# COFCO Coca-Cola unit to acquire beverage packaging assets for 544 million yuan

China Foods announced that its subsidiary COFCO Coca-Cola Beverages (China) Investment Co., Ltd. will acquire equity interests in several target companies from Coca-Cola Bottlers Manufacturing Holdings for a total consideration of approximately 544 million yuan, as part of a restructuring.

- Type: Acquisition
- Announced: 2022-07-15
- Where: China
- Status: announced
- Products: beverages, non-carbonated drinks

## Companies

- [China Foods](https://endata.com/companies/19697.md)
- [COFCO Coca-Cola Beverages (China) Investment Co., Ltd.](https://endata.com/companies/64172.md) (acquirer)
- [Coca-Cola Bottlers Manufacturing Holdings](https://endata.com/companies/64173.md) (target)

## Sources

- [beta.zhitongcaijing.com](http://beta.zhitongcaijing.com/content/detail/757000.html), 2022-07-15: "中粮饮料将促使中粮饮料买方(中粮可口可乐饮料(中国)投资有限公司)向可口可乐装瓶商生产控股购买中粮饮料股权"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.