Jubilant FoodWorks Coca Cola Deal
On May 1, 2025, the CCI greenlit Jubilant Beverages’ acquisition of a 40% stake in Hindustan Coca-Cola Holdings, valued at Rs 12,500 crore.
This strategic move by Jubilant Bhartia Group, parent of Jubilant FoodWorks, enhances its foothold in India’s beverage sector.
Hindustan Coca-Cola Beverages, Coca-Cola’s key bottler, posted Rs 14,021 crore revenue in FY24.
The deal supports Coca-Cola’s asset-light model and complements Jubilant’s portfolio, including Domino’s and Popeyes, promising synergies in consumer goods.
Read More at News18
