Swire Coca-Cola has reached an agreement with The Coca-Cola Company to purchase the entire equity interests in six of the subsidiaries of Coca-Cola Bottlers Manufacturing Holdings Limited (CCBMH), at Nanning, Hangzhou, Foshan, Wuhan, Dongguan, and Suzhou on the Chinese Mainland.
The CCBMH subsidiaries prepare and package still beverages, including enhanced water, juice, tea, dairy drinks, and coffee, which are then distributed by Coca-Cola China’s bottlers. The restructuring is part of a master agreement to merge CCBMH’s operations into those of the bottlers, in order to enhance efficiency, boost synergy in the supply chain, and help speed up production scheduling and new product launching, so the Coca-Cola China system is better positioned to provide high-quality beverages for local consumers, tailored to their needs.
