Coca-Cola Company Completes Refranchising Of Bottling Operations In U.S.

(RTTNews) - The Coca-Cola Company (KO) has completed refranchising of company-owned bottling operations in the U.S. Nearly 70 independent Coca-Cola bottlers across the United States are now running their trucks and bottling operations as a fully refranchised system. A fully refranchised system in the U.S. finalizes the installation of Coca-Cola's 21st Century Beverage Partnership Model.

Coca-Cola North America's refranchising plan will conclude with the completion of transactions in Canada and the U.S. Virgin Islands, which are anticipated in the first half of 2018.