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Bloomberg Quint

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Jubilant Foodworks Inks Pact With Coca-Cola To Buy Sparkling Beverage, Other Products Portfolio

  • Jubilant FoodWorks has entered into an agreement with Coca-Cola India to buy the portfolio of sparkling beverage and other products.
  • Jubilant FoodWorks, a subsidiary of Jubilant Bhartia Group, will conduct marketing activities for the products as per the pact.
  • A master agreement will be executed between the parties starting from April 2025, based on the terms mentioned in the MoU.
  • The acquisition will enhance Jubilant FoodWorks' consumer offerings and aligns with Jubilant Bhartia Group's strategy of diversifying business interests.

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