Coca Cola Beverages Gets Approval to Acquire Fairy Bottling Limited
Coca-Cola Beverages Africa has just announced that they have received regulatory approval to acquire Fairy Bottling Limited.
Fairy Bottling produces Aqua Savana and Super Maheu (fermented maize beverage) as well asother soft drinks trademarks.
With this agreement CCBA has acquired the production facility in Lusaka and the sales and distribution infrastructure.
This follows the recent acquisition by CCBA of Kalundu Beverages Limited, trading as Coca-Cola Beverages Zambia (CCBZ).
Norton Kingwill, managing director for CCBA’s Southern Africa region made this statement:
“We believe that the acquisition of Fairy Bottling allows us to achieve greater efficiencies which ultimately means better value for consumers and improved service to customers,”
Mr. Kingwill confirmed that “the operations of Fairy Bottling will continue as normal and all employees will remain with Fairy after transfer”.