Coca-Cola takes minority ownership stake in sport drinks brand Bodyarmor

USA - Coca-Cola is taking a minority ownership stake in Bodyarmor, a fast-growing line of premium sports performance and hydration beverages for an undisclosed sum. The company said that through the strategic relationship, Bodyarmor will remain an independent company and gain access to the expansive Coca-Cola bottling and distribution system. The initial investment, which will…

Coca-Cola European Partners reports first half year revenues at US$6.19m

USA - Coca-Cola European Partners, has announced its interim results for the six months ended 29 June 2018 with a reported revenue totalled at US$6.19 million, maintaining full-year 2018 outlook. According to the company, the first-half diluted earnings per share were US$0.97 on a reported basis or US$1.15 on a comparable basis, including a negligible…

Coca-Cola Beverages SA appoints Flora Jika as new logistics director

SOUTH AFRICA - Coca-Cola Beverages South Africa (CCBSA) has appointed Flora Jika as the new logistics director after working with the company for almost ten years, Business Day has reported. Jika, a holder of master’s degree in industrial engineering from Wits University, joined CCBSA in 2008 after a four-year stint at Anglo American’s Witbank coalfields.…

Coca-Cola Beverages Africa to launch its sparkling fruit juice Appletiser in Spain

SOUTH AFRICA - Coca-Cola Beverages Africa has announced that it is set to launch South Africa’s sparkling fruit juice Appletiser in the European market starting with Spain, with later introductions in Western Europe and the Americas. Appletiser is a home-grown apple juice brand acquired by The Coca-Cola Company two years ago and has seen successful…

Nigeria’s Coca-Cola bottler pledges continued investment in glass bottles

NIGERIA - Nigerian Bottling Company (NBC), the bottler of Coca-Cola has announced it will continue to invest in more ‘environmentally friendly’ packaging solutions especially glass bottle to tackle plastic pollution. The company has also pledged to provide customers with healthier drinks at the wake of a shift in tastes and preferences towards healthier and safe…

Coca-Cola tops estimates as diet drinks drives 5% organic sales growth

USA - The Coca-Cola company has reported 5% growth in organic sales driven by consumer preference for healthier drink options such as Zero Sugar and Diet Coke, beating analysts’ expectations for sales and profits in the second quarter. Reuters has reported that following the financials release, its shares rose 2.7%. Positive earnings were attributed to…

Coca-Cola launches lemon-flavoured Schweppes +C targeting adults in Kenya

KENYA - Coca-Cola has launched a lemon-flavored carbonated drink, Schweppes +C which is enriched with vitamin C as looks forward to a new niche of mature and ‘health-conscious’ consumers, according to Business Daily. Bottled by the Coca-Cola Beverages Africa (CCBA) Nairobi-Kenya plant, Schweppes +C is a great tasting, sparkling beverage with added vitamin C targeting…

Coca-Cola’s Crown Beverages signs deal to distribute alcohol in Kenya

KENYA - Crown Beverages, a subsidiary of Coca-Cola Beverages Africa(CCBA) and one of the most reputable bottler of natural mineral water in East Africa has signed a signed a deal to distribute premium alcohol brands in Kenya. An article by Business Daily reported that the partnership with the Italian branded beverage firm, Campari Group will…

Coca-Cola Nigeria to use 50% recycled packaging by 2030

NIGERIA - Nigerian Bottling Company (NBC), the sole bottler of Coca-Cola products in Nigeria has announced a commitment to use an average of 50% recycled content in its bottled drinks packaging by 2030. According to NBC Legal, Public Affairs and Communications Director Sade Morgan, the company was also working on developing plant-based resins, and reducing…

Coca-Cola to launch new Schweppes variant that enhances taste of dark spirits

UK - Coca-Cola European Partners is set to launch a new mixer variant of its Schweppes 1783 range, Muscovado created to enhance the taste of dark spirts like rum and whiskey. With plans to roll it out in September, Coca-Cola claim the mixer is naturally flavored through a combination of vanilla, caramel and butterscotch. According…