Home Business Coca-Cola now pauses new acquisitions in Kenyan market

Coca-Cola now pauses new acquisitions in Kenyan market

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Business Daily | by Elizabeth Kivuva

Coca-Cola Beverages Africa (CCBA) will not make new acquisitions in the local market in the near term as it focuses on integrating the businesses it has bought in recent months.

CCBA Kenya managing director Xavier Selga has said the company is currently aligning Nairobi Bottlers and Almasi Beverages’ operations to those of the parent company’s systems and policies following its acquisition from Centum Investment Company in October last year.

CCBA through its subsidiary, Coca Cola Sabco East Africa Limited, acquired 53.9 percent and 27.6 percent of…

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