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Oct 21, 2025 8:00 AM

Why Coca-Cola Just Sold Most Of Its Africa Bottling Empire

On Tuesday, Coca-Cola Company (NYSE:KO) and Gutsche Family Investments disclosed a deal to sell a 75% controlling stake in Coca-Cola Beverages Africa (CCBA) to Coca-Cola HBC AG for around $3.4 billion.

Under the deal, The Coca-Cola Company will sell 41.52% of its 66.52% ownership in CCBA, while Coca-Cola HBC will also purchase the 33.48% stake held by Gutsche Family Investments.

Notably, CCBA operates in 14 African countries and represents around 40% of all Coca-Cola product sales in the region.

Also Read: Coca-Cola Q3 Preview: Will Warren Buffett’s Favorite Beverage Stock Post A Double Beat?

The sale is expected to be completed by the end of 2026.

Additionally, Coca-Cola and Coca-Cola HBC have entered into an ...