Africa’s largest Coca-Cola bottler, Coca-Cola Beverages Africa has announced that it has received the requisite regulatory approval to acquire Fairy Bottling Zambia Limited and will commence its first day of operations effective, 4 February 2019.
Fairy Bottling produces Aqua Savana and Super Maheu (fermented maize beverage) as well asother soft drinks trademarks.
With this agreement CCBA has acquired the production facility in Lusaka and the sales and distribution infrastructure.
This follows the recent acquisition by CCBA of Kalundu Beverages Limited, trading as Coca-Cola Beverages Zambia (CCBZ).
By combining the current sparkling soft drinks business of CCBA in Zambia with the state of the art production and distribution capability existing at Fairy, CCBA will be a more cost-effective operator in Zambia.
“We believe that the acquisition of Fairy Bottling allows us to achieve greater efficiencies which ultimately means better value for consumers and improved service to customers,” said Norton Kingwill, the managing director for CCBA’s Southern Africa region which includes Namibia, Botswana and Zambia.
Mr. Kingwill confirmed that “the operations of Fairy Bottling will continue as normal and all employees will remain with Fairy after transfer”.
CCBA bottles and distributes beverages whose trademarks are owned by The Coca-Cola Company (TCCC) or TCCC’s affiliated entities and is the world’s 8th largest Coca-Cola bottler by revenue.
Including this most recent Zambian acquisition, CCBA now has over 16 000 employees across its operations in Africa with more than 30 bottling plants in 12 countries.
The creation of CCBA in 2016 was designed toadvance a consolidated, more successful Coca-Cola system on the continent, and now also in Zambia. CCBA aims to create more shared opportunities for the business, the local economy and communities served across the value-chain, including local suppliers and retailers.
This is according to a statement issued by Coca-Cola Beverages Zambia Director of Communications Herbert Nuwamanya.
Coca Cola used to be in Zambia. Their plant was in Kitwe near KMB
Africa’s largest Coca-Cola bottler, Coca-Cola Beverages Africa??????????????
What is ZCTU doing, the’ Congress of South Africa Trade Unions (COSATU) will stage a solidarity march with the Zimbabwe Congress of Trade Unions on Wednesday.
“The protest comes as Trade Unions in South Africa, Nigeria and Botswana are standing in solidarity with workers and Trade Unionists in Zimbabwe who are being persecuted, incarcerated, beaten and tortured by the State.” COSATU said.
COSATU is demanding a release of Trade Union leaders in Zimbabwe and has affirmed its support for demands by the ZCTU.
Meanwhile the UNI Africa Regional Secretary Keith Jacobs condemned the fierce violence in Zimbabwe and called for the immediate release of ZCTU General Secretary Japhet Moyo.
“Japhet Moyo is no terrorist,” said UNI Africa Regional Secretary Keith Jacobs. “All that Japhet wants…
Continued
… “All that Japhet wants is economic prosperity and stability for the people and workers of Zimbabwe. We are calling on the Zimbabwe government to unconditionally release Japhet Moyo now.”
“We are outraged by this brutal crackdown by the government of Zimbabwe on its own people. When a government turns the security apparatus and guns on their own citizens, they no longer deserve power,” said Jacobs. “The situation in Zimbabwe is dire – trade union leaders are being arrested on trumped up charges or in hiding, and ordinary civilians are being attacked.”
“We will not stand by in silence whilst this violence continues and we offer our full solidarity and support to our Zimbabwean brothers and sisters.”
ZCTU ENDED WITH CHILUBA, THESE DAYS IT’S A LADDER TO CORRUPT POLITICS. THE ARE NO DIFFERENT FROM SADC THE TRADE UNION OF DICTATORS.
They are simply procuring to kill off competition…didn’t ZB or them sell off it bottling subsidiary.
Coca Cola Beverages Africa? LT makes misleading headlines they make it seem like Cocacola Africa headquarters are in Zambia when in fact their Africa headquarters are based in Nairobi,Kenya.