{"id":1499,"date":"2024-02-09T22:07:23","date_gmt":"2024-02-09T15:07:23","guid":{"rendered":"https:\/\/bizuget.com\/en\/?p=1499"},"modified":"2024-02-09T22:07:23","modified_gmt":"2024-02-09T15:07:23","slug":"thainamthip-and-swire-coca-cola-to-form-a-north-asean-bottling-alliance-alliance-will-seek-to-grow-north-asean-operations-through-combination-of-capabilities-and-scale","status":"publish","type":"post","link":"https:\/\/bizuget.com\/en\/marketing\/eat-drink-travel\/thainamthip-and-swire-coca-cola-to-form-a-north-asean-bottling-alliance-alliance-will-seek-to-grow-north-asean-operations-through-combination-of-capabilities-and-scale\/","title":{"rendered":"ThaiNamthip and Swire Coca-Cola to form a north ASEAN bottling alliance Alliance will seek to grow north ASEAN operations through combination of capabilities and scale"},"content":{"rendered":"

\u00a0 \u00a0 The Coca-Cola Company, ThaiNamthip Corporation Limited and Swire Coca-Cola Limited announced today they have entered into definitive agreements to form a strategic bottling alliance in north ASEAN, including Thailand, Laos, Vietnam, and Cambodia.<\/p>\n

\u00a0 \u00a0 The companies will align management, governance, and growth objectives across ThaiNamthip and Swire Coca-Cola franchise territories with an aim to become the undisputed leader in the beverages market in the region. The alliance will drive profitable growth through world-class differentiating capabilities and a relentless focus on customers and consumers.<\/p>\n

\u00a0 \u00a0 The alliance will leverage the local knowledge and understanding in Thailand and Laos of ThaiNamthip and the global perspective of Swire Coca-Cola. Through the combination of their capabilities, scale, and capacity to invest locally, the alliance will seek to achieve their substantial long term growth ambitions.<\/p>\n

\u00a0 \u00a0 \u00a0The alliance will be brought about by The Coca-Cola Company divesting its minority ownership of ThaiNamthip to both ThaiNamthip and Swire Coca-Cola immediately after signing today. Additionally, subject to regulatory approvals, Swire Coca-Cola will take a controlling stake in ThaiNamthip\u2019s bottling operations in Thailand and Laos, and ThaiNamthip will take a minority stake in Swire Coca-Cola\u2019s bottling operations in Vietnam and Cambodia.<\/p>\n

\u00a0 \u00a0 \u00a0Coca-Cola ASEAN and South Pacific President Claudia Lorenzo<\/strong> said, \u201cCoca-Cola is celebrating 75 years in Thailand this year. We are delighted that in this anniversary year two exceptional bottling partners are joining forces in our key north ASEAN markets. Between them they bring the local knowledge and global insights that will accelerate all markets forward into the future.\u201d<\/p>\n

\u00a0 \u00a0 Karen So, Managing Director of Swire Coca-Cola Limited<\/strong> said, \u201cWe are thrilled to further expand our presence in South East Asia to Thailand and Laos. This investment highlights our robust partnership with The Coca-Cola Company and the impressive strength and capabilities of our local partner, ThaiNamthip. The investment underscores the immense growth potential we see in Thailand and Laos and together, we are poised to bring our unparalleled expertise, capabilities, and ambition to accelerate growth throughout the north ASEAN region. Our expansion also aligns with Swire Pacific\u2019s strategic, long-term plan of continuous investment in Hong Kong, the Chinese Mainland and South East Asia.\u201d<\/p>\n

\u00a0 \u00a0 \u00a0Ignace Corthouts, President of ThaiNamthip Corporation<\/strong> said, \u201cToday marks an important milestone for ThaiNamthip, as we embark on our next chapter of growth. The bottling alliance between ThaiNamthip and Swire Coca-Cola \u2014 one of the top five Coca-Cola bottlers in the world \u2014 will combine the strengths and capabilities of both companies, as well as our unwavering commitment to customers and consumers, to capture untapped opportunities in the north ASEAN region.\u201d<\/p>\n

