Profile: Coca-Cola Co (KO)
25 May 2017
The Coca-Cola Company, incorporated on September 5, 1919, is a beverage company. The Company owns or licenses and markets non-alcoholic beverage brands, primarily sparkling beverages and a range of still beverages, such as waters, flavored waters and enhanced waters, juices and juice drinks, ready-to-drink teas and coffees, sports drinks, dairy and energy drinks. The Company's segments include Europe, Middle East and Africa; Latin America; North America; Asia Pacific; Bottling Investments, and Corporate. The Company owns and markets a range of non-alcoholic sparkling beverage brands, including Coca-Cola, Diet Coke, Fanta and Sprite. As of December 31, 2016, the Company owned or licensed and marketed over 500 non-alcoholic beverage brands. The Company markets, manufactures and sells beverage concentrates, which are referred to as beverage bases, and syrups, including fountain syrups (concentrate business or concentrate operations), and finished sparkling and still beverages (finished product business or finished product operations). The Company makes its beverage products available to consumers across the world through its network of Company-owned or -controlled bottling and distribution operations, as well as bottling partners, distributors, wholesalers and retailers.
The Company's non-alcoholic beverage brands include Minute Maid, Aquarius, Diet Coke/Coca-Cola Light, Georgia, Minute Maid Pulpy, Gold Peak, Coca-Cola Zero, Powerade, Dasani, FUZE TEA, Fanta, Del Valle, Simply, Glaceau Smartwater, Sprite, Schweppes, Glaceau Vitaminwater and Ice Dew. In its concentrate operations, the Company sells concentrates and syrups to authorized bottling and canning operations (bottlers or its bottling partners). Its bottling partners either combine the concentrates with sweeteners (depending on the product), still water and/or sparkling water, or combine the syrups with sparkling water to produce finished beverages. The finished beverages are packaged in authorized containers, such as cans and refillable and non-refillable glass and plastic bottles, and are then sold to retailers directly or, through wholesalers or other bottlers. Outside the United States, the Company also sells concentrates for fountain beverages to its bottling partners.
The Company's finished product operations consist of Company-owned or -controlled bottling, sales and distribution operations, including Coca-Cola Refreshments (CCR) bottling and associated supply chain operations in the United States and Canada, and are included in its Bottling Investments operating segment. In addition, in the United States, the Company manufactures fountain syrups and sells them to fountain retailers, such as restaurants and convenience stores using fountain syrups to produce beverages for immediate consumption, or to authorized fountain wholesalers or bottling partners reselling the fountain syrups to fountain retailers. These fountain syrup sales are included in its North America operating segment. Its finished product operations include selling of sparkling beverages and a range of still beverages, such as juices and juice drinks, energy and sports drinks, ready-to-drink teas and coffees, and certain water products, to retailers or to distributors, wholesalers and bottling partners distributing them to retailers.
The Company and certain of its bottlers distribute certain brands of Monster Beverage Corporation (Monster), primarily Monster Energy, in designated territories in the United States, Canada and other international territories. The Company produces and/or distributes certain third-party brands, including brands owned by Dr Pepper Snapple Group, Inc., which it produces and distributes in designated territories in the United States and Canada. It has a joint venture with Nestle S.A. named Beverage Partners Worldwide (BPW), which markets and distributes Nestea products in Europe and Canada. It holds interest in certain territories to brands produced and distributed by Aujan Industries Company J.S.C. (Aujan), including Rani, a juice brand, and Barbican, a flavored malt beverage brand.
The Company competes with PepsiCo, Inc., Nestle S.A., Dr Pepper Snapple Group, Inc., Groupe Danone, Mondelez International, Inc., The Kraft Heinz Company, Suntory Beverage & Food Limited and Unilever.
1 Coca Cola Plz NW
ATLANTA GA 30313-2420
Company Web Links
- BRIEF-Coca-Cola signs letter of intent for bottling territory in Northeast
- 'Food revolution': megabrands turn to small start-ups for big ideas
- INSIGHT-'Food revolution': megabrands turn to small start-ups for big ideas
- Fitch Rates Coca-Cola's Issuance 'A+'; Outlook Negative
- BRIEF-The Coca-Cola company announces cash tender offer and consent solicitation