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Coca-Cola PH plan to divest bottling plant, a long term plan

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Cathy Yang, ABS-CBN News

<div class="embed-wrap"><figure data-feedback="fb:likes,fb:comments"><img src="http://sa.kapamilya.com/absnews/abscbnnews/media/2019/business/08/28/coca-cola_1.jpg"/><figcaption>Coca-Cola products are shown in the company&#x27;s Philippines&#x27; office. <em>ABS-CBN News</em></figcaption></figure></div><p>MANILA -- Coca-Cola is looking to divest its bottling operations in the Philippines as part of its long-term push worldwide to focus on its core marketing business, its country manager said Wednesday.</p><p>While there are no immediate plans to sell the 51-percent stake previously held by Meixco&#x27;s FEMSA, focusing on it its core business aligns with the rest of the world, Coca-Cola Philippines President and General Manager Winn Everhart said.</p><p>Coca-Cola Philippines has been handling both bottling and marketing of Coke products since FEMSA sold back its 51-percent stake last year.</p><blockquote class="instagram-media" 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<p>While there are no immediate plans 51-percent stake previously held by Meixco's FEMSA, focusing on it its core business aligns with the rest of the world, Coca-Cola Philippines President and General Manager Winn Everhart said.</p>

While there are no immediate plans 51-percent stake previously held by Meixco's FEMSA, focusing on it its core business aligns with the rest of the world, Coca-Cola Philippines President and General Manager Winn Everhart said.

Coca-Cola PH plan to divest bottling plant, a long term plan

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Coca-Cola PH plan to divest bottling plant, a long term plan

Cathy Yang,

ABS-CBN News

Published Aug 28, 2019 02:59 PM PHT

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Updated Aug 28, 2019 03:42 PM PHT

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