\u00a0 \u00a0 \u00a0The transactions are subject to the parties receiving regulatory approvals. The parties are committed to working together to implement a smooth implementation with minimal disruption for customers, consumers, and system employees.<\/p>\n

\n","protected":false},"excerpt":{"rendered":"

\u00a0 \u00a0 The Coca-Cola Company, ThaiNamthip Corporation Limited and Swire Coca-Cola Limited announced today they have entered into definitive agreements to form a strategic bottling alliance in north ASEAN, including Thailand, Laos, Vietnam, and Cambodia. \u00a0 \u00a0 The companies will align management, governance, and growth objectives across ThaiNamthip and Swire Coca-Cola franchise territories with an aim to become the undisputed leader in the beverages market in the region. The alliance will drive profitable growth through world-class differentiating capabilities and a relentless focus on customers and consumers. \u00a0 \u00a0 The alliance will leverage the local knowledge and understanding in Thailand and Laos of ThaiNamthip and the global perspective of Swire Coca-Cola. Through the combination of their capabilities, scale, and capacity to invest locally, the alliance will seek to achieve their substantial long term growth ambitions. \u00a0 \u00a0 \u00a0The alliance will be brought about by The Coca-Cola Company divesting its minority ownership of ThaiNamthip to both ThaiNamthip and Swire Coca-Cola immediately after signing today. Additionally, subject to regulatory approvals, Swire Coca-Cola will take a controlling stake in ThaiNamthip\u2019s bottling operations in Thailand and Laos, and ThaiNamthip will take a minority stake in Swire Coca-Cola\u2019s bottling operations in Vietnam and Cambodia. \u00a0 \u00a0 \u00a0Coca-Cola ASEAN and South Pacific President Claudia Lorenzo said, \u201cCoca-Cola is celebrating 75 years in Thailand this year. We are delighted that in this anniversary year two exceptional bottling partners are joining forces in our key north ASEAN markets. Between them they bring the local knowledge and global insights that will accelerate all markets forward into the future.\u201d \u00a0 \u00a0 Karen So, Managing Director of Swire Coca-Cola Limited said, \u201cWe are thrilled to further expand our presence in South East Asia to Thailand and Laos. This investment highlights our robust partnership with The Coca-Cola Company and the impressive strength and capabilities of our local partner, ThaiNamthip. The investment underscores the immense growth potential we see in Thailand and Laos and together, we are poised to bring our unparalleled expertise, capabilities, and ambition to accelerate growth throughout the north ASEAN region. Our expansion also aligns with Swire Pacific\u2019s strategic, long-term plan of continuous investment in Hong Kong, the Chinese Mainland and South East Asia.\u201d \u00a0 \u00a0 \u00a0Ignace Corthouts, President of ThaiNamthip Corporation said, \u201cToday marks an important milestone for ThaiNamthip, as we embark on our next chapter of growth. The bottling alliance between ThaiNamthip and Swire Coca-Cola \u2014 one of the top five Coca-Cola bottlers in the world \u2014 will combine the strengths and capabilities of both companies, as well as our unwavering commitment to customers and consumers, to capture untapped opportunities in the north ASEAN region.\u201d \u00a0 \u00a0 \u00a0The transactions are subject to the parties receiving regulatory approvals. The parties are committed to working together to implement a smooth implementation with minimal disruption for customers, consumers, and system employees.<\/p>\n","protected":false},"author":1,"featured_media":1501,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"default","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[9],"tags":[],"class_list":["post-1499","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-eat-drink-travel"],"yoast_head":"\nThaiNamthip and Swire Coca-Cola to form a north ASEAN bottling alliance Alliance will seek to grow north ASEAN operations through combination of capabilities and scale - Bizuget.com l EN<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/bizuget.com\/en\/marketing\/eat-drink-travel\/thainamthip-and-swire-coca-cola-to-form-a-north-asean-bottling-alliance-alliance-will-seek-to-grow-north-asean-operations-through-combination-of-capabilities-and-scale\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ThaiNamthip and Swire Coca-Cola to form