{"id":23743,"date":"2022-05-28T18:37:14","date_gmt":"2022-05-28T18:37:14","guid":{"rendered":"https:\/\/www.africa-press.net\/malawi\/all-news\/coca-colas-sobo-takeover-to-be-completed-in-june"},"modified":"2022-05-28T19:04:41","modified_gmt":"2022-05-28T19:04:41","slug":"coca-colas-sobo-takeover-to-be-completed-in-june","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/malawi\/all-news\/coca-colas-sobo-takeover-to-be-completed-in-june","title":{"rendered":"Coca-Cola\u2019s Sobo takeover to be completed in June"},"content":{"rendered":"

Africa-Press – Malawi. <\/strong><\/span>Castel Malawi says Coca-Cola Beverages Limited (CCBL), a subsidiary of Coca-Cola Beverages Africa (CCBA), is expected to complete the takeover of Southern Bottlers Limited \u2014 SOBO\u2019s soft drinks business in mid-June this year.<\/p>\n

In a statement today, Castel further said that the Bottler\u2019s Agreement between Coca Cola Company and Castel Group, namely Southern Bottlers, in Malawi will end on 30th June 2022 as in many other African countries such as Cameroun, Ivory coast, Burkina Faso, Senegal, Angola, Gabon. After the end of the partnership, CCBL will take over the production and distribution of the Coca-Cola, Sobo, and Quench brands in Malawi.<\/p>\n

\u201cBoth parties to the transaction are making every effort to ensure a smooth transition that is in the best interest of all employees, stakeholders, commercial partners, and consumers to accelerate ease of investment, creation of employment, innovation for consumers and secure growth and enhancement of the socio \u2013 economic fabric of Malawi,\u201d Castel said.<\/p>\n

The transaction is subject to receipt of regulatory approvals. Southern Bottlers Malawi Limited produces water and soft drinks for retail. The company also owns the Coca-Cola franchise in Malawi which enables it to bottle drinks such as Coca-Cola, Fanta and Sprite.<\/p>\n

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. Castel said in February that the sale of the soft drink business is in line with its strategy to focus on its alcoholic beverages business.<\/p>\n

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

Africa-Press – Malawi. Castel Malawi says Coca-Cola Beverages Limited (CCBL), a subsidiary of Coca-Cola Beverages Africa (CCBA), is expected to complete the takeover of Southern Bottlers Limited \u2014 SOBO\u2019s soft drinks business in mid-June this year. In a statement today, Castel further said that the Bottler\u2019s Agreement between Coca Cola Company and Castel Group, namely […]<\/p>\n","protected":false},"author":84,"featured_media":23742,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,7,8,12],"tags":[233,371,1218,4761,234,4760],"class_list":["post-23743","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-head-lines","category-homepage-english","category-policy","tag-africa-press","tag-africa-press-malawi","tag-castel-malawi","tag-coca-cola","tag-malawi","tag-sobo"],"yoast_head":"\nCoca-Cola\u2019s Sobo takeover to be completed in June - Malawi<\/title>\n<meta name=\"description\" content=\"Castel Malawi says Coca-Cola Beverages Limited (CCBL), a subsidiary of Coca-Cola Beverages Africa (CCBA), is expected to ...\" \/>\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\/coca-colas-sobo-takeover-to-be-completed-in-june\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Coca-Cola\u2019s Sobo takeover to be completed in June\" \/>\n<meta property=\"og:description\" content=\"Castel Malawi says Coca-Cola Beverages Limited (CCBL), a subsidiary of Coca-Cola Beverages Africa (CCBA), is expected to ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/malawi\/all-news\/coca-colas-sobo-takeover-to-be-completed-in-june\" \/>\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=\"2022-05-28T18:37:14+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-05-28T19:04:41+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/malawi\/sites\/36\/2022\/05\/postQueueImg_4-6292722e51d28.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\/coca-colas-sobo-takeover-to-be-completed-in-june#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/coca-colas-sobo-takeover-to-be-completed-in-june\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/malawi\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Coca-Cola\u2019s Sobo takeover to be completed in June\",\"datePublished\":\"2022-05-28T18:37:14+00:00\",\"dateModified\":\"2022-05-28T19:04:41+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/coca-colas-sobo-takeover-to-be-completed-in-june\"},\"wordCount\":270,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/coca-colas-sobo-takeover-to-be-completed-in-june#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/malawi\/sites\/36\/2022\/05\/postQueueImg_4-6292722e51d28.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Malawi\",\"Castel Malawi\",\"Coca-Cola\",\"Malawi\",\"SOBO\"],\"articleSection\":[\"all news\",\"head lines\",\"homepage-english\",\"policy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/malawi\/all-news\/coca-colas-sobo-takeover-to-be-completed-in-june#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/coca-colas-sobo-takeover-to-be-completed-in-june\",\"url\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/coca-colas-sobo-takeover-to-be-completed-in-june\",\"name\":\"Coca-Cola\u2019s Sobo takeover to be completed in June - 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