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Coca-Cola Sells 40% Stake in Indian Bottling Unit to Jubilant Bhartia Group

Coca-Cola has sold a 40 per cent stake in its bottling operations, Hindustan Coca-Cola Beverages Pvt Ltd (HCCBL), to the Jubilant Bhartia Group.

  • While the financial details were not officially disclosed, media reports peg the deal's valuation at around INR 10,000 crore.
  • The transaction involves Jubilant Bhartia Group acquiring a 40 per cent stake in Hindustan Coca-Cola Holdings Pvt Ltd, the parent company of HCCBL, India's largest Coca-Cola bottler.
  • Jubilant Bhartia Group, a multi-billion-dollar conglomerate with a global footprint across diverse industries, is expected to bring strategic synergies to Coca-Cola's operations in the region.

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