“The Coca-Cola Co. has been operating in the Philippines for more than 100 years, and we know that long-term, sustainable success is built on strong fundamentals,” Winn Everhart, president and general manager of the Philippines for the Coca-Cola Co., said in a statement.
“In every market’s evolution, there will be ups and downs. We are confident both in the opportunities we have ahead and in the plans we have in place for the Philippines. With the Bottling Investments Group’s depth of experience and solid track record in Southeast Asia, we believe they will bring significant value to our business,” he said.