a north ASEAN bottling alliance Alliance will seek to grow north ASEAN operations through combination of capabilities and scale\" \/>\n<meta property=\"og:description\" content=\"\u00a0 \u00a0 The Coca-Cola Company, ThaiNamthip Corporation Limited and Swire Coca-Cola Limited announced today they have entered into definitive agreements to form a strategic bottling alliance in north ASEAN, including Thailand, Laos, Vietnam, and Cambodia. \u00a0 \u00a0 The companies will align management, governance, and growth objectives across ThaiNamthip and Swire Coca-Cola franchise territories with an aim to become the undisputed leader in the beverages market in the region. The alliance will drive profitable growth through world-class differentiating capabilities and a relentless focus on customers and consumers. \u00a0 \u00a0 The alliance will leverage the local knowledge and understanding in Thailand and Laos of ThaiNamthip and the global perspective of Swire Coca-Cola. Through the combination of their capabilities, scale, and capacity to invest locally, the alliance will seek to achieve their substantial long term growth ambitions. \u00a0 \u00a0 \u00a0The alliance will be brought about by The Coca-Cola Company divesting its minority ownership of ThaiNamthip to both ThaiNamthip and Swire Coca-Cola immediately after signing today. Additionally, subject to regulatory approvals, Swire Coca-Cola will take a controlling stake in ThaiNamthip\u2019s bottling operations in Thailand and Laos, and ThaiNamthip will take a minority stake in Swire Coca-Cola\u2019s bottling operations in Vietnam and Cambodia. \u00a0 \u00a0 \u00a0Coca-Cola ASEAN and South Pacific President Claudia Lorenzo said, \u201cCoca-Cola is celebrating 75 years in Thailand this year. We are delighted that in this anniversary year two exceptional bottling partners are joining forces in our key north ASEAN markets. Between them they bring the local knowledge and global insights that will accelerate all markets forward into the future.\u201d \u00a0 \u00a0 Karen So, Managing Director of Swire Coca-Cola Limited said, \u201cWe are thrilled to further expand our presence in South East Asia to Thailand and Laos. This investment highlights our robust partnership with The Coca-Cola Company and the impressive strength and capabilities of our local partner, ThaiNamthip. The investment underscores the immense growth potential we see in Thailand and Laos and together, we are poised to bring our unparalleled expertise, capabilities, and ambition to accelerate growth throughout the north ASEAN region. Our expansion also aligns with Swire Pacific\u2019s strategic, long-term plan of continuous investment in Hong Kong, the Chinese Mainland and South East Asia.\u201d \u00a0 \u00a0 \u00a0Ignace Corthouts, President of ThaiNamthip Corporation said, \u201cToday marks an important milestone for ThaiNamthip, as we embark on our next chapter of growth. The bottling alliance between ThaiNamthip and Swire Coca-Cola \u2014 one of the top five Coca-Cola bottlers in the world \u2014 will combine the strengths and capabilities of both companies, as well as our unwavering commitment to customers and consumers, to capture untapped opportunities in the north ASEAN region.\u201d \u00a0 \u00a0 \u00a0The transactions are subject to the parties receiving regulatory approvals. The parties are committed to working together to implement a smooth implementation with minimal disruption for customers, consumers, and system employees.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/bizuget.com\/en\/marketing\/eat-drink-travel\/thainamthip-and-swire-coca-cola-to-form-a-north-asean-bottling-alliance-alliance-will-seek-to-grow-north-asean-operations-through-combination-of-capabilities-and-scale\/\" \/>\n<meta property=\"og:site_name\" content=\"Bizuget.com l EN\" \/>\n<meta property=\"article:published_time\" content=\"2024-02-09T15:07:23+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/bizuget.com\/en\/wp-content\/uploads\/2024\/02\/BB7F15E8-6392-43A2-A76A-CFE96F181B73-scaled-e1707491230669.