What Companies Are Owned By Coca Cola In 2023?

In the ever-expanding world of corporate conglomerates, few names are as ubiquitous as Coca-Cola. The iconic soft drink giant has been quenching thirst and dominating the beverage industry for over a century.

However, Coca-Cola’s reach extends beyond just sodas, as the company has been steadily acquiring and diversifying its portfolio for years. So, what companies will be owned by Coca-Cola in 2023?

In this article, we’ll dive into the vast empire that Coca-Cola has built and explore the range of brands and subsidiaries that fall under its umbrella. Whether you’re a die-hard fan of Coca-Cola’s classic cola, or just curious about the extent of its global influence, this is the article for you.

Who Are The Major Companies And Brands Under The Coca-Cola Umbrella?

The well-known brands included Coca-Cola, Sprite, Fanta, Minute Maid, Honest Tea, Powerade, and Costa Coffee.

The company also owns several regional and local brands in various markets, such as Thums Up and Maaza in India, Bonaqua in China, and Inca Kola in Peru. In addition to these brands, Coca-Cola had several subsidiaries and affiliates that operated across the beverage industry.

This includes Coca-Cola Bottlers, Coca-Cola HBC, Coca-Cola European Partners, Coca-Cola FEMSA, and Coca-Cola Amatil, among others.

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What are Coca-Cola’s acquisitions and mergers?

Coca-Cola has a long history of mergers and acquisitions, and providing a comprehensive list of all its deals is challenging. However, here are some of Coca-Cola’s notable acquisitions and mergers:

  • Minute Maid (1960): Coca-Cola acquired Minute Maid, a juice company based in the United States, and has since expanded its juice portfolio to include brands like Simply Orange, Del Valle, and Innocent.
  • Columbia Pictures (1982): Coca-Cola purchased Columbia Pictures Industries for $750 million but sold the company to Sony in 1989.
  • Barq’s (1995): Coca-Cola acquired Barq’s Root Beer, which has since become one of its most popular soda brands.
  • Odwalla (2001): Coca-Cola acquired Odwalla, a juice company known for its smoothies and health drinks.
  • Glaceau (2007): Coca-Cola purchased Glaceau, the maker of Vitaminwater, for $4.1 billion.
  • Costa Coffee (2018): Coca-Cola acquired Costa Coffee, one of the world’s largest coffee chains, for $5.1 billion.
  • BodyArmor (2018): Coca-Cola purchased a minority stake in BodyArmor, a sports drink brand that has since become a significant competitor to PepsiCo’s Gatorade.
  • Topo Chico (2020): Coca-Cola acquired Topo Chico, a famous sparkling water brand in Mexico, for $220 million.

These are just a few of Coca-Cola’s many acquisitions and mergers. The company has also invested in various startups and smaller brands through its Coca-Cola Founders platform.

How have Coca-Cola’s holdings and investments changed compared to previous years?

Historically, Coca-Cola’s holdings and investments have changed significantly as the company has pursued various growth strategies and responded to changing market conditions.

For example, in the early years of Coca-Cola’s history, the company focused primarily on building its core soda brands and expanding into new geographies. However, in the 21st century, the company has diversified its portfolio to include a broader range of beverages, such as juices, teas, coffees, and energy drinks.

As mentioned in a previous answer, Coca-Cola has also acquired several new brands and companies over the years. It has made strategic investments in startups and emerging brands through its Coca-Cola Founders platform.

Coca-Cola’s holdings and investments have evolved to reflect changing consumer preferences and market dynamics. The company’s holdings and acquisitions may have continued to grow since my training cutoff date, but further information is necessary to say for sure.

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What is the current state of Coca-Cola’s diversification strategy?

Historically, Coca-Cola has pursued a diversification strategy that has expanded its brand portfolio to include a range of beverages beyond its core soda offerings. This strategy has involved acquiring or investing in companies and brands in categories such as juices, teas, coffees, and energy drinks.

