Coca-Cola Company

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Coca-Cola is an American manufacturer, retailer, and marketer of non-alcoholic beverage concentrates and syrups, best-known for its flagship product Coca-Cola.
The Coca-Cola Company operates a franchised distribution system, whereby it manufactures syrup concentrate which is sold to various "bottling partners" worldwide who hold exclusive territories. The bottlers add water and sweeteners, then sell, distribute, and merchandise the product.

Ethical Rating:[1]    Score: 2/20  (2018)

Corporate Political Engagement Rating:[2] Transparency International UK    D  

Climate Policy Rating:[3] InfluenceMap  B

Top 10 Plastic Polluters:[4] #BreakFreeFromPlastic

Brands

See also Our Brands

Waters & Sports Drinks

Juices & Juice Drinks

Soft Drinks

Coffees & Teas

Alcoholic Beverages

Foods

  • Goulburn Valley
  • IXL (own/SPC Ardmona)
  • SPC Ardmona (own)
  • Henry Jones & Co
  • Perfect Fruit
  • + SPC’s principal brands are Perfect Fruit, SPC ProVital and Taylor's.

Innocent Drinks

Dasani

Municipal tap water, filtered and bottled. Despite the use of "up to" (ie. between 0–30%) plant-based packaging,ref the bottles still represent 2,000 times the energy usage of tap water, and, although the initial inputs come from lower-carbon sources, the resulting plastic is chemically identical to regular plastic - a fact the company acknowledges.ref After PepsiCo's success with Aquafina, Coca-Cola launched Dasani in the UK in Feb.2004; but after a disastrous product launch fiasco,ref,ref, plus a suspected carcinogen being found,ref it was withdrawn.
However, the product is marketed in the Republic of Ireland, under the name Deep RiverRock. website, DasaniWikipedia-W.svg

Smartwater

Bottled water.

Relentless

Energy drink.

Sprite

ToDo: Pics

Powerade

Fanta

ToDo: Pics

Costa Coffee

Rainforest-Alliance-mark.svg

Costa Coffee asserts: "All of our coffee is 100% Rainforest Alliance certified, bringing healthcare, education and sustainable crops to our farmers, workers and their families ensuring their land is taken care of in the best possible way."ref

Company

Shareholders

Total Float: 60.4%
Source: MarketScreener.svg, Mar.2020

Timeline

  • Jan.2019: Coca-Cola announced it had agreed to acquire Costa from Whitbread plc;ref the acquisition was completed in Jan.2019.ref The sale was forced by Whitbread's largest shareholders Elliott Advisors and Sachem Head Capital Management, who figured there was more money to be made if Costa was a separate company.ref,ref
  • 2013: Zico acquired.ref
  • 2012: Fuze Tea acquired.
  • Mar.2011: Coffee Nation was acquired by Costa Ltd,ref which immediately set about re-branding all 800+ of its units as "Costa Express".ref
  • Feb.2010: coffeeheaven International plc was acquired by Costa Ltd, adding 79 stores in central and eastern Europe.ref
  • May.2007: Glacéau Vitamin Water was acquired from Energy Brands Inc.ref
  • 2007: Ayataka Green Tea acquired.
  • 2007: FUZE Beverages acquired; the deal included the rights to NOS energy drinks and Waterplus.ref
  • 2006: Gold Peak tea acquired.
  • 2002: BonAqua water acquired.
  • 2001: Simply line launched by Minute Maid Corporation.
  • 1999: Dasani acquired.
  • 1995: Costa Coffee was acquired by Whitbread plc.ref
  • 1985: Sergio bought out Bruno's share of the company.
  • 1975: Georgia Coffee acquired.
  • 1971: Founded in London by brothers Bruno and Sergio, as a wholesale operation.
  • 1960: Minute Maid Corporation, frozen concentrate drinks, acquired.
Sources: Costa Ltd Companies House. Accessed Nov.21.2018.

