Saudi beverage company, Aujan Industries has said it expects to sign more acquisitions in the future with its partner Coca-Cola, Gulf News has reported. “From that partnership we are going to develop a series of initiatives and they’re all around growth of beverages within the Middle East and North Africa region,” said the chief executive of Aujan, Nicolaas Nusmeier. Last month Aujan Coca-Cola Beverages Co (ACCBC), developed in 2013 after Coca-Cola acquired a 50% stake in Aujan back in 2011, announced it was acquiring a majority stake of Lebanon’s National Beverage Co (NBC). The company will control 80%, with existing shareholder Transmed holding on to 20%, said Nusmeier. The deal is expected to be finalised at the end of the second quarter.