M&A

M&A

Coca-Cola divests company-owned bottling ops in 3 regions

Business Line  

Coca-Cola’s bottling arm, Hindustan Coca-Cola Beverages Pvt Ltd (HCCB), is divesting bottling operations in Rajasthan, Bihar, North-East and parts of West Bengal to its existing independent bottlers.The Rajasthan market will be owned and operated by Kandhari Global Beverages. Kandhari is currently operating in parts of Delhi, Himachal Pradesh, Haryana, Punjab, Chandigarh, Jammu & Kashmir, Ladakh.The Bihar market will be owned and operated by SLMG Beverages Pvt Ltd. SLMG is currently operating in Uttarakhand, parts of Uttar Pradesh, Madhya Pradesh, and Bihar.The North-East market and select areas of West Bengal will be owned and operated by Moon Beverages Pvt Ltd which is currently operating parts of Delhi and Uttar Pradesh.