Atlanta City, – The Coca‑Cola system, consisting of The Coca‑Cola Company and its authorized bottler Coca‑Cola Beverages Africa, has announced its intention to grow its investment in Kenya by up to $175 million over the next five years, should the business achieve its anticipated growth targets in the country.
Hosting Kenyan President H.E. Dr William Ruto at The Coca‑Cola Company’s headquarters in Atlanta, Sunil Gupta, CEO of Coca‑Cola Beverages Africa, said, “The Coca‑Cola system has been an integral part of Kenya’s landscape for more than 75 years. Today, we are excited to announce our intention to strengthen this legacy through a substantial investment.”
“This investment is aimed at accelerating the Coca‑Cola system’s capacity and capability expansion over the next five years. Our decision to invest underscores our belief in the long-term potential of Kenya’s economy,” Gupta said.
Luisa Ortega, President of The Coca‑Cola Company’s Africa Operating Unit, emphasized the importance of collaboration with the government to create a stable policy environment. “The Coca‑Cola system has been part of communities in Kenya for more than seven decades. We are excited to continue growing our business and supporting communities across Kenya for many years to come,” said Ortega.
Source link : https://www.coca-cola.com/xe/en/media-center/coca-cola-system-kenya-major-investment
Author :
Publish date : 2024-05-24 10:27:25
Copyright for syndicated content belongs to the linked Source.