Coca-Cola sells 40% stake in India bottling business Hindustan Coca-Cola Beverages to Jubilant Bhartia Group

Coca-Cola has sold a 40% stake in its Indian bottling arm, Hindustan Coca-Cola Beverages Pvt Ltd (HCCBL), to Jubilant Bhartia Group. This strategic move aligns with Coca-Cola's global asset-light strategy.

Dec 11, 2024 - 16:00
Coca-Cola sells 40% stake in India bottling business Hindustan Coca-Cola Beverages to Jubilant Bhartia Group

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Coca-Cola has sold a 40% stake in its Indian bottling arm, Hindustan Coca-Cola Beverages Pvt Ltd (HCCBL), to Jubilant Bhartia Group. This strategic move aligns with Coca-Cola's global asset-light strategy.
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