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Coca-Cola divests company-owned bottling operations in three regions in India

Coca-Cola divests company-owned bottling operations in three regions in India
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Coca-Cola announces sell-off of select bottling operations to franchisee bottlers, ET Retail

Coca-Cola announces refranchising of bottling operations in select territories in India to three existing franchise bottlers, Moon Beverages, SLMG Beverages, and Kandhari Global Beverages. Hindustan Coca-Cola Beverages (HCCB), a subsidiary of Coca-Cola, is transferring bottling operations in three territories. The strategic business transfers aim to bring scale and contiguity to the business, accelerate the Coca-Cola system, and allow Coca-Cola to focus on brands and strategy. ....

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