Daily Archives: January 18, 2016

Coca-Cola likely to accept AB InBev as new African bottling partner, says Analyst

The Coca-Cola Company (Parent Co) is likely to agree to Anheuser-Busch InBev (AB InBev) becoming its new African bottling partner after the takeover of SABMiller, an analyst has said.

AB InBev is on course to becoming the new owner of the Coca-Cola Beverages Africa (CCBA), a merger of Coca-Cola bottling operations in Southern and Eastern Africa with SABMiller’s soft drinks business and Coca-Cola SABCO, which is wholly owned by the Gutsche Family Investments (GFI).

AB InBev lists on the JSE

AB InBev CEO Carlos Brito with JSE executives Donna Oosthuyse and Nicky Newton-King

Anheuser-Busch InBev (AB InBev) has listed on the Johannesburg Stock Exchange (JSE) as it makes its South African presence as part of its takeover of SABMiller.

AB InBev’s corporate headquarters will remain officially in Belgium and New York, but its new inward secondary share listing in South Africa is because of SABMiller’s large presence in the country.