In India, The Coca-Cola Co. bottles products such as Thums-Up, Sprite, Fanta, Limca and flagship brand Coca-Cola through subsidiary Hindustan Coca-Cola Beverages Pvt. Ltd (HCCB), as well as a set of independent bottling companies.
Jubilant Bhartia Group will acquire 40% in Hindustan Coca-Cola Holdings, the parent of HCCB, through Jubilant Beverages Ltd. HCCB operates 13 factories, serving 236 districts across 12 states in India's south and west.
Coca-Cola struck the deal with a "long-term" view of picking a partner which has capabilities in running reputed businesses in India, a person familiar with the development said. Goldman Sachs is financing a part of the deal, and the ultimate aim is to take the bottling business public, the person said on the condition of anonymity.
The Jubilant Bhartia Group, which started out as a drugs and chemicals company, has since branched into contract research and development services, agricultural products, performance polymers, and food services.
Jubilant FoodWorks Ltd is India's largest food services company, and holds exclusive rights to develop and operate Domino's Pizza in India, Sri Lanka, Bangladesh and Nepal.
Denne historien er fra December 12, 2024-utgaven av Hindustan Times Noida.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent ? Logg på
Denne historien er fra December 12, 2024-utgaven av Hindustan Times Noida.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
Freeze frame: Winter skincare secrets to lock your glow
secrets to lock your glow
'I'D NEVER SEEN SUCH PRAISE FOR DUBBING IN A FILM BEFORE'
Actor Shreyas Talpade reflects on the success of Pushpa franchise and the response to his Hindi dubbing of its titular character
Miley Cyrus buys her iconic Grammys dress
Pop singer and actor Miley Cyrus has purchased the dazzling Bob Mackie dress she wore to the 2024 Grammy Awards.
I won't get industry support despite the success of Bhool Bhulaiyaa 3
Even though actor Kartik Aaryan has spent over a decade in showbiz and has gained considerable success, he feels that he still won't get support from fellow members of the film industry.
Mahira hits back at claims she uses SRK's name for publicity
THE PAKISTANI ACTOR CLARIFIES THAT SHE ONLY TALKS ABOUT SHAH RUKH KHAN WHEN SHE IS ASKED ABOUT HIM
THE CURIOUS CASE OF ROHIT BAL'S WILL
Has Rohit Bal left his assets to close friend Lalit Tehlan or to his family? Both parties claim they have the legitimate will
Ding staves off Gukesh's final thrust with White in Game 13
The Indian teen battles it out for 69 moves before draw is agreed with one classical game left in the world title contest
Age, tenure clauses can be eased in new sports bill
NEW DELHI: The age and tenure restrictions in the proposed National Sports Governance Bill the government intends to bring will be relaxed for sports officials who hold posts in international federations.
Smriti ton in vain as Aussies sweep series
Chasing 299 against Australia in Australia is no mean feat. But as long as Smriti Mandhana was in flow, India were in with more than a decent chance.
How data analytics can help India get back on track Versus Australia
Head inflicted pain on the visitors in the 2nd Test; numbers show the short ball on a channel could stop the left-hander