One of Coca-Cola’s critical drivers for this diversification strategy is responding to changing consumer preferences and market dynamics as consumers seek healthier and more diverse beverage options. In recent years, Coca-Cola has also been focused on innovation and product development to bring new offerings to the market and differentiate itself from competitors.

However, it’s worth noting that while Coca-Cola has expanded its portfolio in recent years, its core soda brands still account for a significant portion of the company’s revenue. This suggests that while diversification is an essential strategy for Coca-Cola, the company continues to rely heavily on its core brands as a significant source of income and profitability.

Coca-Cola’s diversification strategy may have continued to evolve since my training cutoff date, but it’s only possible to say for sure with further information.

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What Companies are Owned by Coca-Cola in 2023?

Coca-Cola

Coca-story Cola’s began in 1886 when Dr. John Pemberton created a unique-tasting soft drink that became known as Coca-Cola. Coca-Cola is now available in a variety of sweetener and flavor options.

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Sprite

Sprite, according to RockHillCoke.com, was invented in West Germany in 1959. Fanta initially marketed it as “Clear Lemon Fanta.” It was eventually introduced to the United States under the “Sprite.” It’s famous for its clean, crisp lemon-lime flavor and as a thirst-quenching beverage.

Fanta

According to Coca-website, Cola’s these brightly colored and carbonated sodas, typically in fruit flavors, were first introduced in 1940. It is the second oldest Coca-Cola product brand. It is one of the companies owned by Coca-Cola.

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Dasani Purified Water

In 1999, Coca-Cola introduced Dasani. They are a top-selling water brand in the United States. Dasani combines “the process of reverse osmosis filtration with a proprietary blend of minerals to deliver a fresh, clean taste,” according to the website.

SmartWater

According to the website, Coca-Cola also sells smart water, vapor-distilled water “inspired by the clouds,” and contains added electrolytes. It is one of the companies owned by Coca-Cola.

The Minute Maid

Minute Maid is a famous juice brand that offers over 100 different flavors and varieties of juice, including orange juice, apple juice, lemonades, and punches. It is one of the companies owned by Coca-Cola.

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Innocent

According to the company, innocent drinks combine the best for you and what tastes good, “giving you the taste of a guilty pleasure with the natural, healthy drinks that help you live well.” It makes smoothies, coconut water, juice, and children’s beverages.

Georgia Coffee

Georgia Coffee is not only famous in the United States; according to Coca-website, Cola’s is Japan’s leading coffee brand, “offering quality, canned coffee since 1975.” It is one of the companies owned by Coca-Cola.

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Costa Coffee

Two brothers founded Costa Coffee over 45 years ago. It began as “the UK’s favorite coffee shop,” but it is now available worldwide. It is one of the companies owned by Coca-Cola.

Fuze tea

Fuze Tea’s beverages contain a combination of juice and tea extracts. It gets its tea extracts from “specially selected farms that are independently certified to help the economic development of local communities,” according to the website.

Honest

Honest drinks are organic, low- to no-sugar beverages that use Fair Trade ingredients whenever possible. Fair Trade Certified tea leaves and cane sugar are available. It is one of the companies owned by Coca-Cola.

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fairlife

The fairlife milk company was founded about 20 years ago with the “ambition to provide the world with better nutrition while making it a better place,” according to the website.

Powerade

Powerade is an electrolyte drink similar to gatorade, which comes in several flavors and types.

Ciel

Coca-Cola enters the water market with Ciel, a third company that only sells pure water. The slogan of the water is “Hydrate your mind and body, Be alive.” It is one of the companies owned by Coca-Cola.

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Schweppes

Schweppes is one of the most established brands in Coca-portfolio. Cola’s Schweppes began in 1783 with tonic water, regarded as “the world’s first soft drink.” Jacob Schweppe, the company’s founder, was perfecting the art of carbonating beverages and patenting his method of producing mineral water.

Vitaminwater

Vitaminwater drinks are vitamin and electrolyte-enhanced beverages that come in various flavors, many of which are low-calorie.

