Coca-Cola Beverages Philippines

Philippine subsidiary of The Coca-Cola Company

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Coca-Cola Europacific Aboitiz Philippines, Inc.

Formerly| Coca-Cola Bottlers Philippines, Inc. (1981–2013)
Coca-Cola FEMSA Philippines, Inc. (2013–2018)
Coca-Cola Beverages Philippines, Inc. (2018-2024)
Company type| Subsidiary
Founded| 1981; 44 years ago (1981)
Headquarters|

King's Court Building, Chino Roces Avenue, Makati, Metro Manila, Philippines (2007–2013)
25/F Net Lima Bldg., 5th Ave. corner 26th St.,Bonifacio Global City, Taguig, Metro Manila, Philippines (2013–present)

Area served

| Philippines

Key people

| Gareth McGeown (President and CEO)
Products| Soft drink
Juice
Water
Sports drink
Tea
Owner| The Coca-Cola Company
Parent| Aboitiz Equity Ventures (40%)
Coca-Cola Europacific Partners (60%)
Website| www.coca-cola.com.ph

Coca-Cola Europacific Aboitiz Philippines, Inc. (CCEAPI, founded as Coca-Cola Bottlers Philippines, Inc.), also formerly known as Coca-Cola Beverages Philippines, Inc. and Coca-Cola FEMSA Philippines, Inc., is a Philippine-based company engaged in the bottling and distribution of Coca-Cola products in the country.

## History

[edit]

In 1927, San Miguel Corporation (then known as the original San Miguel Brewery, Inc.) became the first international bottler of Coca-Cola. 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 San Miguel Corporation (70%) and The Coca-Cola Company (30%).

### Coca-Cola Amatil (1997)

[edit]

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)

[edit]

In July 2001, San Miguel joined forces with The Coca-Cola Company (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 (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 P15 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.[1]

### The Coca-Cola Company (2007)

[edit]

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.[2][3] In September 2010, TCCC announced its plan to invest US$1 billion in its business in the Philippines over the next five years.[4] Part of this investment is the completion of its newest and technologically advanced Mega Plant in Misamis Oriental in January 2012.[5]

### Coca-Cola FEMSA (2013–2018)

[edit]

On December 14, 2012, TCCC signed a definitive agreement to sell its 51% stake in CCBPI to Mexico-based Coca-Cola FEMSA, S.A. de C.V., the world's second largest bottler of Coca-Cola, with operations across Central and South America.[6] 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.[7]

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 FEMSA, S.A. de C.V.[8][9][10]

### Coca-Cola BIG (2018–2024)

[edit]

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.[11]

### Coca-Cola Europacific Partners and the Aboitiz Group (2024-present)

[edit]

On February 23, 2024, Philippine-based Aboitiz Equity Ventures Inc. (AEV) announced that it has jointly acquired Coca-Cola Beverages Philippines Inc. together with Coca-Cola Europacific Partners (CCEP) for $1.8 billion on a debt-free, cash-free basis. It will hold a 40% stake, while CCEP will take up the remaining 60% stake.[12][13] The company was renamed to Coca-Cola Europacific Aboitiz Philippines, Inc. effective January 15, 2025 to signify the new ownership.[14]

## Brands

[edit]

Carbonated:

* A&W Sarsaparilla
* Coca-Cola
* Coca-Cola Light (formerly known as Diet Coca-Cola)
* Coca-Cola Zero Sugar
* Coca-Cola Zero Sugar Vanilla
* Coca-Cola Zero Sugar Ultimate Creations
* Royal Tru-Orange
* Royal Tru-Orange Zero Sugar
* Royal Tru-Grape
* Royal Tru-Lemon
* Sprite
* Sprite Zero Sugar
* Sprite Lemon+
* Sprite Lemon+ Zero Sugar
* Schweppes (soda water, ginger ale and tonic water)

Water:

* Viva! (mineral water)
* Wilkins Distilled (distilled water)
* Wilkins Pure (purified water)
* Wilkins Delight (water-based drink with real fruit juice)
* Wilkins Sparkling (plain and flavored)

Sports:

* Powerade

Energy Drinks:

* Monster Energy Drink

Juice:

* Minute Maid Nutri+
* Minute Maid Fresh

Dairy:

* Nutriboost

Tea:

* Real Leaf (tea drink)
* Real Leaf Frutcy
* Fuze Tea

Alcoholic beverages:

