Coca-Cola Beverages Philippines, Inc. (CCBPI, formerly Coca-Cola FEMSA Philippines, Inc.) is a

Philippine The Philippines (; fil, Pilipinas, links=no), officially the Republic of the Philippines ( fil, Republika ng Pilipinas, links=no), * bik, Republika kan Filipinas * ceb, Republika sa Pilipinas * cbk, República de Filipinas * hil, Republ ...

-based company engaged in the bottling and distribution of

Coca-Cola Coca-Cola, or Coke, is a carbonated soft drink manufactured by the Coca-Cola Company. Originally marketed as a temperance bar, temperance drink and intended as a patent medicine, it was invented in the late 19th century by John Stith Pembe ...

products in the country. CCBPI is part of the Bottling Investment Group (BIG), The Coca-Cola Company (TCCC)-owned bottling operation intent on building a foundation for long-term success. BIG's operations are primarily focused on markets in Southeast Asia, India, and Southwest Asia, covering 14 countries with 39 plants and 16,500 employees, serving 1.8 billion consumers. CCBPI's current product portfolio includes 19 brands, such as Coke,

Royal Royal may refer to: People * Royal (name), a list of people with either the surname or given name * A member of a royal family Places United States * Royal, Arkansas, an unincorporated community * Royal, Illinois, a village * Royal, Iowa, a ...

, Sprite, Wilkins, Viva, Thunder,

Schweppes Schweppes (, ) is a beverage brand that originated in the Republic of Geneva; it is made, bottled and distributed worldwide by multiple international conglomerates, depending on licensing and region, that manufacture and sell soft drinks. Schwep ...

, and

Minute Maid Minute Maid is a product line of beverages, usually associated with lemonade or orange juice, but which now extends to soft drinks of different kinds, including Hi-C. Minute Maid is sold under the Cappy brand in Central Europe and under the bran ...

. It operates nationwide, with 19 manufacturing plants and approximately 50 sales offices and distribution centers—employing more than 9,700 regular employees. The company was founded in 1981 as Coca-Cola Bottlers Philippines, Inc. and renamed Coca-Cola FEMSA Philippines, Inc. on January 25, 2013, after becoming jointly owned by Mexico-based Coca-Cola

FEMSA Fomento Económico Mexicano, S.A.B. de C.V., doing business as FEMSA, is a Mexican multinational beverage and retail company headquartered in Monterrey, Mexico. It operates the largest independent Coca-Cola bottling group in the world and the ...

, S.A. de C.V. and

The Coca-Cola Company The Coca-Cola Company is an American multinational beverage corporation founded in 1892, best known as the producer of Coca-Cola. The Coca-Cola Company also manufactures, sells, and markets other non-alcoholic beverage concentrates and syrups ...

. The company was renamed Coca-Cola Beverages Philippines, Inc. in December 2018, after being acquired by the Bottling Investments Group (BIG) of The Coca-Cola Company.

History

In 1927,

San Miguel Corporation San Miguel Corporation, abbreviated as SMC, is a Philippine multinational conglomerate headquartered in Mandaluyong, Metro Manila. The company is one of the largest and most diversified conglomerates in the Philippines. Originally founded ...

(then known as the original San Miguel Brewery, Inc.) became the first international bottler of

. In 1981, San Miguel spun off its soft drink businesses to a new company named Coca-Cola Bottlers Philippines, Inc. (CCBPI). The company was established as a joint-venture between

(70%) and

(30%).

Coca-Cola Amatil (1997)

In April 1997, CCBPI was merged into the Australia-based Coca-Cola Amatil Limited (CCA). In effect, San Miguel exchanged its 70% interest in a Philippine-only operation (CCBPI) for a 25% stake in CCA, which had operations in 17 countries—both in the Asia-Pacific region and in Eastern Europe. Shortly after, CCA demerged the Eastern European operations into a UK-based firm called Coca-Cola Beverages plc (resulting in a reduction of San Miguel's stake in CCA to 22%). Seeking to maintain its focus on the Asia-Pacific region, San Miguel sold its stake in the new UK entity in mid-1998.

