Jubilant Bhartia Group to acquire a 40% stake in Hindustan Coca‑Cola Holdings from The Coca‑Cola Company.

Jubilant Bhartia Group, a multi-billion conglomerate with global presence in diverse sectors, agreed to acquire a 40% stake in Hindustan Coca‑Cola Holdings, the parent company of the largest Coca‑Cola bottler in India, from The Coca‑Cola Company, a beverage company. Financial terms were not disclosed. “The Jubilant Bhartia Group will bring invaluable experience and insights to our business as we continue to grow our presence in India. 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,” Henrique Braun, The Coca‑Cola Company President of International Development.