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Coca-Cola Partners with Jubilant Bhartia Group to Sell 40% Stake in India Bottling Business

Dec 12, 2024

Contract Type

partnership

ManufacturingFood and BeverageHospitalityFood Processing

Description

Coca-Cola has entered into a strategic partnership with Jubilant Bhartia Group, selling a 40% stake in Hindustan Coca-Cola Holdings (HCCH) for ₹12,500 crore. This move aligns with Coca-Cola's global refranchising strategy and aims to enhance its presence in India, its fifth-largest market. The deal also marks a significant entry into the bottling sector for Jubilant Bhartia Group in India, leveraging its operational expertise from businesses like Domino’s and Dunkin’ to boost the growth of Hindustan Coca-Cola Beverages (HCCB), Coca-Cola’s largest bottler in India.

Company Information

Company

Coca-Cola Europacific Partners

About

Coca-Cola Europacific Partners (CCEP) is one of the world’s leading consumer goods companies, known for iconic brands like Coca-Cola, Fanta, Sprite and Monster. With a global business and strong local footprint, CCEP also offers local favourites and products across fast-growing categories such as coffee and ready-to-drink alcohol.

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What this usually means
Strategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies

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