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Millennials Fostering Peace in Bogotá, Colombia Awarded Grant from The Coca-Cola Company


The facility, known as Camp Bakongo, serves at-risk and underprivileged children who have been impacted by conflict in Colombia.  Young Colombians and demobilized people cooperatively staff and manage the camp.  Camp Bakongo creates an environment of peacebuilding, sharing and teamwork that gives the next generation of Colombians a foundation for continued cooperation. The Coca-Cola Shaping a Better Future Grant Challenge provides acceleration funding to initiatives led by the Global Shapers Community of the World Economic Forum.  The grant ... Read More »

The Coca-Cola Company and Anheuser-Busch InBev Reach Agreement Regarding Coca-Cola Beverages Africa


In addition, the companies have reached an agreement in principle for The Coca-Cola Company to acquire AB InBev’s interest in bottling operations in Zambia, Zimbabwe, Botswana, Swaziland, Lesotho, El Salvador and Honduras for an undisclosed amount. The transactions are subject to the relevant regulatory and minority approvals and are expected to close by the end of 2017. The Coca-Cola Company plans to hold all of these territories temporarily until they can be refranchised to other partners. The Coca-Cola Company’s intent is to account fo... Read More »

The Coca-Cola System in China Completes Definitive Agreement to Reshape Bottling Operations in China


The Coca-Cola Company, together with its three main bottling groups in China - Coca-Cola Bottling Investments Group China (“BIG”), COFCO Coca-Cola Beverages Limited (a subsidiary of COFCO Corporation, “COFCO”)  and Swire Beverages Holdings Limited (“Swire”) – today commemorated the completion of a definitive agreement to refranchise all existing Company-owned bottling operations in China. The transaction will result in a divide of the Coca-Cola’s bottling system in China between the two franchise partners – COFCO and Swire. “This announcemen... Read More »

USAID and Coca-Cola Announce Up to $22 Million for Second Phase of Water and Development Alliance


New programming through WADA will continue to build on the partnership’s successes and support further development of drinking water and sanitation services in communities, schools, and health clinics. The partnership also seeks to leverage each partner's expertise and networks that includes global and local supply chains and technical knowledge. Between 2016 and 2021, the WADA partnership seeks to promote improved water management and expand improved access to water, sanitation, and hygiene (WASH) services for poor and marginalized people i... Read More »

The Coca-Cola Company Names Barry Simpson Chief Information Officer


A nearly 30-year IT industry veteran, Simpson joined the Coca-Cola system in 2008 as Group CIO of the Coca-Cola Amatil (CCA) Group, a major Coca-Cola bottler based in Sydney, Australia.  In this role he was responsible for the development and implementation of IT strategy for the CCA Group across multiple lines of business in six Asia-Pacific markets.  He joined The Coca-Cola Company in Atlanta in January 2016 where he has been responsible for overseeing IT services provided to all of the company’s business units worldwide. “Given the signif... Read More »

Update on Refranchising of Coca-Cola Territories in the Southwest United States


Previously, The Coca-Cola Company announced a letter of intent with Arca Continental, along with Coca-Cola Bottling Company UNITED, to create a joint venture involving these territories. Currently, the area is operated by the Coca-ColaRefreshments unit of The Coca-Cola Company. During due diligence and transition planning, the companies concluded that it is in the best interests of all parties involved for Arca Continental to focus on the Southwest transition, while UNITED will turn its full attention and resources to its previously announce... Read More »

Gold Peak® to Launch Ready-to-Drink Tea Lattes and Cold Brew Coffees in 2017


Gold Peak, known for its premium line of iced teas and coffee products that deliver home-brewed taste, announced today that it will introduce new ready-to-drink tea lattes and coffees in the first quarter of 2017. The RTD tea latte segment is considered an emerging beverage category, while RTD coffees have enjoyed very strong growth over the past five years. Gold Peak will join Illy in Coca-Cola’s burgeoning RTD coffee portfolio in the United States. Together, they will be part of a multi-brand strategy to give consumers a variety of great-t... Read More »

The Coca-Cola Company to Present at Barclays Global Consumer Staples Conference


The company invites investors to listen to the live audiocast of the presentation at its website,  A replay in downloadable MP3 format will also be available within 24 hours after the audiocast on the company’s website. About The Coca-Cola Company The Coca-Cola Company (NYSE: KO) is the world's largest beverage company, refreshing consumers with more than 500 sparkling and still brands and more than 3,800 beverage choices. Led by Coca-Cola, one of the world's most valuable and recognizable brands, our c... Read More »

The Coca-Cola Company Reports Second Quarter 2016 Results


The Coca-Cola Company today reported second quarter 2016 operating results. Muhtar Kent, Chairman and Chief Executive Officer of The Coca-Cola Company said, “Despite challenging macroeconomic conditions, structural changes and foreign exchange headwinds which contributed to a 5% decline in reported revenues, we delivered 3% organic revenue growth, gained value share in total nonalcoholic ready-to-drink beverages, expanded our operating margins and grew profits in line with our expectations.  Strong performance in some of our largest and most de... Read More »

Coca-Cola Goes for Gold in Rio 2016 Olympic Games with Global #ThatsGold Campaign


As the clock ticks down to the Opening Ceremony of the Rio 2016 Olympic Games, Coca-Cola has its eyes set on celebrating gold – but not just the gold found on top of the world’s most elite podium. In the 88th year of this special partnership, Coca-Cola will celebrate with fans across the world the gold feeling that comes from accomplishing something great, however simple, in an everyday moment. “While the gold medal is an icon of sporting success, Coca-Cola believes that gold moments can happen far beyond the podium. They can happen every da... Read More »

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