coffeeheaven International plc

  • Feb.2010: Costa Ltd acquired the company.(A/cs Mar.31.2010, p.2),A/cs Mar.04.2010, p.17
  • Oct.2004: Acquired a 19.9% stake in Coffee Nation Ltd Latvia, which had 7 coffee bars in Riga. The rest of the shares were acquired in Jun.2005.
  • Dec.2001: coffeeheaven was listed on the Alternative Investment Market of the London Stock Exchange.ref
  • Dec.1999: coffeeheaven was founded in Poland. Initially established as a subsidiary of Bakery Services plc, it was demerged and listed.(A/cs Mar.31.2005, p.6)
Sources: coffeehaven Factsheet. coffeeheaven. Original archived on Feb.21.2007.Coffeeheaven International Ltd Companies House. Accessed Nov.21.2018.

Coffee Nation Holdings Ltd

Re Milestone Capital Partners, see: link, link, DDG.

Ten Largest Bottlers

The Coca-Cola Company's "anchor bottlers" - its largest franchises - ..., but fully independent bottlers produce almost 50% of world sales.ref,ref, p.5

Coca-Cola European Partners plc

Coca-Cola-European-Partners.svg

Coca-Cola European Partners is the world’s largest independent Coca-Cola bottler, created in 2016 as a result of further consolidation of bottling companies.ref It operates across 13 countries. History, Reports

Shareholders (Total Float: 52.2%)
Sources: MarketScreener, Mar.2019

Coca-Cola HBC

Coca-Cola HBC (Coca-Cola Hellenic Bottling Company) is Coca-Cola's 3rd largest bottler, operating in 28 countries across 3 continents. Website, Brands, Reports, Coca-Cola Hellenic Bottling CompanyWikipedia-W.svg

Ownership (Total Float: 52.2%)
Sources: MarketScreener (Mar.2019), Shareholder structure Coca-Cola Hellenic Bottling Company. Accessed Mar.18.2019.

Coca-Cola Icecek AS

Coca-Cola İçecek AŞ is a Turkish company covering Turkey, the Middle East (Iraq, Jordan, Syria and Pakistan) and Central Asia (Kazakhstan, Azerbaijan, Kyrgyzstan, Turkmenistan and Tajikistan). The company also has an agreement with Schweppes Holdings Ltd for exclusive sale and distribution rights in Turkey, Kazakhstan and Jordan. website, Reports, Coca-Cola İçecekWikipedia-W.svg

Ownership (Total Float: 25.6%)
Sources: MarketScreener, Mar.2019

Coca-Cola Amatil

Coca-Cola Amatil (Coca-Cola Amatil (Aust) Pty Ltd) operates in the Asia-Pacific region, and is one of the world's 5 major Coca-Cola bottlers. CCA operates in 6 countries: Australia, New Zealand, Indonesia, Papua New Guinea, Fiji and Samoa. Coca-Cola AmatilWikipedia-W.svg, Website, , Brands, Reports, Paradise Beverages (Fiji) Ltd; Australian Bitters Company; Australian Beer Company (Yenda), SPC website

