Profile: Coca-Cola Co (KO.N)
9 Dec 2016
The Coca-Cola Company, incorporated on September 5, 1919, is a beverage company. The Company owns or licenses and markets over 500 nonalcoholic beverage brands, primarily sparkling beverages but also a range of still beverages, such as waters, enhanced waters, juices and juice drinks, ready-to-drink teas and coffees, and energy and sports drinks. The Company's segments include Eurasia and Africa, Europe, Latin America, North America, Asia Pacific, Bottling Investments and Corporate. The Company owns and markets a range of nonalcoholic sparkling beverage brands, including Coca-Cola, Diet Coke, Fanta and Sprite. 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 independent bottling partners, distributors, wholesalers and retailers.
The Company's nonalcoholic beverage brands include Coca-Cola, Minute Maid, Aquarius, Bonaqua/Bonaqa, 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 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 nonrefillable 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). The Company's Company-owned or -controlled bottling, sales and distribution operations, other than CCR, are included in its Bottling Investments operating segment. CCR is included in its North America operating segment. Its finished product operations generate net revenues by selling 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, who distribute them to retailers. In addition, in the United States, the Company manufactures fountain syrups and sells them to fountain retailers, such as restaurants and convenience stores, who use the fountain syrups to produce beverages for immediate consumption, or to authorized fountain wholesalers or bottling partners, who resell the fountain syrups to fountain retailers. In the United States, it authorizes wholesalers to resell its fountain syrups through nonexclusive appointments.
The Company and certain of its bottlers distribute certain brands of Monster Beverage Corporation (Monster), primarily Monster Energy, which it distributes in designated territories in the United States, Canada and other international territories. The Company also produces and 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., Kraft Foods Group, Inc., Suntory Beverage & Food Limited and Unilever.
1 Coca Cola Plz NW
ATLANTA GA 30313-2420
Company Web Links
- Coke CEO Muhtar Kent hands reins to Quincey in widely expected move |
- Coca-Cola opens new $100 million plant in Cambodia
- Swire Pacific in talks to buy Coca-Cola bottling assets in China: Bloomberg
- Swire Pacific in talks to buy Coca-Cola bottling assets in China - Bloomberg
- BRIEF-Swire near deal for $1 billion Coke bottling operations - Bloomberg, citing sources