Coca-Cola HBC to acquire a 75% stake in Coca-Cola Beverages Africa from The Coca-Cola Company for $2.6bn.

Coca-Cola HBC, the world's third-largest Coca-Cola anchor bottler, agreed to acquire a 75% stake in Coca-Cola Beverages Africa, the eighth largest Coca-Cola bottling partner worldwide by revenue, from The Coca-Cola Company, a multinational corporation, for $2.6bn. "This milestone marks a historic moment for Coca-Cola HBC and continues our legacy of growth and partnership across Africa. For decades, we have invested to unlock Africa's extraordinary potential. We look forward to accelerating this positive momentum with CCBA to deliver lasting value for our stakeholders, and make a positive impact in the communities we serve. On behalf of the board, I'd like to thank The Coca-Cola Company and the Gutsche family for their ongoing partnership and trust," Anastassis G. David, Coca-Cola HBC Chairman of the Board.