Global beverages major Coca-Cola has sold 40 per cent stake in its India bottling business Hindustan Coca-Cola Beverages Pvt Ltd (HCCBL) to Jubilant Bhartia Group. Coca-Cola Sells 40% Stake Though the company has not disclosed the amount of the deal,

Coca-Cola has sold a 40 per cent stake in Hindustan Coca-Cola Holdings Pvt Ltd (HCCH) to Jubilant Bhartia Group. HCCH is the parent company of Hindustan Coca-Cola Beverages Pvt Ltd (HCCBL), the largest Coke bottler in India.

In India, the company had franchised its bottling operations to its existing bottlers in three key markets - Rajasthan, Bihar, Northeast, and parts of West Bengal to its existing bottlers.

Coca-Cola has sold a 40% stake in its Indian bottling arm, Hindustan Coca-Cola Beverages Pvt Ltd (HCCBL), to Jubilant Bhartia Group. This strategic mo

Coca-Cola has sold a 40% stake in its India bottling arm, HCCBL, to Jubilant Bhartia Group. The deal, reportedly worth Rs 10,000 crore, sees the Atlanta-based firm divesting bottling operations globally as part of its asset-light strategy.

Coca-Cola has sold a 40% stake in its Indian bottling business to Jubilant Bhartia Group. The deal aligns with Coca-Cola's asset-light strategy, aiding its market position in India. Jubilant Bhartia Group aims to leverage this investment to enhance business growth and strengthen Coca-Cola's local market impact.

Jubilant Bhartia Group said on Wednesday it will buy a 40% stake in Coca-Cola's largest bottler in India, as the Indian conglomerate plans to foray into the country's "high growth" beverage sector. The group,

Cola Co. has agreed to sell a 40% stake in its India bottling unit to the Jubilant Bhartia Group for an undisclosed amount as the beverage giant becomes the latest foreign firm to divest a part of its shareholding in its local arm.

Global beverage giant Coca-Cola has announced the sale of a 40% stake in its Indian bottling business, Hindustan Coca-Cola Beverages Pvt Ltd (HCCBL), to the Jubilant Bhartia Group. Though the company did not disclose the financial details,

Coca-Cola Co. sold 40 per cent of its stake in Hindustan Coca-Cola Holdings Pvt Ltd to the Jubilant Bhartia Group, reported PTI on Wednesday, December 11.