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Coca-Cola Sells 75% of African Bottling Business for $3.4B

10/22/2025

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Summary

Story summary

The Coca-Cola Company will sell 75% of Coca-Cola Beverages Africa (CCBA) to Coca-Cola HBC AG for about $3.4 billion.
Coca-Cola divests 41.52% of its ownership and HBC may acquire the remaining 25% within six years.
Coca-Cola Beverages Africa operates in 14 African countries and accounts for 40% of Coca-Cola's regional sales.
The transaction supports Coca-Cola's refranchising of bottling operations, reducing investments from 13% to about 5% of net revenue.

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Story summary

The Coca-Cola Company will sell 75% of Coca-Cola Beverages Africa (CCBA) to Coca-Cola HBC AG for about $3.4 billion.
Coca-Cola divests 41.52% of its ownership and HBC may acquire the remaining 25% within six years.
Coca-Cola Beverages Africa operates in 14 African countries and accounts for 40% of Coca-Cola's regional sales.
The transaction supports Coca-Cola's refranchising of bottling operations, reducing investments from 13% to about 5% of net revenue.