🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥
✕
Login
Home
News
Messages
Startup Showcase
Trackers
Premium
Premium Content
Jobs
Notifications
Settings
Try our Valuation Calculator →
Log In
News on Medial
Coca-Cola sells 40% stake in HCCB to Jubilant Bhartia Group | Company Business News
Livemint
·
7m ago
Medial
India's Jubilant Bhartia Group is set to acquire a 40% stake in Hindustan Coca-Cola Holdings, the parent company of Hindustan Coca-Cola Beverages, the country's largest Coca-Cola bottler. The deal, valued at between INR120 billion ($1.6bn) and INR125 billion, is part of Coca-Cola's long-term strategy to find a partner with expertise in running businesses in India. The ultimate goal is to take the bottling business public. Jubilant Bhartia Group operates various businesses including contract research and development services, agricultural products and food services. The acquisition is expected to heighten competition in India's beverage packaging industry.
View Source
Related News
Coca-Cola may cut stake in bottling arm; PE firms eye Indus Towers
VCCircle
·
1y ago
Medial
Coca-Cola India is reportedly discussing the sale of a minority stake in its bottling unit, Hindustan Coca-Cola Beverages (HCCB), with four prominent Indian business families. The potential buyers include the Bhartia family of Jubilant Group and the Burmans of Dabur. Coca-Cola is looking to reduce its stake in HCCB and seek partnerships with local investors. This move comes as private equity firms show interest in investing in Indus Towers, a telecom company that recently merged with Bharti Infratel.
View Source
Grapevine: Coca-Cola gets suitors for India arm; Infra.Market picks banks for IPO
VCCircle
·
11m ago
Medial
Coca-Cola's India bottling arm, Hindustan Coca-Cola Beverages (HCCB), is reportedly in talks with the Burman family of Dabur and the Bhartias, promoters of Jubilant Group, for a possible acquisition. The deal would entail the acquisition of a 40% stake in HCCB for an estimated value of Rs 10,800-12,000 crore ($1.3-1.4 billion), valuing the company at Rs 27,000-30,000 crore ($3.21-3.61 billion). The negotiations are still ongoing, and no final agreement has been reached at this stage.
View Source
Jubilant Bhartia Group roping in offshore investor for Coca-Cola India deal
VCCircle
·
5m ago
Medial
Jubilant Bhartia Group is involving an offshore investment management firm as a co-investor to finalize acquiring a minority stake in Coca-Cola India’s largest bottler. This strategic move follows an agreement between Jubilant and Coca-Cola made in December. By partnering with an offshore entity, Jubilant aims to strengthen its position in the transaction, highlighting its commitment to expanding its presence in the beverage industry within India.
View Source
Jubilant promoters eye Rs 2,000 crore via stake sales for Hindustan Coca-Cola Beverages deal
Economic Times
·
1m ago
Medial
Jubilant Bhartia Group promoters plan to sell minority stakes in their companies to raise Rs 2,000 crore for acquiring a 40% stake in Hindustan Coca-Cola Beverages. This move complements a $600 million funding from Goldman Sachs. The acquisition is valued at Rs 31,250 crore. Proceeds from the sale will involve stakes in various Jubilant companies. The financing also includes equity infusion and debt. Jubilant is poised to synergize its food and beverage ventures post-acquisition.
View Source
Grapevine: Jubilant Group, Goldman Sachs, HDFC, Zetwerk, and LG Electronics in news
VCCircle
·
8m ago
Medial
The Bhartia family is reportedly in talks with an investment bank to acquire a stake in Hindustan Coca-Cola Beverages. HDFC Bank is planning to sell some commercial properties it inherited from its merger with HDFC. Additionally, Zetwerk, which is backed by Peak XV, is considering fundraising options. This news involves several prominent companies including Jubilant Group, Goldman Sachs, HDFC, Zetwerk, and LG Electronics.
