Coca-Cola is growing in Africa with a major investment sale!

Coca-Cola's Strategic Sales Move

Coca-Cola is making a significant impact in the markets by offering its 42% stake in the important African bottling company Coca-Cola Beverages Africa (CCBA) for sale. This strategic move is seen as an important step to strengthen Coca-Cola's growth goals in Africa.

Financial Impact and New Partnership

According to the announcement, the sale transaction is expected to result in an approximate $1 billion loss in Coca-Cola's financial statements. In this process, Coca-Cola HBC, based in Switzerland, has agreed to purchase 75% of CCBA for $2.6 billion. This acquisition encompasses Coca-Cola’s 42% stake and all of Gutsche Family Investments.

CCBA's Market Value and Global Impact

With this agreement, CCBA's total market value has been determined to be approximately $3.4 billion. According to Reuters sources, Coca-Cola HBC is becoming the world's second-largest Coca-Cola bottler by volume, following Coca-Cola FEMSA. This situation will also strengthen the company's position in the global market.

Future Vision and Africa Strategy

The sale transaction is targeted to be completed by the end of 2026. Coca-Cola HBC plans to conduct a secondary listing on the Johannesburg Stock Exchange to reinforce its growth strategy in Africa. Additionally, Coca-Cola has the option to buy back the remaining 25% stake within the next six years. This strategy aims to maximally leverage the consumer potential of the increasing young population in 14 African countries.