The Coca-Cola Company.
usinfo | 2013-05-17 16:02
The Coca-Cola Company (NYSE: KO) is an American multinational beverage corporation and manufacturer, retailer and marketer of nonalcoholic beverage concentrates and syrups, which is headquartered in Atlanta, Georgia.The company is best known for its flagship product Coca-Cola, invented in 1886 by pharmacist John Stith Pemberton in Columbus, Georgia.The Coca-Cola formula and brand was bought in 1889 by Asa Candler who incorporated The Coca-Cola Company in 1892. Besides its namesake Coca-Cola beverage, Coca-Cola currently offers more than 500 brands in over 200 countries or territories and serves over 1.7 billion servings each day.The company operates a franchised distribution system dating from 1889 where The Coca-Cola Company only produces syrup concentrate which is then sold to various bottlers throughout the world who hold an exclusive territory. The Coca-Cola Company owns its anchor bottler in North America, Coca-Cola Refreshments.
 
Its stock is listed on the NYSE and is part of DJIA, S&P 500 Index, the Russell 1000 Index and the Russell 1000 Growth Stock Index. Its current chairman and chief executive is Muhtar Kent.
 
Acquisitions
The company has a long history of acquisitions. Coca-Cola acquired Minute Maid in 1960,the Indian cola brand Thums Up in 1993,and Barq's in 1995.In 2001, it acquired the Odwalla brand of fruit juices, smoothies and bars for $181 million.In 2007, it acquired Fuze Beverage from founder Lance Collins and Castanea Partners for an estimated $250 million. The company's 2009 bid to buy a Chinese juice maker ended when China rejected its $2.4 billion bid for the Huiyuan Juice Group on the grounds that it would be a virtual monopoly. Nationalism was also thought to be a reason for aborting the deal.In 1982, Coca-Cola made its only non-beverage acquisition, when it purchased Columbia Pictures for $693 million. It sold the movie studio to Sony for $1.5 billion in 1989.
 
Revenue 
The Coca-Cola Company's Minute Maid group North America offices in Sugar Land Town Square, Sugar Land, Texas, United States
 
According to the 2005 Annual Report,the company sells beverage products in more than 200countries. The report further states that of the more than 50 billion beverage servings of all types consumed worldwide every day, beverages bearing the trademarks owned by or licensed to Coca-Cola account for approximately 1.5 billion (the latest figure in 2010 shows that now they serve 1.6 billion drinks every day). Of these, beverages bearing the trademark "Coca-Cola" or "Coke" accounted for approximately 78% of the company's total gallon sales.
 
Also according to the 2007 Annual Report, Coca-Cola had gallon sales distributed as follows:
42% in the United States
37% in Mexico, India, Brazil, Japan and the People's Republic of China
20% spread throughout the rest of the world
 
In 2010, it was announced that Coca-Cola had become the first brand to top £1 billion in annual UK grocery sales
 
 
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