Coca-Cola Içecek

Background

Updated: 1st December 2008

Coca-Cola Içecek is a listed company on the Istanbul Stock Exchange. Its business is to produce, sell and distribute carbonated soft drinks and non-carbonated beverages, primarily brands of The Coca-Cola Company, in Turkey, Kazakhstan, Azerbaijan, Jordan and Kyrgyzstan.

CCI also has a 33.3% interest in Turkmenistan Coca-Cola Bottlers Ltd., the Coca-Cola bottler in Turkmenistan.

In addition, CCI is a party to joint venture agreements that have the exclusive distribution rights for brands of The Coca-Cola Company in Iraq and Syria and has the option to become the sole Coca-Cola bottler in Iraq and Syria.

Coca-Cola was first produced, distributed and sold in Turkey in 1964, when The Coca-Cola Company awarded the first franchise to a company based in Istanbul, called IMSA,

Further Coke franchises were awarded to companies owned and managed by members of the Özgörkey family and the Has Group, which owned IMSA.

In 1988, The Coca-Cola Company set up a manufacturing firm in Turkey and six years later was operational in Turkey with two manufacturing and two distribution companies.

In 1996, The Coca-Cola Company formed a joint venture with Turkey’s Anadolu Group, which bought a 33.3% stake in the US soft drinks giant’s interests in Turkey. Two years later, the joint venture was expanded to encompass one manufacturing and two distribution companies owned by members of the Özgörkey family.

These companies have been restructured to form Coca-Cola Içecek.

Coca-Cola owns a 20% stake in CCI with Anadolu Group owning a 51% majority interest in the bottler.

Coca-Cola Içecek A.S.
Esensehir Mah. Erzincan Cad. No: 36, 34776
Ümraniye/Istanbul/Türkiye

T: +90 216 528 4000
F: +90 216 365 8457

Associated links:
http://www.cci.com.tr/English/aboutcci/default.asp