Coca-Cola Europacific Aboitiz Philippines, Inc. (CCEAPI, founded as Coca-Cola Bottlers Philippines, Inc.), also formerly known as Coca-Cola Beverages Philippines, Inc. and Coca-Cola FEMSA Philippines, Inc., is a

Philippine The Philippines, officially the Republic of the Philippines, is an Archipelagic state, archipelagic country in Southeast Asia. Located in the western Pacific Ocean, it consists of List of islands of the Philippines, 7,641 islands, with a tot ...

-based company engaged in the bottling and distribution of

Coca-Cola Coca-Cola, or Coke, is a cola soft drink manufactured by the Coca-Cola Company. In 2013, Coke products were sold in over 200 countries and territories worldwide, with consumers drinking more than 1.8 billion company beverage servings ...

products in the country.

History

In 1927,

San Miguel Corporation San Miguel Corporation (), abbreviated as SMC, is a Philippine multinational conglomerate with headquarters in Mandaluyong, Metro Manila. The company is one of the largest and most diversified conglomerates in the Philippines. Originally fo ...

(then known as the original San Miguel Brewery, Inc.) became the first international bottler of

. In 1981, San Miguel spun off its soft drink businesses to a new company named Coca-Cola Bottlers Philippines, Inc. (CCBPI). The company was established as a joint-venture between

(70%) and

The Coca-Cola Company The Coca-Cola Company is an American multinational corporation founded in 1892. It manufactures, sells and markets soft drinks including Coca-Cola, other non-alcoholic beverage concentrates and syrups, and alcoholic beverages. Its stock is lis ...

(30%).

Coca-Cola Amatil (1997)

In April 1997, CCBPI was merged into the Australia-based Coca-Cola Amatil Limited (CCA). In effect, San Miguel exchanged its 70% interest in a Philippine-only operation (CCBPI) for a 25% stake in CCA, which had operations in 17 countries—both in the Asia-Pacific region and in Eastern Europe. Shortly after, CCA demerged the Eastern European operations into a UK-based firm called Coca-Cola Beverages plc (resulting in a reduction of San Miguel's stake in CCA to 22%). Seeking to maintain its focus on the Asia-Pacific region, San Miguel sold its stake in the new UK entity in mid-1998.

Reacquisition by San Miguel and The Coca-Cola Company (2001)

In July 2001, San Miguel joined forces with

(TCCC) to reacquire CCBPI, with San Miguel taking a 65% stake and TCCC the remaining 35%. As part of the deal, San Miguel sold its CCA shares back to CCA. Later in 2001, San Miguel sold its

bottled water Bottled water is drinking water (e.g., Water well, well water, distilled water, Reverse osmosis, reverse osmosis water, mineral water, or Spring (hydrology), spring water) packaged in Plastic bottle, plastic or Glass bottle, glass water bott ...

(Viva! and Wilkins) and juice businesses (Eight O'Clock), amalgamated under Philippine Beverage Partners, Inc., to CCBPI. In February 2002, San Miguel completed the acquisition of an 83% stake in rival Cosmos Bottling Corporation in a P15 billion ($282 million) deal, completed through CCBPI. Cosmos specialized in low-priced soft drinks and held the number two position in the Philippine market. The combination of Coca-Cola Bottlers Philippines and Cosmos Bottling Corporation gave the San Miguel group control of more than 90% of the Philippine soft-drink market.

The Coca-Cola Company (2007)

In February 2007, The Coca-Cola Company (TCCC) purchased San Miguel's 65% shareholding in CCBPI and subsidiaries for $590 million acquiring the full ownership. In September 2010, TCCC announced its plan to invest US$1 billion in its business in the Philippines over the next five years. Part of this investment is the completion of its newest and technologically advanced Mega Plant in Misamis Oriental in January 2012.

Coca-Cola FEMSA (2013–2018)

On December 14, 2012, TCCC signed a definitive agreement to sell its 51% stake in CCBPI to

Mexico Mexico, officially the United Mexican States, is a country in North America. It is the northernmost country in Latin America, and borders the United States to the north, and Guatemala and Belize to the southeast; while having maritime boundar ...

-based Coca-Cola

FEMSA Fomento Económico Mexicano, S.A.B. de C.V., doing business as FEMSA, is a Mexican multinational beverage and retail company headquartered in Monterrey, Mexico. It operates the largest independent Coca-Cola bottling group in the world and the la ...

, S.A. de C.V., the world's second largest bottler of

, with operations across Central and South America. The all-cash transaction became effective January 25, 2013. The deal price represented a $1,350 million valuation of CCBPI. Coca-Cola FEMSA will have an option to acquire the remaining 49% of CCBPI at any time during the next 7 years and will have a put option to sell its ownership back to TCCC any time during year six. On August 17, 2018, The Coca-Cola Company announced that its Bottling Investments Group (BIG) agreed to acquire the 51% stake in the company held by Coca-Cola

, S.A. de C.V.

Coca-Cola BIG (2018–2024)

In December 2018, BIG completed its acquisition of Coca-Cola FEMSA Philippines' bottling operations. The company was then renamed Coca-Cola Beverages Philippines, Inc. as a reflection of its ambition to build a total beverages company.

Coca-Cola Europacific Partners and the Aboitiz Group (2024-present)

On February 23, 2024, Philippine-based Aboitiz Equity Ventures Inc. (AEV) announced that it has jointly acquired Coca-Cola Beverages Philippines Inc. together with Coca-Cola Europacific Partners (CCEP) for $1.8 billion on a debt-free, cash-free basis. It will hold a 40% stake, while CCEP will take up the remaining 60% stake. The company was renamed to Coca-Cola Europacific Aboitiz Philippines, Inc. effective January 15, 2025 to signify the new ownership.