Ownership (Total Float: 68.3%)
Sources: MarketScreener, Mar.2019 ♦ Annual Report 2017 Coca-Cola Amatil. 2017
Timeline
  •  ??: Australian Beer Company, t/a Yenda: Joint venture with Casella Family Brands to form Australian Beer Company.
  • 2011: SABMiller acquired Foster's Group and full ownership of Pacific Beverages; in exchange, Foster's sold its Fiji and Samoa operations to Coca-Cola Amatil in 2012.
  • 2006-2011: Pacific Beverages: Joint venture with SABMiller to distribute its drinks in Australia.
  • Feb.2005: SPC Ardmona was acquired by Coca-Cola Amatil.ref
  • 2002: SPC Ardmona was formed by the merger of the Shepparton Preserving Company (SPC) and Ardmona.ref
  • Expansion into Asia continued, though Filipino bottling was eventually sold to San Miguel Brewery and parent The Coca-Cola Company.
  • Jun.1998: Coca-Cola Beverages plc: European operations were spun off into a new company.ref
  • 1992: The snack food operations were sold.
  • 1989: The company sold its WD & HO Wills tobacco division to British American Tobacco.ref
  • 1989: A majority stake was purchased by The Coca-Cola Company.
  • 1987: Expandied into Fiji and New Zealand.
  • 1982: It began to expand bottling operations overseas in Europe, purchasing a Coca-Cola bottling plant in Australia.
  • 1977: The company was renamed Amatil Ltd.
  • 1973: Renamed Allied Manufacturing and Trade Industries Ltd.
  • Soft drinks and snack foods gradually became the primary focus of the company.
  • 1972: The company was listed on the Australian Stock Exchange.
  • 1921: Ardmona opened.
  • 1964: First foray into soft drinks with the purchase of Coca-Cola Bottlers (Perth).
  • 1912: The Shepparton Preserving Company was incorporated as a public listed company.
  • 1904: The company's Australian origins date back to 1904 as the tobacco company British Tobacco (Australia).

Coca-Cola Bottling Co. Consolidated

Coca-Cola Consolidated is the largest Coca-Cola bottler in the USA, operating in the Southeast, Mid-Atlantic and Midwest regions. It also distributes products for various other beverage brands, including Dr Pepper, Sundrop and Monster Energy.
Shareholders (Total float: 35.8%)
Source: MarketScreener.svg, Mar.2020

Coca-Cola Bottlers Japan Holdings Inc

Coca-Cola Bottlers Japan Inc is a Japanese holding company, operating through its subsidiaries to bottle and distribute Coca-Cola products in Japan and manage networks of vending machines selling the beverages. website, Reports

Shareholders

Total float: 58.0%
Source: MarketScreener.svg, Mar.2020

Coca-Cola FEMSA SAB de CV

Coca-Cola FEMSA is a division of FEMSA (Fomento Económico Mexicano SAB de CV), a Mexican multinational beverage and retail company. Coca-Cola FEMSA has operations in 10 countries in Latin America and Asia, and is the largest independent Coca-Cola bottling group in the world. website, Reports, link
Ownership
Source: MarketScreener.svg, Mar.2019; Financial Stateements Coca-Cola FEMSA is a subsidiary of FEMSA. Outstanding capital stock consists of 3 classes of securities: Series A shares (~48% of stock) held by FEMSA, Series D shares (~28% of stock) held by The Coca-Cola Company, and Series L shares (~24% of stock) held by the public. Coca-Cola FEMSA, page 18. Dec.31.2018

Arca Continental SAB de CV

Arca Continental is a Mexican beverage manufacturing and distribution company. It is the 2nd-largest Coca-Cola bottler in Latin America, and one of the largest in the world. Its Coca-Cola franchise territories span northern and western Mexico, Ecuador, Peru, northern Argentina and southwestern USA. The company is listed on the Mexican Stock Market under the ticker symbol "AC". website, Arca ContinentalWikipedia-W.svg
Ownership (Total Float: 22.0%)
Source: MarketScreener.svg, Mar.2020

Swire Beverages

Swire-Pacific.svg
Swire Beverages Ltd, a core business of the Swire Group, manufactures, markets and distributes Coca-Cola Company products in Hong Kong, Taiwan, 11 provinces and the Shanghai Municipality in Mainland China, plus an extensive area of the western USA. Swire Beverages Ltd is one of the largest Coca-Cola bottlers in the world, and works closely with The Coca-Cola Company on brand development and marketing. Beverages, Swire Pacific

Embotelladora Andina SA

Coca-Cola Andina, formally "Embotelladora Andina SA", is headquartered in Chile, with operations covering Chile, Argentina, Paraguay and Brazil. website, History, Wikipedia-W.svg

Ownership
  • 50.5%: Controlling Group, composed of 5 Chilean families with equal ownership interests: the Chadwick Claro, Garcés Silva, Hurtado Berger, Said Handal and Said Somavía families.ref,ref
  • 24.8%: Atros (?)
  • 14.7%: Flag-USA.svg Coca-Cola Company
  • 6.6%: American Depositary Receipts
  • 3.4%: AFPs (?)

