Coca-Cola venture buys into distributor in Lebanon
ACCBC says it has acquired a majority stake in National Beverage Co, a maker and distributor of Coca-Cola and other drinks in Lebanon
Aujan Coca-Cola Beverages Co (ACCBC), a venture between Coca-Cola Co and Saudi Arabia's Aujan Industries, said it had acquired a majority stake in National Beverage Co, a maker and distributor of Coca-Cola and other drinks in Lebanon.
ACCBC bought the stake from Lebanon's Transmed, a consumer products distributor, which will continue to own part of National Beverage Co, the company said on Monday. Terms of the deal weren't disclosed.
Also Read
-
The Coca-Cola cover up: Egypt police van ‘disguised’
Video: The disguised police truck, usually used for transporting prisoners, was coated in the soft drink company’s trademark red Variety -
Always Coca Cola? UK diet soda addict raises concerns in Mideast
Diet Coke and regular Coke have a lot of phosphoric acid which can affect the calcium and the bones Healthy Living -
The Copa Coca-Cola Cup in Egypt
The opening was attended by legendary Brazilian football star Pele who is in Egypt to launch the tournament, which will produce a winning team that ... Perspective
