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Coca-Cola, Aujan JV acquires majority stake in Lebanon’s NBC

: Thursday, July 17 - 2014 @ 00:07

The joint venture between Coca-Cola Co and Saudi Arabia’s Aujan Industries has said it has acquired a majority stake in National Beverage Co, a maker and distributor of Coca-Cola and other drinks in Lebanon, Saudi Gazette has reported. Aujan Coca-Cola Beverages Co (ACCBC) bought the stake from Lebanon’s Transmed, a consumer products distributor, which will continue to own part of National Beverage Co, the company said. Terms of the deal and the size of the stake weren’t disclosed.

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Thursday, July 17- 2014 @ 0:07 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

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