In a strategic move aimed at enhancing its premium brand portfolio, Brown-Forman Corporation (NYSE: BFA, BFB) has completed the sale of its renowned Finlandia vodka brand to Coca-Cola HBC AG for a deal valued at $220 million. This sale aligns with Brown-Forman’s vision for brand innovation and portfolio premiumization. Brown-Forman Advances Strategic Portfolio Optimization with […]
In a significant move towards digital transformation, Coca-Cola HBC (CCH), one of the largest strategic bottlers of Coca-Cola, has announced a partnership with Genpact, a global professional services firm recognized for transforming businesses. The partnership aims to expedite digital transformation across Coca-Cola HBC’s finance operations. The collaboration seeks to leverage Genpact’s profound domain, process, and […]
Coca-Cola HBC said that its fully-owned subsidiary — CC Beverages Holdings II has agreed to acquire ESM Effervescent Sodas Management Limited (Three Cents), an adult sparkling beverage and mixer business, for a price of €45 million. ESM Effervescent Sodas Management is currently owned by S.I.C.C Holding Limited, a fully-owned subsidiary of Greece-based IDEAL Holdings. It […]
Coca-Cola Hellenic Bottling Company (Coca-Cola HBC) has agreed to acquire a stake of 30% in Italian coffee company Casa Del Caffè Vergnano (Caffè Vergnano) for an undisclosed price. The Switzerland-based Coca Cola anchor bottler will acquire the stake through its fully-owned subsidiary CC Beverages Holdings II. Additionally, Coca-Cola HBC has entered into an exclusive distribution […]
Coca Cola HBC acquisition of Lurisia : Coca Cola Hellenic Bottling Company (Coca Cola HBC), a Swiss bottling partner of The Coca‑Cola, has agreed to acquire Lurisia, an Italian natural mineral water and adult sparkling beverages firm, for the total enterprise value of €88 million (US$97 million). The acquisition executed through Coca Cola HBC’s wholly-owned […]