The transaction marks a major step in Coca-Cola’s global refranchising strategy and expands Coca-Cola HBC’s footprint across Africa.
The acquisition will create one of South Africa’s largest food producers with combined annual revenue projected at R28 billion.
CCBU earns national recognition for fostering employment, entrepreneurship, and inclusive workplace growth in Uganda’s beverage sector.
The acquisition marks a major milestone for UAC of Nigeria as it expands its footprint in the food and beverage industry.
The UAE’s new sugar tax will replace the flat-rate system with a tiered model based on sugar content per 100ml.