TPG Capital to acquire a majority stake in Made Group from Coca-Cola.

TPG Capital, a private equity firm, agreed to acquire a majority stake in Made Group, a beverage company, from The Coca-Cola Company. Financial terms were not disclosed. The deal will see TPG Capital acquire the two Coke companies’ combined 45% stake, and additional equity owned by Made’s founders and management. TPG Capital is expected to add other beverages brands and companies to the portfolio, and work to create a pan-Asian beverages group.