Coca-Cola Announces Strategic Investment by Jubilant Bhartia Group in India
New Delhi, December 2024.
The Coca-Cola Company today announced that it has reached an agreement with the Jubilant Bhartia Group, a multi-billion conglomerate with global presence in diverse sectors, to acquire a 40% stake in Hindustan Coca-Cola Holdings Pvt. Ltd., the parent company of the largest Coca-Cola bottler in India, Hindustan Coca-Cola Beverages Pvt. Ltd.
Coca-Cola has a long-standing commitment to deliver quality products and experiences to consumers and is continuing to drive sustainable, long-term growth by investing in the opportunities available in India.
Coca-Cola’s locally owned franchise partners in India are positioned to drive successful outcomes. The investment by the Jubilant Bhartia Group will contribute to the company’s ongoing success and help streng...