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The bottling arm of Coca-Cola, Hindustan Coca-Cola Beverages (HCCB), is reportedly reviving plans to sell its business. This comes as the valuation of the company is up again in the post-pandemic recovery. The operations could be split among several bottlers or go to a single company, according to The Economic Times.
The company began the process to sell the unit in 2019.
"Coca-Cola had begun the divestment process in end-2019, by selling off its bottling units in the north, which accounted for 10 per cent of its bottling operations. But plans to sell the remaining business were halted
The company began the process to sell the unit in 2019.
"Coca-Cola had begun the divestment process in end-2019, by selling off its bottling units in the north, which accounted for 10 per cent of its bottling operations. But plans to sell the remaining business were halted
