The Competition Commission of India (CCI) has given its nod to a multi-layered transaction involving Jubilant Beverages Limited (JBL), Jubilant BevCo Limited (BevCo), and key investors backed by Goldman Sachs.
The proposed combination involves two key steps: acquisition of a 40% stake in Hindustan Coca-Cola Holdings Pvt. Ltd (HCCH) by JBL and the subscription to compulsorily convertible preference shares (CCPS) in JBL by BevCo and investors.
Under the approved combination:
The transaction represents a significant strategic alignment between the Jubilant Bhartia Group and Coca-Cola’s India operations. It allows Jubilant to deepen its presence in the food and beverage space while giving the Coca-Cola ecosystem a new Indian partner with operational expertise and investment backing.
Also Read: Jubilant Ingrevia Partners with O2 Power for Renewable Energy at Bharuch Facility!
With the CCI’s approval, the Jubilant–Coca-Cola transaction is now set to move forward, signaling a key development in India’s competitive and fast-evolving beverage landscape. The deal could also pave the way for further consolidation and innovation in the FMCG sector.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Published on: May 2, 2025, 1:27 PM IST
Nikitha Devi
Nikitha is a content creator with 6+ years of experience in the financial domain. Specialising in personal finance, investments, and market insights, Nikitha simplifies complex financial topics, making them accessible to readers.
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