Gold Peak

Gold Peak “delivers home-brewed flavor in every sip, no matter how far away you are.” The brand wants its tea-based drinks to evoke feelings of comfort and home.

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Appletiser

Appletiser keeps things simple by only producing one product: a non-alcoholic sparkling apple juice with no added sugar or preservatives.

Topo Chico

Since 1895, Topo Chico water has been sourced and bottled in Monterrey, Mexico. It is one of the most famous sparkling mineral water brands and comes in various flavors.

AdeS

This Argentine brand was founded in 1988 and is Latin America’s leading soy-based beverage brand. Its name is from the Spanish acronym “Alimentos de Semillas” (food from seeds). Ade’s beverages include seed blends (soy, coconut, almond, etc.) with fruit juices, other flavors, vitamins, and minerals.

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Fresca

Fresca has been around since 1966, but it updated its packaging recently. All Fresca drinks have a citrus undertone. It is one of the companies owned by Coca-Cola.

I LOHAS

I LOHAS is a Japanese brand that is very popular in its home country. There are Sugar-free flavorings in the purified water.

Ayataka

Ayataka is a Japanese green tea with a “cloudy hue and a well-rounded flavor that lingers on the tongue, just as Japanese green tea brewed in a pot should,” according to the company’s website.

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Barq’s

Since 1898, Barq’s Root Beer has been on sale under the slogan “Drink Barq’s. It’s good.” There’s no reason to improve on what’s already working. It is one of the companies owned by Coca-Cola.

Dogadan

According to its website, this Turkish tea company has produced “quality, healthy, and innovative tea products” since 1975.

Peace Tea

This tea brand sells an attitude of fun, joy, and “good vibes” through colorful, playful packaging and some cutely named teas (“Caddy Shack,” anyone?).

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Frequently Asked Questions

How many brands and companies does Coca-Cola own in 2023? 

Giving an exact number is difficult, as Coca-Cola’s portfolio constantly evolves. However, as of 2023, the company owns many brands and companies across the beverage industry, ranging from sodas to energy drinks, juices to coffees, and much more.

What is the extent of Coca-Cola’s ownership in other companies in 2023?

Coca-Cola’s ownership in other companies can vary widely. In some cases, the company may own a controlling stake in a subsidiary or brand, while others may have a smaller ownership share. The extent of its ownership can also change over time as the company acquires or divests from different brands and businesses.

What is Coca-Cola’s strategy for acquiring and investing in other companies? 

Coca-Cola’s strategy for acquiring and investing in other companies is multifaceted. The company looks for brands and businesses that can help it expand into new markets, diversify its portfolio, and reach new consumers. It also seeks out companies aligning with its sustainability and social responsibility values.

Are there any new companies or brands that Coca-Cola has acquired in 2023?

As of 2023, it’s likely that Coca-Cola has continued to acquire and invest in new companies and brands. However, the specific acquisitions that the company has made may be known once they are publicly announced.

How does Coca-Cola’s ownership of other companies impact the beverage industry? 

Coca-Cola’s ownership of other companies can significantly impact the beverage industry. By acquiring and investing in a diverse range of brands and businesses, Coca-Cola can shape consumer trends and drive innovation in the industry. It also can create more significant consolidation and competition within the market.

Conclusion

Coca-Cola’s empire has grown far beyond just a simple soda company. From energy drinks to coffee, juices to teas, and even alcoholic beverages, Coca-Cola’s portfolio is vast and diverse. As we’ve seen, the company’s strategy of acquiring and investing in other brands and companies has allowed it to expand its reach and remain a dominant force in the beverage industry.

With its eye firmly fixed on the future, it’s clear that Coca-Cola will continue to innovate and adapt to changing consumer trends while maintaining its commitment to quality and sustainability. So, whether you’re enjoying a classic Coke, a refreshing juice, or a bold energy drink, you can be sure it’s all part of the Coca-Cola family in 2023 and beyond.

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