Wed Feb 21, 2007 5:07pm EST
[pic][pic][pic][pic][pic][pic][pic]Co and San Miguel Corporation jointly announced today that The Coca-Cola Co has acquired San Miguel's 65% shareholding in Coca-Cola Bottlers Philippines (CCBPI). CCBPI also owns Cosmos Bottling Company and Philippine Beverages Partners, Inc. San Miguel Corporation was previously the majority shareholder of CCBPI and had management control of the bottler. The Coca-Cola Company now has full ownership of CCBPI. The total consideration of the transaction is US$590 mln.
The Coca-Cola Company (NYSE: KO) is a beverage company, manufacturer, distributor, and marketer of non-alcoholic beverage concentrates and syrups. The company is best known for its flagship product Coca-Cola, invented by pharmacist John Stith Pemberton in 1886. The Coca-Cola formula and brand was bought in 1889 by Asa Candler who incorporated The Coca-Cola Company in 1892. Besides its namesake Coca-Cola beverage, Coca-Cola currently offers more than 400 brands in over 200 countries or territories and serves 1.6 billion servings each day.
The company operates a franchised distribution system dating from 1889 where The Coca-Cola Company only produces syrup concentrate which is then sold to various bottlers throughout the world who hold an exclusive territory.
The Coca-Cola Company is headquartered in Atlanta, Georgia. Its stock is listed on the NYSE and is part of DJIA, S&P 500 Index, the Russell 1000 Index and the Russell 1000 Growth Stock Index. Its current chairman and CEO is Muhtar Kent.
|1 Brands |
|2 History |
|3 Revenue |
|4 Lobbying |
|5 Bottlers |
|6 Criticism... [continues]
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(2010, 05). Swot Analysys of Coca Cola. StudyMode.com. Retrieved 05, 2010, from http://www.studymode.com/essays/Swot-Analysys-Of-Coca-Cola-321978.html
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