Jubilant Bhartia Group Acquires 40% Stake In Hindustan Coca-Cola Holdings
Jubilant Coca Cola Deal: The Jubilant Bhartia Group has completed the acquisition of a 40 per cent equity stake in Hindustan Coca-Cola Holdings Private Limited (HCCH) for Rs 1,17,04,40,00,000 on Tuesday, marking a significant development in the Indian beverages and FMCG space.
In a regulatory filing with the stock exchanges under Regulation 51 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company confirmed the closure of the deal.
With this strategic investment, the Jubilant Bhartia Group becomes a key stakeholder in HCCH, which is the holding company of Hindustan Coca-Cola Beverages Pvt. Ltd (HCCB), the bottling and distribution arm of Coca-Cola in India. The move is expected to bolster the group's presence in the non-alcoholic beverages sector and open new avenues for growth and collaboration in the fast-moving beverage segment.
Jubilant Bhartia X Hindustan Coca-Cola Beverages
Jubilant Bhartia Group had announced in December that it had entered into a definitive agreement to acquire a 40 per cent equity interest in HCCH through Jubilant Beverages. The deal had received approval from the Competition Commission of India on May 1, 2025.
In India, The Coca-Cola Co. bottles products such as Thums-Up, Sprite, Fanta, Limca and flagship brand Coca-Cola through subsidiary HCCB, as well as a set of independent bottling companies. Jubilant Bhartia Group has now acquired 40 per cent in Hindustan Coca-Cola Holdings, the parent of HCCB, through Jubilant Beverages Ltd. HCCB operates 13 factories, serving 236 districts across 12 states in India's south and west.
HCCH is the parent company of HCCB, the largest Coca‐Cola bottler in India.
The Jubilant Bhartia Group, which started out as a drugs and chemicals company, has since branched into contract research and development services, agricultural products, performance polymers, and food services. Jubilant FoodWorks Ltd is India's largest food services company, and holds exclusive rights to develop and operate Domino's Pizza in India, Sri Lanka, Bangladesh, and Nepal.
view comments
First Published:
July 22, 2025, 22:24 IST
Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Hans India
22 minutes ago
- Hans India
AP fast emerging as best investment destination: CM
Singapore: Chief Minister Chandrababu Naidu, who chose to go to Singapore professedly to rebuild ties that he believes had strained under the previous administration, has positioned the state as a burgeoning investment destination, citing abundant opportunities in key sectors like ports and green energy. During his ongoing official visit to Singapore, he affirmed that the state was actively implementing progressive policies designed to attract Singaporean enterprises. On Sunday, Chief Minister Naidu met with Shilpak Ambule, the Indian High Commissioner to Singapore, with whom the discussions centered on strengthening economic ties and exploring investment avenues. High Commissioner Ambule underscored the significant recognition and respect the 'CBN Brand' commanded within Singapore's government and industrial sectors. Chief Minister Naidu, recalling the earlier collaboration on the Amaravati capital city project, acknowledged Singapore's withdrawal between 2019 and 2024 due to unforeseen developments. He stated that a key objective of his current visit was to address past misunderstandings and rebuild the narrative through renewed engagement. The Chief Minister detailed Andhra Pradesh's newly introduced investment policies, reiterating the state's ambitious goal of achieving 160 gigawatt of green energy generation. He informed the High Commissioner that green hydrogen projects are already underway in Visakhapatnam (in partnership with NTPC) and Kakinada. Solidifying the state's technological aspirations, CM Naidu announced that Andhra Pradesh was set to establish India's first-ever Quantum Valley in Amaravati under the India Quantum Mission. He also confirmed that global tech giant Google was setting up a data center in Visakhapatnam. Highlighting the state's industrial potential, CM Naidu pointed out that regions like Rayalaseema offered highly conducive conditions for the establishment of defence, aerospace, electronics, and automobile manufacturing units. He expressed his view that Andhra Pradesh could serve as a strategic gateway for Singaporean investments into India and sought support to facilitate this. High Commissioner Ambule also noted that 83% of Singapore's population benefited from public housing projects. In response, Minister P. Narayana provided an overview of Andhra Pradesh's housing initiatives. The meeting also focused on collaboration in fields such as Artificial Intelligence, startups, medical device research, and academic partnerships between universities in Andhra Pradesh and Singapore. Ministers Nara Lokesh and TG Bharat, along with senior government officials from Andhra Pradesh, were present during the discussions.
Indian Express
22 minutes ago
- Indian Express
Express View on trade pacts and agriculture: Carry forward the momentum
Now that the India-UK Comprehensive Economic and Trade Agreement (CETA) has been sealed, the focus shifts to the more challenging deal with the US. A major stumbling block to inking even an interim free trade agreement before US President Donald Trump's August 1 deadline — to either sign or face so-called reciprocal tariffs of up to 26 per cent — is agriculture. India does not want to open up its market for American soyabean, corn (maize), ethanol and dairy products. What this defensive stance misses is the potential loss from the fact that India's agricultural exports to the US, at $6.2 billion in 2024, exceeded its imports of $2.4 billion. A 26 per cent tariff will definitely hurt Indian seafood exports to the US that alone was valued at $2.5 billion. That loss would be a gain for the likes of Ecuador and Chile, slapped with only the 10 per cent baseline tariff. On the other hand, the fear of US farm imports is more about perception than reality. Take dairy, where the US isn't as big an exporter of milk powder, butter and cheese as New Zealand and the European Union. Or soyabean, where India imported over $5 billion worth of its oil during 2024-25. The bulk of that was from Argentina and Brazil, with the US share at just $126.3 million. The US is, no doubt, cost competitive in corn and the world's biggest producer as well as exporter. But corn is basically a feed grain, also increasingly being used as a biofuel feedstock. Allowing imports would benefit India's dairy and poultry farmers grappling with rising feed costs, aggravated by the diversion of corn for fuel ethanol production. The sheer demand growth makes corn imports by India inevitable, whether from the US or elsewhere. India needs a farm trade policy based not on import protection, but expanding and diversifying its exports. That happened during 2003-04 to 2013-14, when the country's agriculture exports soared from $7.5 billion to $43.3 billion and new markets were created in products from basmati rice and buffalo meat to frozen shrimps, guar gum meal, chilly and seed spices. Since then, exports have hardly grown to about $52 billion in 2024-25. Even worse have been shipment curbs — on rice, wheat, sugar or onion — clamped at the slightest indication of domestic supply shortfalls. CETA has been a refreshing departure, with India successfully negotiating duty-free access for its exports of seafood, processed foods, spices, fruit and vegetables to the UK, while simultaneously offering to cut tariffs on imports of whisky, chocolates, soft drinks and salmon from the latter. A similar confident approach of export proactiveness rather than import defensiveness is required in deals with other countries — the US included.
Time of India
22 minutes ago
- Time of India
Pharma Stocks in Focus: Torrent Pharma Breaks Out, Accumulate on Dips Says Ajit Mishra
'We are witnessing rotational participation in the pharma space, with the majority of stocks trading positively. Torrent Pharma stands out as one of the top performers. Traders can buy for a target of Rs 3950 in the next 1-2 months,' Ajit Mishra – SVP, Research, Religare Broking Ltd, said. Show more Show less
