Swire Pacific, the diversified conglomerate and the parent firm of Coca-Cola Vietnam, has recently become the second company in Hong Kong to undertake asset sales.
Swire Coca-Cola Ltd. announced on January 2 the completion of its acquisition of Coca-Cola Beverages Vietnam Ltd. – the bottling subsidiary in Vietnam.
Swire Coca-Cola Ltd, a wholly-owned subsidiary of Hong Kong-listed Swire Pacific Ltd, on November 25 announced that it had completed the acquisition of The Coca-Cola Co’s bottling business in Cambodia, as part of its ambitions to expand into the Southeast Asian market.