BSR
BSR
  • Home
  • Distressed Businesses
    • All Distressed Businessess
    • Administrations
    • Liquidations
    • Winding Up
    • Insolvency Advice  New
  • Buy a Business
    • All Businesses for Sale
    • Find a Business for Sale
    • Raising Business Finance
    • Buyer Acquisition Service   New
    • Escrow Service   New
  • Sell a Business
    • Sell Your Business
    • Seller Accounts
    • Need Help Selling?
    • Help With Finance New
    • Business Valuation
    • Business Wanted Adverts
  • Insights & News
    • View All News
    • View All Insights
  • Off-market
    • Source deals
  • Log In
  • Join Now
Join now
11111111

Home / News / SABMiller and Coca-Cola agree bottling merger terms

SABMiller and Coca-Cola agree bottling merger terms

Wed, 04 May 2016 | MERGER

SABMiller and Coca-Cola agree bottling merger terms

London-based brewer SABMiller and US drinks brand Coca-Cola have struck a deal with the South African government to merge their bottling operations in Africa.

The deal was originally agreed in principle back in November 2014, with Coca-Cola agreeing to merge its bottling assets across twelve African nations with those of SABMiller and the privately-held firm Gutsche Family Investments. The merger would generate around 40 per cent of Coca-Cola’s entire output across the continent.

As part of the deal, SABMiller — which is itself about to be acquired by Anheuser-Busch InBev NV — will hold a 57 per cent stake in a newly created company called Coca-Cola Beverages Africa. Coca-Cola itself would retain an 11.3 per cent stake, with Gutsche taking the rest of the shares.

However, the deal had been left in limbo for the last two years, due to the South African government expressing concerns over jobs in the country. But a series of concessions by both SABMiller and Coca-Cola has convinced the government to give the deal the green light.

The concessions include an agreement to keep employment levels stable for at least three years after the deal goes through, with minimal disruption to senior positions. SABMiller also pledged an agriculture and retail investment package worth £37.5 million to South Africa. Additionally, Coca-Cola will make 10 per cent of its fridge space available to smaller drinks manufacturers.

In a recent statement, Alan Clark, the chief executive of SABMiller, said: “I am very happy that we have reached this agreement and hope we now have a clear path to the conclusion of this transaction and the creation of Coca-Cola Beverages Africa.”

For more information on the subject, see the Business Sale Report resources on post merger integration.


Share this article



Latest Businesses for Sale

HR Consultancy Practice
UK Wide

An outsourced employment law and HR specialist offering a comprehensive range of services for clients throughout the UK.

Asking Price: Offers Invited
Turnover: £500,000

LEASEHOLD


Provider of Bespoke Art Conservation & Restoration Services
UK Wide

The company offers personalised services to a growing client base, ensuring all art mounting, conservation and restoration requirements are met by a team of highly skilled specialists. Serving museums, galleries, Government departments and private co...

Asking Price: Offers Invited
Turnover: £695,000

LEASEHOLD


Provider of Windows & Doors Solutions
North West, UK

Based in north West England. The business supplies, installs and maintains high-quality window and door systems for its clients. The company has developed a strong reputation due to a proven track record of supporting its customers and local communit...

Asking Price: Offers Invited
Turnover: £1,000,000

FREEHOLD



View more businesses for sale

News Search

Latest News

 
26
 
Jan
 

UK M&A down 16 per cent in 2022, but sentiment remains optimistic | BUSINESS NEWS

New analysis from PwC has revealed that UK M&A activity decl...

 
26
 
Jan
 

Private equity-backed law firm targeting further M&A in 2023 | BUSINESS NEWS

Stowe Family Law, a Leeds-headquartered specialist family la...

 
25
 
Jan
 

Eastbourne seafront hotel on the market for £2.3m | COMMERCIAL PROPERTY

The Eastbourne Riviera Hotel, located on the town’s po...

Free guide: 10 Biggest Buyer Mistakes

Sign up to receive our acquisition alert emails to get your FREE guide

Email


Related News

 
04
 
Oct
 

Third largest merger expected as AB InBev takes over rival SABMiller | MERGER

The third largest merger is set to go ahead with Anheuser-Bu...

 
01
 
May
 

London brewer hoping to sell its European beer brands | MERGER

If the European Commission approves  Anheuser-Busch InB...

 
09
 
Dec
 

New investment sought for Eco Plastics | BUSINESS SALE

Lincolnshire-based recycling firm Eco Plastics is looking fo...

Want access to the latest businesses for sale?

Business Sale Report is your complete solution to finding great acquisition opportunities.

Join today to receive:

  • Comprehensive range of businesses for sale
  • Make direct contact with business sellers or their intermediaries
  • Access to all UK administrations, liquidations and winding-up petitions
  • Daily email alerts for the latest businesses for sale & distressed notifications
  • Business Sale Report publication posted to you every month
  • Advertise your acquisition requirements on our "business wanted" section

All this and much more, including the latest M&A news and exclusive resources

Become a Member

News Categories

  • - Business Sale
  • - Division Sale
  • - Administration
  • - MBO/MBI
  • - Merger
  • - Commercial Property

View all news

logo
Our Services Distressed Businesses
  • Businesses for Sale
  • Distressed Companies
  • List a Business
  • Help with Finance
  • Buyer Acquisition Service
  • Small Businesses for Sale
Company Buy a Business
  • About BSR
  • Insights
  • News
  • FAQs
  • Reviews
Get In Touch
020 8875 0200
[email protected]
167 Oakhill Road, London, SW15 2QW
Working hours: Mon-Fri, 9am - 5:30pm
About BSR
Business Sale Report is the UK's leading
independent business for sale & distressed business listing service.
Established in 1995, BSR offers an up-to-the-minute, comprehensive overview of businesses for sale, latest distressed business listings and daily acquisition news.
Subscribe

Subscribe to our newsletter to receive news about the latest businesses for sale.

  • Terms
  • Privacy
  • linkedin
  • facebook
  • twitter
© 1995-2023. Business Sale Report Ltd. All rights reserved. www.business-sale.com.