What is the new name of Coca-Cola in the Philippines?
Coca-Cola Beverages Philippines, Inc. officially changed its legal corporate name to Coca-Cola Europacific Aboitiz Philippines Inc.. This major renaming initiative followed the completion of a joint acquisition partnership between Coca-Cola Europacific Partners and Aboitiz Equity Ventures, reflecting the unified ownership structure governing local bottling, distribution, and manufacturing plants across the country.
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The Coca-Cola Company is not owned by the Aboitiz group, as it operates globally as an independent publicly traded American multinational corporation owned by millions of institutional and retail shareholders worldwide.
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