Swire Coca-Cola Ltd is acquiring Coca-Cola's bottling operations in Cambodia and Vietnam, marking its first investment in Southeast Asia and positioning the company for significant growth in a fast-evolving beverage market.

Information on the Target

Swire Coca-Cola Ltd, a wholly-owned subsidiary of Hong Kong-listed Swire Pacific Ltd, is embarking on an expansion in Southeast Asia through the acquisition of Coca-Cola’s bottling operations in Cambodia and Vietnam. This move marks Swire Coca-Cola's initial investments in the region, positioning the company as a leader in one of the fastest-growing beverage markets globally.

Upon finalization of the acquisition, Swire Coca-Cola will assume ownership of Coca-Cola Beverages Vietnam Ltd, which operates three bottling facilities in Vietnam, as well as Cambodia Beverage Company Ltd (CBC), which has one bottling plant in Cambodia. This strategic acquisition will expand Swire Coca-Cola's franchise population by 15 percent, bringing it to a total of 876 million people.

Industry Overview in Cambodia and Vietnam

The non-alcoholic beverage market in Cambodia and Vietnam is currently valued at over $6 billion and is anticipated to experience a compound annual growth rate exceeding six