:site_name\" content=\"Lesotho\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2025-10-25T20:27:40+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-10-25T20:47:16+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/lesotho\/sites\/62\/2025\/10\/sm_1761412573.584308.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"864\" \/>\n\t<meta property=\"og:image:height\" content=\"486\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/lesotho\/all-news\/coca-cola-hbc-acquires-africa-bottling-business#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/lesotho\/all-news\/coca-cola-hbc-acquires-africa-bottling-business\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/lesotho\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Coca-Cola HBC Acquires Africa Bottling Business\",\"datePublished\":\"2025-10-25T20:27:40+00:00\",\"dateModified\":\"2025-10-25T20:47:16+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/lesotho\/all-news\/coca-cola-hbc-acquires-africa-bottling-business\"},\"wordCount\":495,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/lesotho\/all-news\/coca-cola-hbc-acquires-africa-bottling-business#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/lesotho\/sites\/62\/2025\/10\/sm_1761412573.584308.jpg\",\"keywords\":[\"Lesotho\"],\"articleSection\":[\"all news\",\"economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/lesotho\/all-news\/coca-cola-hbc-acquires-africa-bottling-business#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/lesotho\/all-news\/coca-cola-hbc-acquires-africa-bottling-business\",\"url\":\"https:\/\/www.africa-press.net\/lesotho\/all-news\/coca-cola-hbc-acquires-africa-bottling-business\",\"name\":\"Coca-Cola HBC Acquires Africa Bottling Business - 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