In 1927, San Miguel Corporation (then known as San Miguel Brewery, Inc.) became Coca-Cola`s first international bottler. In 1981, San Miguel split its soft drink business into a new company called Coca-Cola Bottlers Philippines, Inc. (CCBPI). The company was founded as a joint venture between San Miguel Corporation (70%) and The Coca-Cola Company (30%). In December 2018, BIG completed the acquisition of coca-Cola FEMSA Philippines` bottling business. The company was later renamed Coca-Cola Beverages Philippines, Inc. to reflect its ambition to build a global beverage business. At The Coca-Cola Company, we strive to become an even more consumer-centric global beverage company. Beverages are a growing and dynamic industry with long-term growth opportunities in the future.
We have created a sustainable performance platform to capitalize on this opportunity, focused on disciplined portfolio growth, a coordinated and engaged bottling system, and success with our stakeholders. All this is supported by the digitization of our company, the promotion of an inclusive culture and culture and sustainable growth. Operator of a beverage bottling plant based in Taguig, Philippines. The company specializes in distribution and bottling services for the Coca-Coal brand and serves the Philippine market. Coca-Cola Beverages Philippines, Inc. (CCBPI, formerly Coca-Cola FEMSA Philippines, Inc.) is a Philippine company engaged in the bottling and distribution of Coca-Cola products in the country. CCBPI is part of the bottling operation of Bottling Investment Group (BIG), the bottling company owned by Coca-Cola Company (TCCC) that aims to lay the foundation for long-term success. BIG`s operations are primarily focused on the Southeast Asia, India and Southwest Asia markets, covering 14 countries with 39 factories and 16,500 employees, serving 1.8 billion consumers. Coca Cola Bottlers Philippines Inc (CCBPI) is engaged in the production, bottling and distribution of soft drinks in the Philippines, as well as sports drinks, juices and teas. The company is based in Paco, Manila. The Coca-Cola Company (NYSE: KO) is a total beverage company with products sold in more than 200 countries and territories.
The company was founded in 1981 as Coca-Cola Bottlers Philippines, Inc. and on January 25, 2013 as Coca-Cola FEMSA Philippines, Inc. renamed after being jointly owned by the Mexican companies Coca-Cola FEMSA, S.A. de C.V. and The Coca-Cola Company. This is a profile preview of the PitchBook platform. On August 17, 2018, The Coca-Cola Company announced that its Bottling Investments Group (BIG) has agreed to acquire the 51% stake in the company owned by Coca-Cola FEMSA, S.A. de C.V.[1][2][3] This information is available on the PitchBook platform. To view Coca-Cola Femsa Philippines` full profile, request access.
The goal of our company is to refresh the world and make a difference. Our brand portfolio includes Coca-Cola, Sprite, Fanta and other sparkling soft drinks. Our brands for hydration, sports, coffee and tea include Dasani, Smartwater, Vitaminwater, Topo Chico, Powerade, Costa, Georgia, Gold Peak, Ayataka and BodyArmor. Our nutritional beverage, juice, dairy and plant-based beverage brands include Minute Maid, Simply, innocent, Del Valle, fairlife and AdeS. Our company`s focus on disciplined portfolio growth and value creation is the product of our employees and their strong commitment to creating beverage brands that are loved and shared by people around the world. The world`s most valuable brand portfolio with unparalleled distribution opportunities. Contact Information: Purchase the Coca Cola Femsa Philippines Inc report to view this information. On December 14, 2012, TCCC signed a definitive agreement to sell its 51% stake in CCBPI to Mexican company Coca-Cola FEMSA, S.A. de C.V., Coca-Cola`s second largest bottler in the world with offices in Central and South America. [9] The cash transaction came into effect on January 25, 2013.
The transaction price represented A CCBPI valuation of $1,350 million. Coca-Cola FEMSA will have an option to acquire the remaining 49% of CCBPI at any time over the next 7 years and will have a put option to resell its stake to TCCC at any time during the sixth year. [10] Watch presentations, transcripts and videos from The Coca-Cola Company. In February 2002, San Miguel completed the acquisition of an 83% stake in rival Cosmos Bottling Corporation in a £15 billion ($282 million) deal through CCBPI. Cosmos specialized in low-cost soft drinks and held the number two in the Philippine market. The merger of Coca-Cola Bottlers Philippines and Cosmos Bottling Corporation has given the San Miguel Group control of more than 90% of the Philippine soft drink market. [4] Headquarters 27F Net Lima Building 5th Avenue Corner 26th Street Bonifacio Global City, Taguig City Bonifacio; Misamis Occidental; Postal code: 1634 We are constantly changing our portfolio, from reducing sugar in our beverages to launching new innovative products. We strive to make a positive impact on the lives of people, communities and the planet through water filling, packaging recycling, sustainable sourcing practices and reducing carbon emissions throughout our value chain.