Coca-Cola Thai bottler expanding into Laos

Thu Nov 29, 2012 9:12am EST

Nov 29 (Reuters) - ThaiNamthip Ltd, a Coca-Cola Co bottler in Thailand, said on Thursday that it is forming a joint venture with Laos-based PT Construction Co, to bottle and distribute drinks like Fanta, Sprite and Minute Maid in Laos.

The venture, named Lao Coca-Cola Bottling Co Ltd, will have an initial investment capital of $40 million over five years. The Thai bottler will hold 70 percent of the venture, and PT Construction, the remaining 30 percent.

Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.