PHILIPPINES - Coca-Cola Europacific Partners (CCEP) has announced its intention to acquire Coca-Cola Beverages Philippines Inc. (CCBPI) for US$1.8 billion, a landmark deal that could reshape the beverage industry landscape in the Philippines. The proposed acquisition, which was revealed through a joint statement by both companies, comes as part of CCEP's strategic expansion plans in...
CCBPI is a Philippines-based bottling company that manufactures, packages, and distributes Coca-Cola products such as soft drinks, fruit concentrates, and powdered beverages.