Announced
Financials
Tags
Acquisition
Private
Cross Border
Minority
Pending
Single Bidder
Thailand
soft drinks
Soft Drinks
cold beverages
Friendly
Synopsis
Swire Coca-Cola, a division of Swire Pacific, agreed to acquire a 49% stake in ThaiNamthip, a consumer goods company in Thailand and a bottling partner of The Coca-Cola Company, from The Coca-Cola Company, a total beverage company. Financial terms were not disclosed. The companies will align the management, governance and growth objectives across the ThaiNamthip and Swire Coca-Cola franchise territories with an aim to become the undisputed leader in the beverages market in the region. The alliance will drive profitable growth through world-class differentiating capabilities and a relentless focus on customers and consumers.
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