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Announced

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Coca-Cola İçecek and CCI International Holland completed the acquisition of Coca-Cola Bangladesh Beverages for $130m.

Synopsis

Coca-Cola İçecek, an anchor bottler and a part of the Coca-Cola System, and CCI International Holland, a multinational beverage company, completed the acquisition of Coca-Cola Bangladesh Beverages, a company engaged in manufacturing, bottling, packaging, sales, distribution, marketing and supply of beverages and packaged drinking water, for $130m. "We are very pleased to sign the share purchase agreement to acquire CCBB, which we see as a great opportunity to enter a market with significant future potential, where growth and value can be generated by deploying CCI's core capabilities. This acquisition also creates a more diverse geographical footprint for CCI and solidifies its alignment with TCCC," Karim Yahi, Coca-Cola İçecek CEO.

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