View Source
Mint Explainer: Inside the lucrative world of soft-drink bottling manufacturers
Livemint
·
10m ago
Medial
Coca-Cola India is considering listing its wholly owned bottling subsidiary, Hindustan Coca-Cola Beverages (HCCB). The move is seen as part of a trend among consumer giants to spin off units, optimise balance sheets, and focus on core brands and business models. Listing the bottling subsidiary would enable Coca-Cola to reduce exposure to risks associated with fluctuations in raw materials, regulatory changes, and local market conditions. It would also provide liquidity for the bottler and potentially offer tax benefits. Other multinational companies, such as Whirlpool, Timken, and BAT, are also exploring similar strategies.
View Source
Coca-Cola bottler SLMG appoints new CEO
Thehindubusinessline
·
1y ago
Medial
Coca-Cola bottler SLMG Group has appointed Costin Mandrea as its CEO. Mandrea, who has more than 25 years of experience in the beverage industry, previously held roles at Coca-Cola Hellenic and Coca-Cola Bottlers Japan Inc. SLMG Group chairman S N Ladhani expressed confidence in Mandrea's leadership abilities, stating that he is well-suited to lead the company's expansion efforts. Mandrea said he is eager to work with the team and use his experience to drive innovation and growth for the company.
View Source
Hindustan Coca-Cola Beverages promises ₹3000 crore investment in Gujarat
Livemint
·
1y ago
Medial
Hindustan Coca-Cola Beverages (HCCB) has pledged to invest ₹3,000 crore in Gujarat, India. The investment will be used to establish a new facility in Rajkot for producing juice and aerated drinks. This move will further strengthen HCCB's presence in Gujarat, joining its existing facilities in Goblej and Sanand. The facility is expected to start operating in 2026 and will increase HCCB's employee strength in the state to over 1,500. HCCB currently operates in 22 states and three union territories in India, serving millions of retailers and distributors.
View Source
Meesho appoints three independent directors
Entrackr
·
1y ago
Medial
E-commerce firm Meesho has appointed Jubilant Bhartia Group founder Hari S Bhartia along with three other seasoned business leaders as independent directors. Along with Bhartia, Meesho has onboarded former JP Morgan Chairman Kalpana Morparia and PhonePe non-executive Chairman Rohit Bhagat to its board of independent directors. Bhartia is also the co-chairman of Jubilant Ingrevia Ltd and Jubilant FoodWorks Ltd, the master franchisee of Domino’s Pizza and Dunkin’ Donuts restaurants in India. Before serving JP Morgan, Morparia was at ICICI Bank. In May, Meesho appointed Surojit Chatterjee as an independent director to its board. The development comes at a time when Meesho is in the process of moving its domicile to India from the US. Meesho recently announced an employee stock ownership plan (ESOP) buyback program of Rs 200 crore (approximately $25 million), making it the company’s largest ESOP buyback pool to date.
View Source
Grapevine: Coca-Cola, Avendus, Tata Capital, Apollo Hospitals, and 91Trucks in news
VCCircle
·
5m ago
Medial
Coca-Cola India sold its north Gujarat bottling operations to Kandhari Global Beverages Group for nearly Rs 2,000 crore. This move aligns with Coca-Cola's asset-light strategy, aiming to transfer regulatory compliance to independent bottlers and local businesses. The sale reflects a strategic shift in business operations, focusing on efficiency and local partnerships. The deal underscores the company's ongoing efforts to streamline operations and enhance its market presence through asset minimization.
View Source
Trackers
Active Indian VC’s
OG Capital
Email
With a hands-on approach, OG Capital aims to invest in over 20 promising...
Accel Partners
Email
Early and growth-stage investments in disruptive technology companies with...
Blume
Email
Early-stage venture capital firm investing in technology startups in India. Focus on...
Access All Trackers
Startup Showcase Winners
June 2025
Buddy
Helping your parents when you are miles away
BiteStop
The Pit Stop Your Cravings Deserve
Bloomer
The next generation E-commerce platform
Enter Ongoing Startup Showcase
Top Users
Trending News on Medial
Download the medial app to read full posts, comements and news.
Go to Medial App
Not Now
Know everything that’s happening in the startup ecosystem, first.
Enable Notifications?
No, thanks
Count me in