Total Float: 54.6%
Source: MarketScreener.svg, Mar.2020; Company Ownership Coca-Cola Andina.

Articles

  • Sept.01.2018: What’s hot and what’s not in Coca-Cola’s drinks cabinet. The acquisition of Britain’s largest coffee chain, the biggest brand buyout in the history of Coca-Cola, is a signal of the drinks giant “evolving”, chief executive James Quincey said. Diversification is the key, pushing Coca-Cola further from its roots in sugary soft drinks and buying it an established presence in one of the fastest-growing beverage markets. Coca-Cola has already made strides into bottled water) and energy drinks, but for the first time it will enter the battle for coffee sales, in which global demand rose by more than 7% last year. The deal is a move to catch consumer demand for healthier products that has led to dwindling sales of sugary soft drinks. Coca-Cola has reported declining annual sales since 2012, and the govt’s vow to ban the sale of energy drinks to children in Britain may increase pressure. Nor is Coca-Cola alone in thinking along such lines. This week Nestlé paid £5.2bn for a licence to sell Starbucks coffee, having bought Caravan Marketing, an Egyptian instant coffee business, in Jan. And this summer Pret a Manger was sold to JAB Holding Company Sarl. The Times, Tabby Kinder.
  • Sept.01.2018: Costa sale threatens Premier Inn. Whitbread’s £3.9bn sale of Costa Coffee to the Coca-Cola Company ... surprise news that the 276-year-old company had torn up its plans to demerge Costa as a separately listed business and had agreed to sell the chain to Coca-Cola. Whitbread said that the sale of Costa to the maker of Fanta and Sprite ... nearly 4,000 Costa stores worldwide ... James Quincey, president and chief executive of Coca-Cola, said: “Costa gives Coca-Cola new capabilities and expertise in coffee, and our system can create opportunities to grow the Costa brand worldwide.” Coca-Cola has 500+ brands in about 200 countries, generating revenues last year of $35.4 bn. The Times, Dominic Walsh.
  • Sept.18.2018: Coca-Cola seeks the real thing with infusion of cannabis. Coca-Cola is considering whether to infuse a soft drink with cannabidiol, an extract of marijuana thought to have calming and pain-relieving properties. It is gaining popularity in North America as an additive to food and drinks, such as coffee. In June, America’s medicines regulator approved Epidiolex, a British-made epilepsy treatment that contains cannabidiol. Coca-Cola was said to be in talks with Aurora, a Canadian cannabis producer, about creating a soft drink containing cannabidiol. Constellation Brands, owner of the beer Corona, and Molson Coors Brewing have already signalled their intent to make alcoholic drinks infused with cannabidiol. Coca-Cola, valued at $196 bn, owns 500 soft drink brands and is seeking to diversify as consumers move away from sugary drinks. Last month it bought Costa from Whitbread, and invested in Bodyarmor, a sports drink start-up that uses coconut water. The Times, James Dean. Linkback: Drug Policy Reform#Cannabis
  • Aug.31.2018: Coca-Cola buys Costa Coffee from Whitbread for £3.9bn. soft drinks giant Coca-Cola is buying the Costa Coffee chain. The takeover will overnight turn Coca-Cola into the UK’s biggest coffee shop player and give it a foothold in what is one of the world’s fastest-growing drinks categories. The takeover is the latest in a series of blockbuster deals as drinks manufacturers reinvent themselves for an age in which the sugar-laden soft drinks that made their names are in decline. PepsiCo, Nestlé. The Guardian, Zoe Wood, Mark Sweney.
  • Apr.18.2018: Costa’s coffee cup recycling scheme is a flop. Costa blamed its customers after its recycling scheme for takeaway cups flopped, with less than 3% collected. Philip Hammond said the govt is considering a “latte levy” of up to 25p on single-use coffee cups because their plastic lining makes them hard to recycle and the vast majority end up in landfill sites or incinerators. Costa opposes the levy, which could reduce its sales, and has been trying to persuade ministers that the problem can be solved by the industry’s voluntary recycling efforts. The company launched the recycling scheme in Nov.2016. Costa’s managing director said yesterday that the scheme was “dependent on customer behaviour”. Costa had set a revised target of recycling 100m cups over the next year. Costa hopes to achieve this by paying £90,000 to waste collection companies to separate cups from other waste and send them to one of 3 specialist cup recycling plants. Costa rejected the idea of a latte levy; it also rejected the idea of increasing the discount for customers who brought their own reusable cups. In Jan, Pret a Manger doubled its discount to 50p, and said it had resulted in a big increase in the proportion of customers bringing reusable cups. Costa had made little progress on its commitment 18 months ago to find a cup that could be recycled by any paper mill. Mary Creagh, Labour chairwoman of the Commons Environmental Audit Select Committee, said Costa’s new pledges were inadequate. Starbucks: 25p discount for customers bringing a reusable cup; in Feb. it began a 3-month “latte levy” trial in 35 branches, which charge 5p for a takeaway cup. Paul: 50p reusable cup discount. Greggs: 20p reusable cup discount. Caffè Nero: double stamp on loyalty card for customers bringing reusable cup; 9 stamps required for a free hot drink. The Times, Mirriam Webster.
  • Jul.24.2013: Coca-Cola facing huge class action lawsuit over alleged false claims for Vitaminwater. For years, the Coca-Cola Company has been deceptively marketing its "vitaminwater" beverage brand as a healthy alternative to plain water and sugary soda beverages, making outlandish claims that the drink can help boost immunity and even help people fight eye disease. But now the beverage giant is facing a monstrous class-action lawsuit over this marketing racket, none of which is true about the sugar-laden junk food drink. Natural news, Ethan A Huff.

