Tag Archives: The Coca-Cola Company

Coca-Cola to roll out new “Spiral” Fanta PET bottle design

The Coca-Cola Company (TCCC) is set to roll out a new “spiral” Fanta PET bottle.

The new PET bottle which was designed by packaging firm Sidel is already available in some European markets but will be rolled out to other markets in the coming months, according to the packaging firm.

Coca-Cola unveils three new variants of Five Alive juice

Coca-Cola launched three new variants of its popular Five Alive Fruit Juice in Lagos on Tuesday. The soft drinks and juice maker advised Nigerians to reduce their sugar consumption and adhere to a healthy lifestyle.

While introducing the new variants to the media, Coca-Cola Marketing Manager, Stills and Flavours, Gbolahan Sanni, said that consuming more fruits daily either by eating or drinking makes one healthy. Consequently, Coca-Cola Ltd has introduced drinks with more natural content to the market.

Coca-Cola to launch Stevia sweetened soft drinks in 2018

Coca-Cola has announced it will pilot a new Coca-Cola drink sweetened with Stevia instead of sugar next year.

The beverage giant made the announcement recently during its Investor Day Conference in Atlanta, Georgia, USA.

According to the company, Coca-Cola Stevia No Sugar will be 100% sweetened with Stevia, a plant-based sweetener that has zero calories and does not have an aftertaste, a problem the company has faced with previous formulations such as Diet Coke and Coca-Cola Zero.

Coca-Cola Q3 profit rises 38% on cost efficiencies, sales dip on refranchising costs

The Coca-Cola Company (TCCC) reported net revenue of $9.1bn for the third quarter of 2017, down 15% from last year’s $10.6bn, blaming the decline on ongoing refranchising of its bottler territories.

The soda giant said that total unit case volume was unchanged from last year, although certain emerging markets in Latin America and developing markets showed improving trends with slightly positive case volume growth, which offset declines in developed markets that were impacted by weather and the cycling of strong results from the prior year.

Coca-Cola to spend $90m in Kenya to broaden product offerings

The Coca-Cola Company (TCCC) plans to invest up to $90-million in Kenya over the three years through 2018 to increase its product offerings in the region’s biggest economy, the soft drinks maker said on Tuesday.

Coca-Cola, which is the leader in the Kenyan soda market with brands like Coke and Fanta, has committed to invest $17-billion in Africa as a whole since 2014, double what was invested in the continent a decade before, the company said.

AB InBev to sell stake in Zambia’s National Breweries to Zimbabwe’s Delta Corp

Delta Corporation, Zimbabwe’s largest brewer and a unit of AB InBev said on Thursday that it has reached an agreement to acquire a controlling interest in National Breweries of Zambia.

In a released statement, Delta said that equity is being acquired from Heinrich’s Syndicate, also a subsidiary of AB InBev.

“The equity is being acquired from Heinrich’s Syndicate, a subsidiary of AB InBev. The transaction is subject to various regulatory approvals. The impact of this transaction is currently being determined but is not material for Delta,” said Alex Makamure, Delta’s Company Secretary.

Coca-Cola to unveil ‘Safe Birth Initiative’ for Ivory Coast and Nigeria

Soft drinks giant Coca-Cola  on Thursday announced the launch of “The Safe Birth Initiative” a new programme to aid the Health Ministries of Ivory Coast and Nigeria tackle high maternal and infant mortalities.

The pledge was made by the company’s Group President for Europe, Middle East & Africa (EMEA), Brian Smith while paying a courtesy visit to the President of Ivory Coast, His Excellency Alassane Ouattara.

AB InBev completes divestment of interest in Coca-Cola Beverages Africa

Anheuser-Busch InBev announced on Wednesday that it had completed the sale of its 54.5% equity stake in Coca-Cola Beverages Africa (CCBA), the continents largest Coke bottler to The Coca-Cola Company (TCCC) for $3.15bn after customary adjustments, as announced on December 21, 2016.

CCBA was formed in 2016 through the merger of SABMiller’s African non-alcoholic beverage interest with The Coca-Cola Company’s South African operations and the Gutsche Family Investments, the owners of South African-based Coca-Cola Sabco.

Coca-Cola Nigeria to spend $600 million on new products by 2020

Coca-Cola Nigeria Limited said it plans to invest $600 million by 2020 to boost sales, as part of the parent company’s global strategy to offer more consumer likeable products that goes beyond its carbonated soft drinks.

The Nigerian subsidiary of the Atlanta-based soft drinks maker said it wants to expand its product offerings to include flavoured and condensed milk, ice tea and bottled water to meet demand, said Peter Njonjo, the President of Coca-Cola West Africa, in an interview with Bloomberg Business in Lagos.

Singapore caps sugar levels in beverages

Big soft drinks companies have agreed to limit the sugar content of their drinks sold in Singapore to 12% by 2020 as part of the country’s effort to fight diabetes.

Coca-Cola, PepsiCo, Singapore-based Fraser & Neave and Yeo Hiap Seng, Malaysia Dairy Industries, Nestle and Japan’s Pokka have all agreed to limit the amount of sugar they use in beverages sold in the City-State, according to the country’s ministry of health.