{"id":16312,"date":"2022-02-18T20:01:53","date_gmt":"2022-02-18T20:01:53","guid":{"rendered":"https:\/\/www.africa-press.net\/malawi\/all-news\/sobo-sells-soft-drink-business"},"modified":"2022-02-18T20:23:00","modified_gmt":"2022-02-18T20:23:00","slug":"sobo-sells-soft-drink-business","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/malawi\/all-news\/sobo-sells-soft-drink-business","title":{"rendered":"SOBO sells soft drink business"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Malawi. <\/strong><\/span>Southern Bottlers (SOBO) Malawi has agreed to sell its soft drinks business to Coca-Cola Beverages Limited (CCBL), a subsidiary of Coca-Cola Beverages Africa (CCBA).<\/p>\n<p>The Castel Group which is the parent of SOBO as announced the sale, saying it is subject to obtaining the necessary regulatory approvals, including approval by the COMESA Competition Commission.<\/p>\n<p>\u201cThe divestment of the soft drinks business is in line with the Board\u2019s strategy to focus on investments in its alcoholic beverages business. This is a great opportunity for the country as the CCBA group has a strong track record on the continent and is committed to sustainable growth where it operates,\u201d the company said in a statement.<\/p>\n<p>Southern Bottlers Malawi Limited produces water and soft drinks for retail and also owns the Coca-Cola franchise in Malawi which enables them to bottle drinks such as Coca-Cola, Fanta and Sprite.<\/p>\n<p>Castel Malawi Limited was formerly known as Carlsberg Malawi which was established in 1955 when the first Coca-Cola products were produced in Malawi under the company name Nyasaland Bottling Company.<\/p>\n<p><strong>For More News And Analysis About <a href=\"https:\/\/www.africa-press.net\/malawi\">Malawi<\/a> Follow <a href=\"https:\/\/www.africa-press.net\/\">Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Malawi. Southern Bottlers (SOBO) Malawi has agreed to sell its soft drinks business to Coca-Cola Beverages Limited (CCBL), a subsidiary of Coca-Cola Beverages Africa (CCBA). The Castel Group which is the parent of SOBO as announced the sale, saying it is subject to obtaining the necessary regulatory approvals, including approval by the COMESA [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":16311,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,8],"tags":[233,371,1218,234,3215],"class_list":["post-16312","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-homepage-english","tag-africa-press","tag-africa-press-malawi","tag-castel-malawi","tag-malawi","tag-southern-bottlers"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>SOBO sells soft drink business - Malawi<\/title>\n<meta name=\"description\" content=\"Southern Bottlers (SOBO) Malawi has agreed to sell its soft drinks business to Coca-Cola Beverages Limited (CCBL), a sub ...\" \/>\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\/malawi\/all-news\/sobo-sells-soft-drink-business\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SOBO sells soft drink business\" \/>\n<meta property=\"og:description\" content=\"Southern Bottlers (SOBO) Malawi has agreed to sell its soft drinks business to Coca-Cola Beverages Limited (CCBL), a sub ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/malawi\/all-news\/sobo-sells-soft-drink-business\" \/>\n<meta property=\"og:site_name\" content=\"Malawi\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2022-02-18T20:01:53+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-02-18T20:23:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/malawi\/sites\/36\/2022\/02\/img-6210000bc9126.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"775\" \/>\n\t<meta property=\"og:image:height\" content=\"432\" \/>\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=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/sobo-sells-soft-drink-business#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/sobo-sells-soft-drink-business\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/malawi\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"SOBO sells soft drink business\",\"datePublished\":\"2022-02-18T20:01:53+00:00\",\"dateModified\":\"2022-02-18T20:23:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/sobo-sells-soft-drink-business\"},\"wordCount\":190,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/sobo-sells-soft-drink-business#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/malawi\/sites\/36\/2022\/02\/img-6210000bc9126.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Malawi\",\"Castel Malawi\",\"Malawi\",\"Southern Bottlers\"],\"articleSection\":[\"all news\",\"economy\",\"homepage-english\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/malawi\/all-news\/sobo-sells-soft-drink-business#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/sobo-sells-soft-drink-business\",\"url\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/sobo-sells-soft-drink-business\",\"name\":\"SOBO sells soft drink business - 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