Reacquisition by San Miguel and The Coca-Cola Company (2001)

In July 2001, San Miguel joined forces with

(TCCC) to reacquire CCBPI, with San Miguel taking a 65% stake and TCCC the remaining 35%. As part of the deal, San Miguel sold its CCA shares back to CCA. Later in 2001, San Miguel sold its

bottled water Bottled water is drinking water (e.g., well water, distilled water, mineral water, or spring water) packaged in plastic or glass water bottles. Bottled water may be carbonated or not. Sizes range from small single serving bottles to lar ...

(Viva! and Wilkins) and juice businesses (Eight O'Clock), amalgamated under Philippine Beverage Partners, Inc., to CCBPI. In February 2002, San Miguel completed the acquisition of an 83% stake in rival Cosmos Bottling Corporation in a P 15 billion ($282 million) deal, completed through CCBPI. Cosmos specialized in low-priced soft drinks and held the number two position in the Philippine market. The combination of Coca-Cola Bottlers Philippines and Cosmos Bottling Corporation gave the San Miguel group control of more than 90% of the Philippine soft-drink market.

The Coca-Cola Company (2007)

In February 2007, The Coca-Cola Company (TCCC) purchased San Miguel's 65% shareholding in CCBPI and subsidiaries for $590 million acquiring the full ownership. In September 2010, TCCC announced its plan to invest US$1 billion in its business in the Philippines over the next five years. Part of this investment is the completion of its newest and technologically advanced Mega Plant in Misamis Oriental in January 2012.

Coca-Cola FEMSA (2013–2018)

On December 14, 2012, TCCC signed a definitive agreement to sell its 51% stake in CCBPI to

Mexico Mexico (Spanish language, Spanish: México), officially the United Mexican States, is a List of sovereign states, country in the southern portion of North America. It is borders of Mexico, bordered to the north by the United States; to the so ...

-based Coca-Cola

, S.A. de C.V., the world's second largest bottler of

, with operations across Central and South America. The all-cash transaction became effective January 25, 2013. The deal price represented a $1,350 million valuation of CCBPI. Coca-Cola FEMSA will have an option to acquire the remaining 49% of CCBPI at any time during the next 7 years and will have a put option to sell its ownership back to TCCC any time during year six. On August 17, 2018, The Coca-Cola Company announced that its Bottling Investments Group (BIG) agreed to acquire the 51% stake in the company held by Coca-Cola

, S.A. de C.V.

Coca-Cola Beverages Philippines (2018–present)

In December 2018, BIG completed its acquisition of Coca-Cola FEMSA Philippines' bottling operations. The company was then renamed Coca-Cola Beverages Philippines, Inc. as a reflection of its ambition to build a total beverages company.

Brands

Carbonated: *

* Coca-Cola Light Taste (formerly known as Diet Coca-Cola) *

Coca-Cola Zero Sugar Coca-Cola Zero Sugar is a diet cola produced by The Coca-Cola Company. In some countries, it is sold as Coca-Cola No Sugar. The drink was introduced in 2005 as Coca-Cola Zero as a new no-calorie cola. In 2017, the formula was modified and the ...

* Coca-Cola thêm Cà Phê (also known as Coca-Cola with Coffee) * Sprite *

Sprite Zero Sprite Zero Sugar (also known as Diet Sprite or Sprite No Sugar) is a colorless, lemon-lime soft drink produced by The Coca-Cola Company. It is a sugar-free variant of Sprite, and is one of the drinks in Coca-Cola's "Zero Sugar" lineup. Histor ...

Royal Tru Royal Tru (often referred to simply as Royal) is a carbonated fruit-flavored soft drink brand owned by The Coca-Cola Company that is only available in the Philippines. The brand was introduced in 1922 by the original San Miguel Brewery. Sin ...

