Coca-Cola bottler to acquire Malawi soft drinks business

Blantyre – Coca-Cola Beverages Africa anticipates commencing operations in Malawi as soon as all regulatory requirements have been successfully concluded. 

This follows the recent approval by COMESA of the transaction between Coca-Cola Beverages Africa and Castel (Southern Bottlers Limited, or SOBO) to acquire Castel’s soft drinks business through Coca-Cola Beverages Africa’s subsidiary Coca-Cola Beverages Limited (CCBL).

Once operations commence, the soft drinks business will have its head office in Lilongwe. Both Blantyre and Lilongwe plants will serve as production, distribution and logistics sites for the newly-formed Coca-Cola Beverages Africa subsidiary.

Malawi is a new territory for Coca-Cola Beverages Africa which has a strong track record in the soft drinks category on the continent and is committed to sustainable growth in existing and new territories.  

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Matthew joined us from the Clicks Group, a JSE Top-40 company, where he has been the Head of Legal and Company Secretary since 2016. In this role Matthew successfully navigated a highly regulated environment, including overseeing compliance with company laws and the JSE Listings Requirements. As company secretary, he managed governance at Board level as well as being the Chairman’s chief of staff. Prior to this, Matthew was a Legal Manager with Anglo American, a major multinational diversified mining group, which includes three companies listed on the JSE, with extensive operations across Southern Africa.

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