Equatorial Coca-Cola Bottling Company (ECCBC) has finalised an agreement with Coca-Cola Beverages Africa (CCBA) and The Coca-Cola Company (TCCC) to acquire two major subsidiaries operating in Ghana; Voltic (GH) Limited and West African Refreshments Limited (WARL).
The acquisition marks a strategic expansion of ECCBC’s footprint in West Africa and positions the company as the leading authorised Coca-Cola bottler on the continent. The deal consolidates ECCBC’s control over Coca-Cola’s beverage production, distribution, and sales operations in Ghana, including key brands such as Coca-Cola, Fanta, Sprite, and Voltic mineral water.
ECCBC currently operates as the authorised Coca-Cola bottler in 13 countries across North and West Africa, with more than three decades of experience in beverage manufacturing and distribution on the continent. The acquisition of Voltic and WARL is expected to streamline operations under one integrated platform, increasing efficiency and improving service delivery to Ghanaian consumers, retailers, and suppliers.
“As a company with a strong presence in Africa, we are deeply committed to the continent’s growth,” said Alfonso Bosch, CEO of ECCBC Group. “We are thrilled to announce the acquisition of Voltic, a leading water business in the region, and WARL. This acquisition presents significant opportunities to enhance our service offerings and deliver a positive impact to our stakeholders. We are dedicated to building on Voltic’s legacy of excellence and innovation.”
Voltic is widely regarded as one of Ghana’s leading bottled water brands, with strong market presence and a long-standing reputation for quality and innovation. WARL, meanwhile, has been responsible for bottling and distributing Coca-Cola trademark beverages in Ghana under the supervision of CCBA and TCCC.
Sunil Gupta, CEO of Coca-Cola Beverages Africa, expressed confidence in the new arrangement, stating: “This transaction allows CCBA to focus our attention on our core markets in Southern and East Africa and prioritise resources for sustainable growth opportunities on the continent.”
CCBA is the eighth-largest Coca-Cola authorised bottler globally by revenue and accounts for more than 40% of Coca-Cola volumes sold in Africa. With operations in 15 African countries, CCBA is known for its emphasis on local investment and community impact.
Through this transition, ECCBC has reaffirmed its commitment to supporting economic development, producing and distributing locally, and investing in the communities it serves. The company stated that it would continue to uphold the high standards associated with Coca-Cola’s global brand while strengthening its relationship with Ghanaian consumers and stakeholders.
The acquisition is subject to regulatory approvals, after which ECCBC will assume full responsibility for operations previously overseen by Voltic and WARL.
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