Kandhari Global is open to buying out more bottling plants from HCCB

The company is currently in the process of acquiring HCCB's plant in Northern Gujarat, (Sanand) which is reportedly being bought out for around Rs 2,000 crore

Kandhari Global Beverages (KGB) is open to acquiring more bottling plants from Hindustan Coca-Cola Beverages (HCCB). The company is an exclusive franchisee partner for Coca-Cola in six states and three Union Territories in the country.

 

“We would love to make any acquisition to do business with Coca-Cola. It is the best thing that has happened to us. This is the fourth leg of their enfranchising, and we feel humbled that in every stretch of their refranchising, they have considered us to be their long-term partners,” KGB Managing Director (MD) Varinder Pal Singh Kandhari told Business Standard in an interview.

 

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