What is the bottling investment group?
The Bottling Investments Group, or BIG, is divesting a lot of its bottling plants and refranchising its North American bottlers. Instead, it was created to make Coca-Cola’s bottling partners more effective.
What is Coke bottling investment?
INVESTING IN THE COCA-COLA EMPIRE On the UK stock market are two bottling partners, Coca-Cola HBC (CCH) and Coca-Cola European Partners (CCEP). These companies use the concentrates and syrups to make, package and distribute the finished soft drinks to customers, who then sell Coke to consumers.
Does Coca-Cola own its bottling plants?
The Coca‑Cola Company does not own, manage or control most local bottling companies. In our concentrate operations, The Coca-Cola Company typically generates net operating revenues by selling concentrates and syrups to authorized bottling partners.
What are Coke segments?
The Coca-Cola Company’s operational structure includes four geographic operating segments: Europe, Middle East & Africa; Latin America; North America; and Asia Pacific. The company reporting structure also includes the non-geographic segments of Global Ventures and Bottling Investments Group (BIG).
How does KO make money?
Coca-Cola neither completes nor bottles the majority of its products. The company generates revenue by selling concentrates and syrups to bottling facilities globally and by selling finished products to retailers and other distributors. Coca-Cola has four geographic and two non-geographic business segments.
Why is it named Coca-Cola?
Coca-Cola was invented in 1885 by John Pemberton, a pharmacist from Atlanta, Georgia, who concocted the original formula in his backyard. Pemberton’s recipe contained cocaine—in the form of an extract of the coca leaf, which inspired the “Coca” part of the beverage’s name.
What are bottling partners?
A bottling company is a commercial enterprise whose output is the bottling of beverages for distribution. Many bottling companies are franchisees of corporations such as Coca-Cola and PepsiCo who distribute the beverage in a specific geographic region.
How many bottling plants does Coke have?
Coca-Cola and its nearly 225 independent bottling partners employ more than 700,000 people, helping bring economic opportunity to local communities worldwide.
What is Bottling Investments Group (BIG)?
Bottling Investments Group is a division of The Coca‑Cola Company dedicated to investing in Coca‑Cola bottling operations around the world. BIG provides leadership to drive growth in critical markets, provides venture capital to move quickly, and often amends structural or ownership challenges.
Where can I find the Corporate Responsibility Reports of your bottling partners?
Many of our bottling partners produce their own corporate responsibility reports which can be viewed in the Sustainability Reports section. Bottling Investments Group is a division of The Coca‑Cola Company dedicated to investing in Coca‑Cola bottling operations around the world.
Where are big’s bottlers located?
Our current footprint of bottlers exists in South East and South West Asia and parts of Africa. We continue to drive strong performance within BIG while maximizing the returns on our investments.
Why did Coca-Cola support the consolidation of its bottlers?
Coca-Cola has supported the consolidation occurring among its bottlers. That’s because having many small independent bottlers created several macro and microeconomic challenges for the company. Smaller independent bottlers often lack the financial assets to continue operations and fund investments when they’re faced with economic hurdles.