References

  1. ^ Five unethical companies. All these companies score poorly across our rating system for failing to address issues including human rights, animal rights and environmental concerns. Amazon, ASDA WalMart, Nestle, Tesco, Coca Cola. The top ten least ethical companies as voted for by Ethical Consumer readers were: Nestlé, Monsanto, Amazon, Shell, Tesco, Barclays, Exxon, Wal Mart, Coca Cola, Primark. Ethical Consumer, Tim Hunt. May.18.2018
  2. ^ Corporate Political Engagement Index 2018. The new index of 104 multi-national companies, many of whom regularly meet with govt, has found nearly 75% are failing to adequately disclose how they engage with politicians. Only one company received the highest grade, with the average grade being "E" – representing poor standards in transparency. Transparency International UK. Nov.2018
  3. ^ The A-List of Climate Policy Engagement. Which global companies lead in strategic lobbying for the ambitions of Paris? Rankings measure how a corporation or trade association behaves towards 2°C aligned climate and energy policy. Influence Map. Apr.2018
  4. ^ The Brand Audit Report, Vol.1 Over the next 10 years, plastic production is slated to increase by 40%. Traditionally made from oil byproducts, but now increasingly made using fracked gas. Recycling is not a feasible solution to the plastic pollution crisis. Many plastics are very difficult, or impossible, to recycle. Megacorps make $billions of profits from the plastic-wrapped products - but leave communities to pay for and manage the negative impacts. As the food and products contained in plastic are consumed, people are accumulating phthalates and endocrine-disrupting chemicals in their bloodstreams. Break Free From Plastic. Oct.2018