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The investment by the Jubilant Bhartia Group family will contribute to the company’s ongoing success and help strengthen its position in the Indian market
The Coca-Cola Company announced that it has reached an agreement with the Jubilant Bhartia Group, a multi-billion conglomerate with a global presence in diverse sectors, to acquire a 40 per cent 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.
The Coca-Cola System in India is continuing to drive sustainable, long-term growth by investing in the opportunities available in India. “The Jubilant Bhartia Group will bring invaluable experience and insights to our business as we continue to grow our presence in India,” said Henrique Braun, President of International Development for The Coca-Cola Company. “Jubilant Bhartia Group brings a track record of building and growing consumer and other businesses in India with international partners. They are also committed to investing in the communities they serve.”
The Coca-Cola Company’s locally owned franchise partners in India are positioned to drive successful outcomes. The investment by the Jubilant Bhartia Group family will contribute to the company’s ongoing success and help strengthen its position in the Indian market.