Brands

Carbonated: * A&W Sarsaparilla *

* Coca-Cola Light (formerly known as Diet Coca-Cola) *

Coca-Cola Zero Sugar Coca-Cola Zero Sugar, commonly known as Coke Zero, is a diet soda produced by the Coca-Cola Company. The drink was introduced in 2005 as Coca-Cola Zero as a new no-calorie cola. In 2017, the formula was modified and the name updated, the announc ...

* Coca-Cola Zero Sugar Vanilla * Coca-Cola Zero Sugar Ultimate Creations * Royal Tru-Orange * Royal Tru-Orange Zero Sugar * Royal Tru-Grape * Royal Tru-Lemon * Sprite * Sprite Zero Sugar * Sprite Lemon+ * Sprite Lemon+ Zero Sugar *

Schweppes Schweppes ( , ) is a soft drink brand founded in the Republic of Geneva in 1783 by the German watchmaker and amateur scientist Johann Jacob Schweppe; it is now made, bottled, and distributed worldwide by multiple international conglomerates, de ...

(

soda water Carbonated water is water containing dissolved carbon dioxide gas, either artificially injected under pressure, or occurring due to natural geological processes. Carbonation causes small bubbles to form, giving the water an effervescent quali ...

ginger ale Ginger ale is a carbonated soft drink flavoured with ginger. It is consumed on its own or used as a mixer, often with spirit-based drinks. There are two main types of ginger ale. The golden style is credited to the Irish doctor Thomas Joseph ...

and

tonic water Tonic water is a carbonated soft drink in which quinine is dissolved. Originally used as a prophylactic against malaria, modern tonic water typically has a significantly lower quinine content and is often more sweetened than the original medic ...

) Water: * Viva! (mineral water) * Wilkins Distilled (distilled water) * Wilkins Pure (purified water) * Wilkins Delight (water-based drink with real fruit juice) * Wilkins Sparkling (plain and flavored) Sports: *

Powerade Powerade is a sports drink created in 1988 and distributed by the Coca-Cola Company. Its primary competitor is Gatorade, which is owned by PepsiCo since 2001. History Powerade was created by the Coca-Cola Company and first released in 1988. Th ...

Energy Drinks: * Monster Energy Drink Juice: *

Minute Maid Minute Maid is an American brand of drink, beverages, usually associated with lemonade or orange juice, but which now extends to soft drinks of different kinds, including Hi-C. Minute Maid is sold under the Cappy (juice), Cappy brand in Central E ...

Nutri+ *

Fresh Dairy: * Nutriboost Tea: * Real Leaf (tea drink) * Real Leaf Frutcy * Fuze Tea Alcoholic beverages: * Lemon-Dou ( Chu-Hi alcoholic lemon cocktail drink) * Jack Daniel's with Coca-Cola * Absolut Vodka with Sprite Formerly available: * Aquarius (plain and flavored water) * Barq's * Cheers * Coca-Cola thêm Cà Phê (also known as Coca-Cola with Coffee) *

Coca-Cola Life Coca-Cola Life was a reduced-calorie version of Coca-Cola introduced in 2013, using a combination of stevia and sugar as sweeteners. It was first released in Argentina and Chile after five years of research together in these countries. The formul ...

* Coca-Cola Vanilla (imported) *

Fanta Fanta () is an American-owned brand of fruit-flavored carbonated soft drinks created by Coca-Cola Deutschland under the leadership of German businessman Max Keith. There are over 200 flavors worldwide. Fanta originated in Germany as a Co ...

* Earth & Sky (tea drink drink mix) * Eight O'Clock (instant juice drink) * First (pure drinking water) * Hero Energy Drink * Hi-C * Jaz Cola *

Lift Lift or LIFT may refer to: Physical devices * Elevator, or lift, a device used for raising and lowering people or goods ** Paternoster lift, a type of lift using a continuous chain of cars which do not stop ** Patient lift, or Hoyer lift, mobile ...

* Magnolia/Eight O'Clock Fun-Chum * Magnolia Zip * Magnolia Fruit Drink * Magnolia Junior Juice *

Mello Yello Mello Yello is a highly caffeinated, citrus-flavored soft drink produced, distributed and created by the Coca-Cola Company that was introduced on March 12, 1979, to compete with PepsiCo's Mountain Dew. According to Donovan, songwriter and perf ...

* Nestea (ready-to-drink) - under license * Nestea Blast (ready to drink iced tea in pouch) * Ponkana (tangerine drink mix) * Pop Cola * Rani Float – under license *

Royal Royal may refer to: People * Royal (name), a list of people with either the surname or given name * A member of a royal family or Royalty (disambiguation), royalty Places United States * Royal, Arkansas, an unincorporated community * Royal, Ill ...

(

and

) * Royal Rootbeer * Royal Wattamelon * Royal Tru-Orange Light * Royal Tru-Dalandan * Royal Tru-Strawberry * Royal Tru-Lychee * Samurai (energy drink) * Sarsi * Sarsi Light * Sparkle * Sprite Ice * Sprite LeBron James Mix (Limited Edition) * Sprite Light/Diet Sprite * Tab (diet cola) * Thunder Super Soda

References

External links

Coca-Cola PhilippinesThe Coca-Cola Company
{{Powerade Tigers Coca-Cola bottlers Drink companies of the Philippines Philippine subsidiaries of foreign companies Companies based in Bonifacio Global City Food and drink companies established in 1981 Philippine companies established in 1981 2001 mergers and acquisitions Joint ventures