* Lemon-Dou (Chu-Hi alcoholic lemon cocktail drink)
* Jack Daniel's with Coca-Cola
* Absolut Vodka with Sprite

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Formerly available:

* Aquarius (plain and flavored water)
* Barq's
* Cheers
* Coca-Cola thêm Cà Phê (also known as Coca-Cola with Coffee)
* Coca-Cola Life
* Coca-Cola Vanilla (imported)
* Fanta
* Earth & Sky (tea drink drink mix)
* Eight O'Clock (instant juice drink)
* First (pure drinking water)
* Hero Energy Drink
* Hi-C
* Jaz Cola
* Lift
* Magnolia/Eight O'Clock Fun-Chum
* Magnolia Zip
* Magnolia Fruit Drink
* Magnolia Junior Juice
* Mello Yello
* Nestea (ready-to-drink) \- under license
* Nestea Blast (ready to drink iced tea in pouch)
* Ponkana (tangerine drink mix)
* Pop Cola
* Rani Float – under license
* Royal (soda water, ginger ale and tonic water)
* Royal Rootbeer
* Royal Wattamelon
* Royal Tru-Orange Light
* Royal Tru-Dalandan
* Royal Tru-Strawberry
* Royal Tru-Lychee
* Samurai (energy drink)
* Sarsi
* Sarsi Light
* Sparkle
* Sprite Ice
* Sprite LeBron James Mix (Limited Edition)
* Sprite Light/Diet Sprite
* Tab (diet cola)
* Thunder Super Soda

## See also

[edit]

* Powerade Tigers
* Powerade Team Pilipinas

## References

[edit]

1. ^ "History of San Miguel Corporation". FundingUniverse.
2. ^ "The Coca-Cola Company acquires full ownership of Philippines bottler from San Miguel Corporation" (Press release). San Miguel Corporation. February 22, 2007. Archived from the original on January 3, 2012. Retrieved October 14, 2012.
3. ^ "Coca-Cola acquires full ownership of Philippines bottler from San..." Reuters. February 22, 2007.
4. ^ "Full-Year and Fourth Quarter 2012 Earnings Release".
5. ^ "Chinese New Year greeting in Cebuano | Freeman Opinion, the Freeman S…". The Philippine STAR. Archived from the original on January 31, 2013.
6. ^ "World's biggest bottler acquires Coca-Cola PH". December 14, 2012.
7. ^ "Mexico's FEMSA buys Coca-Cola PH in all-cash deal". January 25, 2013.
8. ^ "Coca-Cola Company eyes taking over Coke bottling operations in PH". ABS-CBN News. August 17, 2018. Retrieved August 17, 2018.
9. ^ "FEMSA exits PHL, sells back stake in Coca-Cola bottling operations". BusinessWorld. August 18, 2018. Retrieved August 20, 2018.
10. ^ "Coca-Cola FEMSA to offload its stake in Coca-Cola Philippines". August 17, 2018. Retrieved August 20, 2018.
11. ^ "The Coca-Cola System". The Coca-Cola Company. Archived from the original on April 1, 2019. Retrieved May 15, 2019.
12. ^ Cordero, Ted (February 23, 2024). "Aboitiz, CCEP complete $1.8 billion Coca-Cola Beverages PH acquisition". GMA News. Retrieved February 23, 2024.
13. ^ Camus, Miguel (February 23, 2024). "Aboitiz buys 40% of Coca-Cola PH". Philippine Daily Inquirer. Retrieved February 23, 2024.
14. ^ Cabuenas, Jon Viktor (January 15, 2025). "Coca-Cola Beverages Philippines changes company name". GMA News. Retrieved January 20, 2025.

## External links

[edit]

* Coca-Cola Philippines
* The Coca-Cola Company

* v
* t
* e

The Coca-Cola Company

Brands|

| Soft drinks|

* A&W Root Beer (Canada only)
* Ambasa
* Ameyal
* Barq's
* Beat
* Beverly
* Bjäre Julmust
* Blue Sky
* Cannings
* Coca-Cola
* Fanta
* Frutee
* Hit
* Icy
* Kist
* Royal
* Tropical
* Fioravanti
* Fresca
* Fruktime
* Frutonic
* Guaraná Jesus
* Inca Kola
* Iron Brew
* Joya
* Kia-Ora
* Kinley
* Kola Inglesa
* Krest
* Kuat
* Lemon & Paeroa
* Lift
* Mare Rosso
* Mello Yello
* Mezzo Mix
* Moxie
* Nordic Mist
* Northern Neck Ginger Ale
* OK Soda
* Pibb Xtra
* Portello
* Quatro
* Quwat Jabal
* Ramblin' Root Beer
* RimZim
* Red Flash
* Santiba
* Sarsi
* Seagram's
* Senzao
* Smart
* Sparkle
* Sparletta
* Sprite
* Chinotto
* Stoney
* Surge
* Urge
* Tab
* Tanora
* Tiky
* Vault
* VegitaBeta
* Victoria
* Yoli