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"450\" \/>\n\t<meta property=\"og:image:height\" content=\"307\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"admin\" \/>\n<meta name=\"twitter:card\" 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north ASEAN, including Thailand, Laos, Vietnam, and Cambodia. \u00a0 \u00a0 The companies will align management, governance, and growth objectives across ThaiNamthip and Swire Coca-Cola franchise territories with an aim to become the undisputed leader in the beverages market in the region. The alliance will drive profitable growth through world-class differentiating capabilities and a relentless focus on customers and consumers. \u00a0 \u00a0 The alliance will leverage the local knowledge and understanding in Thailand and Laos of ThaiNamthip and the global perspective of Swire Coca-Cola. Through the combination of their capabilities, scale, and capacity to invest locally, the alliance will seek to achieve their substantial long term growth ambitions. \u00a0 \u00a0 \u00a0The alliance will be brought about by The Coca-Cola Company divesting its minority ownership of ThaiNamthip to both ThaiNamthip and Swire Coca-Cola immediately after signing today. Additionally, subject to regulatory approvals, Swire Coca-Cola will take a controlling stake in ThaiNamthip\u2019s bottling operations in Thailand and Laos, and ThaiNamthip will take a minority stake in Swire Coca-Cola\u2019s bottling operations in Vietnam and Cambodia. \u00a0 \u00a0 \u00a0Coca-Cola ASEAN and South Pacific President Claudia Lorenzo said, \u201cCoca-Cola is celebrating 75 years in Thailand this year. We are delighted that in this anniversary year two exceptional bottling partners are joining forces in our key north ASEAN markets. Between them they bring the local knowledge and global insights that will accelerate all markets forward into the future.\u201d \u00a0 \u00a0 Karen So, Managing Director of Swire Coca-Cola Limited said, \u201cWe are thrilled to further expand our presence in South East Asia to Thailand and Laos. This investment highlights our robust partnership with The Coca-Cola Company and the impressive strength and capabilities of our local partner, ThaiNamthip. The investment underscores the immense growth potential we see in Thailand and Laos and together, we are poised to bring our unparalleled expertise, capabilities, and ambition to accelerate growth throughout the north ASEAN region. Our expansion also aligns with Swire Pacific\u2019s strategic, long-term plan of continuous investment in Hong Kong, the Chinese Mainland and South East Asia.\u201d \u00a0 \u00a0 \u00a0Ignace Corthouts, President of ThaiNamthip Corporation said, \u201cToday marks an important milestone for ThaiNamthip, as we embark on our next chapter of growth. The bottling alliance between ThaiNamthip and Swire Coca-Cola \u2014 one of the top five Coca-Cola bottlers in the world \u2014 will combine the strengths and capabilities of both companies, as well as our unwavering commitment to customers and consumers, to capture untapped opportunities in the north ASEAN region.\u201d \u00a0 \u00a0 \u00a0The transactions are subject to the parties receiving regulatory approvals. 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href=\"https:\/\/bizuget.com\/en\/category\/marketing\/eat-drink-travel\/\" rel=\"category tag\">Eat-Drink-Travel<\/a>","rttpg_excerpt":"\u00a0 \u00a0 The Coca-Cola Company, ThaiNamthip Corporation Limited and Swire Coca-Cola Limited announced today they have entered into definitive agreements to form a strategic bottling alliance in north ASEAN, including Thailand, Laos, Vietnam, and Cambodia. \u00a0 \u00a0 The companies will align management, governance, and growth objectives across ThaiNamthip and Swire Coca-Cola franchise territories with an…","_links":{"self":[{"href":"https:\/\/bizuget.com\/en\/wp-json\/wp\/v2\/posts\/1499","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bizuget.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bizuget.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bizuget.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bizuget.com\/en\/wp-json\/wp\/v2\/comments?post=1499"}],"version-history":[{"count":1,"href":"https:\/\/bizuget.com\/en\/wp-json\/wp\/v2\/posts\/1499\/revisions"}],"predecessor-version":[{"id":1502,"href":"https:\/\/bizuget.com\/en\/wp-json\/wp\/v2\/posts\/1499\/revisions\/1502"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bizuget.com\/en\/wp-json\/wp\/v2\/media\/1501"}],"wp:attachment":[{"href":"https:\/\/bizuget.com\/en\/wp-json\/wp\/v2\/media?parent=1499"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bizuget.com\/en\/wp-json\/wp\/v2\/categories?post=1499"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bizuget.com\/en\/wp-json\/wp\/v2\/tags?post=1499"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}