State debt in Coca-Cola Uzbekistan buys Coca-Cola Içecek
The State Asset Management Agency has agreed to sell a 57.118% stake in the authorized capital of Coca-Cola Bottlers Uzbekistan to the Turkish Coca-Cola Içecek for $252.28 million.
The transaction was organized in the form of an open sale process in accordance with the decree of the President of Uzbekistan dated October 27, 2020.
Coca-Cola Bottlers Uzbekistan is the largest producer of carbonated soft drinks in Uzbekistan, has production facilities in Tashkent, Namangan and Urgench, as well as a network of warehouses. At the end of 2020, the company's net profit amounted to 205 billion soums.
Coca-Cola Içecek is one of the largest enterprises in the Coca-Cola structure. Its main owners are Anadolu Efes and The Coca-Cola Company.