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Juices and teas|

* Ayataka
* Capri-Sun
* Delaware Punch
* Enviga
* Far Coast
* Five Alive
* Fruitopia
* Frutonic
* Fuze
* Glaceau
* Gold Peak
* Hi-C
* Honest Tea
* Innocent
* Matte Leão
* Minute Maid
* Cappy
* Oasis
* Odwalla
* Qoo
* Peace Iced Tea
* Simply Beverages
* Sokenbicha
* Sparkle
* Tum-E Yummies
* VitaminWater
* Zico

Sports drinks|

* Aquarius
* Bodyarmor SuperDrink
* Powerade

Monster Beverage
(17.9% stake)|

* BPM Energy
* Burn
* Formula 50
* Full Throttle
* Live+
* Monster
* Mother
* NOS
* RAC 124
* Relentless
* Tab Energy
* Von Dutch

Bottled water|

* Abbey Well
* AdeS
* Arwa
* Aquarius
* Ciel
* Dasani
* Deep River Rock
* Malvern Water
* Smartwater
* Topo Chico
* Valpre

Coffee-based|

* Caribou Coffee
* Costa Coffee
* Dunkin' Donuts
* Georgia
* illy

Dairy-based|

* Fairlife
* Swerve
* Vio

Purchased from Bisleri|

* Citra
* Gold Spot
* Limca
* Thums Up
* Maaza

Joint ventures|

* Coca-Cola Beverages Africa (66.5%)
* Coca-Cola Europacific Partners (19.5%)
* Coca-Cola FEMSA (28%)
* Coca-Cola HBC (23.2%)
* Bambi (23.0%)

Former holdings|

* Beverage Partners Worldwide
* Coca-Cola Amatil
* Coca-Cola Enterprises
* Columbia Pictures
* Panamco
* TriStar Pictures

Legal|

* United States v. Forty Barrels and Twenty Kegs of Coca-Cola (1916)
* Escola v. Coca-Cola Bottling Co. (1944)
* Sinaltrainal v. Coca-Cola (2001)
* POM Wonderful v. Coca-Cola (2014)

Campaigns
and slogans|

* Ashita Ga Arusa
* Coke Zero Facial Profiler
* Coming Together
* Country Sunshine
* H2NO
* Hey Kid, Catch!
* I'd like to buy the world a Coke
* The Lost Island of Alanna
* MagiCan
* Max Headroom
* Move to the Beat
* My Coke Rewards
* MyCoke
* Once Upon a Wheel
* Open Happiness
* Pepsi Invaders
* Coca-Cola polar bears
* The Polar Bears
* Share a Coke

Other|

* Coca-Cola buildings and structures
* Criticism of Coca-Cola
* Cocacolonization
* Coca-Cola Freestyle
* Cola wars
* Limca Book of Records
* One, Two, Three (1961 film)

* v
* t
* e

Powerade Tigers

* Formerly the Coca Cola Tigers
* Founded in 2002
* Disbanded in 2012
* Owned by Coca-Cola Beverages Philippines subsidiary of The Coca-Cola Company

The franchise|

* Franchise
* History
* All-time roster
* Draft history
* Seasons

Coaches|

* Reyes
* Ravanes
* Altamirano
* Favis
* Duremdes
* Perasol

Administration|

* Board Governor: Ronald Asuncion
* General Manager: Kenneth Duremdes

Championships (2)|

* 2002 All-Filipino
* 2003 Reinforced

Runner-up finishes (3)|

* 2003 All-Filipino
* 2003 Invitational
* 2011–12 Philippine

Retired jerseys|

* 19 Duremdes
* 22 Cariaso

Seasons (10)|

* 2002
* 2003
* 2004–05
* 2005–06
* 2006–07
* 2007–08
* 2008–09
* 2009–10
* 2010–11
* 2011–12

Culture and Lore|

* The Jet
* Flying A
* H-Bomb
* The Christmas Day Victory
* The Alaska Connection
* El Granada

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