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January 13, 2022

Coca-Cola HBC closes majority stake buy in Coca-Cola Bottling Co of Egypt

By Andy Morton

Coca-Cola HBC has completed the purchase of a majority holding in North African beverage giant Coca-Cola Bottling Co of Egypt. The acquisition, first announced in August, provides CCHBC with a sizable boost to its footprint in Africa, where the company already operates in Nigeria. The deal also makes CCHBC a growing force on the continent…

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