La Tondena water and juice operations transferred

Philippine hard liquor firm La Tondena Distillers reported to the press that a transaction transferring its water and juice operations to Coca-Cola Bottlers Philippines (CCBPI) is now completed.
La T…

Philippine hard liquor firm La Tondena Distillers reported to the press that a transaction transferring its water and juice operations to Coca-Cola Bottlers Philippines (CCBPI) is now completed. La Tondena is a unit of food and beverage firm San Miguel Corp. , with CCBPI jointly owned by San Miguel and The Coca-Cola Co. In March this year, La Tondena signed an agreement with San Miguel and The Coca-Cola Co., allowing the American-based firm to acquire La Tondena“s water and juice brands and transfer them to CCBPI.