Coca-Cola, Gutsche Family to Sell Stake in CCBA, Refranchising on Track
Key Takeaways Coca-Cola and Gutsche have agreed to sell a 75% stake in CCBA.KO and Coca-Cola HBC will have a separate option agreement to get the remaining 25%.Post acquisition, Coca-Cola HBC will account for two-thirds of Africa's entire Coca-Cola system volume.The Coca-Cola Company (KO) is evolving into a total beverage company with a resilient, all-weather strategy that integrates marketing, innovation and revenue growth management. The company is optimistic about its robust portfolio, supported by its s ...