The formation of Coca-Cola Beverages Africa is one step closer to becoming a reality as South Africa’s Competition Commission has given their conditional approval to the merger.

The transaction, which was announced in November 2014, will involve the coming together of SABMiller’s Soft drinks operations in Africa, Coca-Cola SABCO, which is 80 percent owned by Gutsche Family Investments (GFI) and the Coca-Cola Company.