-Orange *

-Grape *

-Lemon *

Sparkle Sparkle may refer to: * Sparkle (catamaran), a catamaran designed by Angus Primrose * Sparkle (drink), a lemon-flavored soft drink * Sparkle, a brand of paper towels owned by Georgia-Pacific * Sparkle Plenty, a character in the ''Dick Tracy'' c ...

* Sarsi * Pop Cola *

( soda water,

ginger ale Ginger ale is a carbonated soft drink flavoured with ginger. It is consumed on its own or used as a mixer, often with spirit-based drinks. There are two main types of ginger ale. The golden style is credited to the Irish doctor Thomas Joseph ...

and

tonic water Tonic water (or Indian tonic water) is a carbonated soft drink in which quinine is dissolved. Originally used as a prophylactic against malaria, tonic water usually has a significantly lower quinine content and is consumed for its distinctive ...

) * Thunder Super Soda * Coca-Cola Vanilla Zero Sugar Water: * Viva! (mineral ice water) * Wilkins Distilled (distilled water) * Wilkins Pure (purified water) * Wilkins Delight (water-based drink with real fruit juice) * Wilkins Sparkling (plain, flavored) Sports: *

Powerade Powerade is a sports drink created, manufactured and marketed by The Coca-Cola Company. Its primary competitor is Gatorade, owned by PepsiCo. History In 1988, Powerade became the official sports drink of the Olympics, alongside Aquarius, ano ...

Juice: *

Pulpy *

Fresh * Eight O'Clock (instant juice drink) * Nutriboost Tea: * Real Leaf (tea drink) * Real Leaf Frutcy Alcoholic beverages: * Lemon-Dou ( Chu-Hi alcoholic lemon cocktail drink) Formerly available: * Aquarius (plained and flavored water) * Barq's * Cheers * Coca-Cola Life * Coca-Cola Vanilla (imported) *

Fanta Fanta is an American-owned German brand of fruit-flavored carbonated soft drinks created by Coca-Cola Deutschland under the leadership of German businessman Max Keith. There are more than 200 flavors worldwide. Fanta originated in Germany as ...

* Earth & Sky (tea drink) * First (pure drinking water) * Hero Energy Drink * Hi-C * Jaz Cola *

Lift Lift or LIFT may refer to: Physical devices * Elevator, or lift, a device used for raising and lowering people or goods ** Paternoster lift, a type of lift using a continuous chain of cars which do not stop ** Patient lift, or Hoyer lift, mobil ...

* Magnolia/Eight O'Clock Fun-Chum * Magnolia Zip * Magnolia Fruit Drink * Magnolia Junior Juice *

Mello Yello Mello Yello is a highly caffeinated, citrus-flavored soft drink produced, distributed and created by The Coca-Cola Company that was introduced on March 12, 1979, to compete with PepsiCo's Mountain Dew. Mello Yello was withdrawn from Australia ...

Nestea Nestea is a Switzerland, Swiss brand of iced tea and pop beverages owned by Nestlé, manufactured by The Coca-Cola Company and distributed by Nestlé's beverage department in the United States and by Beverage Partners Worldwide (BPW),Royal Royal may refer to: People * Royal (name), a list of people with either the surname or given name * A member of a royal family Places United States * Royal, Arkansas, an unincorporated community * Royal, Illinois, a village * Royal, Iowa, a ...

( soda water,

and

) *

Rootbeer *

Wattamelon *

-Orange Light *

-Dalandan *

-Strawberry * Samurai (energy drink) * Sarsi Light * Sprite Ice * Sprite Light

References

External links

Coca-Cola Beverages PhilippinesCoca-Cola PhilippinesThe Coca-Cola Company
{{Powerade Tigers Coca-Cola bottlers Drink companies of the Philippines Philippine subsidiaries of foreign companies Companies based in Bonifacio Global City Food and drink companies established in 1981 Philippine companies established in 1981