Announced
Financials
Sources
Tags
Single Bidder
Domestic
Acquisition
Merger
Containers and Packaging
Private
Pending
Majority
Algeria
Friendly
bottling
Synopsis
Equatorial Coca-Cola Bottling Company, a bottler of The Coca-Cola Company across North and West Africa, and Castel Group, a French beverage company, agreed to merge their Algerian soft drinks businesses. Financial terms were not disclosed. The proposed integration will allow both companies to combine their respective capabilities and expertise to drive performance across a consolidated beverage platform to serve the Algerian market more effectively and efficiently, driving value for the Coca-Cola System’s key stakeholders including consumers, customers and suppliers.
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