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The future is set by what we decide and act on today. I believe this restructure will create greater value for shareholders and society. The China transaction remains subject to regulatory approvals from relevant government authorities. Until the transaction closes, all bottling plants and customer relationships will continue to operate as normal under current bottling ownership. Through the world's largest beverage distribution system, we are the No. More than 1. With an enduring commitment to building sustainable communities, our company is focused on initiatives that reduce our environmental footprint, create a safe, inclusive work environment for our associates, and enhance the economic development of the communities where we operate. Together with our bottling partners, we rank among the world's top 10 private employers with more than , system associates. For more information, visit www. We have more than 15 brands and offer over 50 beverage choices to Chinese consumers, who enjoy million servings across the country every single day. For more information, please visit www. And the scale effect, regional synergy and cost optimization that the new initiative brings will certainly boost Coca-Cola and its partners to achieve a new leap forward in China. We remain very optimistic about the long-term growth prospects for our beverages business in China, and we are convinced that this realignment will optimize the Coca-Cola system, accelerating growth and enabling us to win in the market. Swire Beverages has been a strategic partner with Coca-Cola for over 50 years. This realignment is testament to our commitment to our long-term strategic relationship with The Coca-Cola Company. The Coca-Cola Company NYSE: KO is the world's largest beverage company, refreshing consumers with more than sparkling and still brands and more than 3, beverage choices. Coca-Cola is one of the most well-known international brands in China. At the same time, Coca-Cola and its bottlers have been actively supporting educational and philanthropic causes, promoting environmental protection, and contributing to the development of local communities, with a total contribution of over RMB million. Related Content. Read More.
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Key bottler eager to expand in Southeast Asia; group touts overall profit surge. A worker loads Coca-Cola drinks from a truck in Beijing. Swire Pacific, one of the major bottlers in greater China and Southeast Asia, faces a 'challenging' business environment in mainland China. She cited the slow economic recovery from the COVID pandemic, coupled with a difficult external environment, and said the situation may not turn around this year. Consumer Swire's Coca-Cola business in China remains 'challenging' Key bottler eager to expand in Southeast Asia; group touts overall profit surge. March 14, JST. Read Next. Business deals. Latest on Consumer. Sponsored Content.
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