ACCBC Chief Executive Nicolas Nusmeier: Eager to innovate.
Your feedback is important to us!
We invite all our readers to share with us their views and comments about this article.
Disclaimer: Comments submitted by third parties on this site are the sole responsibility of the individual(s) whose content is submitted. The Daily Star accepts no responsibility for the content of comment(s), including, without limitation, any error, omission or inaccuracy therein. Please note that your email address will NOT appear on the site.
Alert: If you are facing problems with posting comments, please note that you must verify your email with Disqus prior to posting a comment. follow this link to make sure your account meets the requirements. (http://bit.ly/vDisqus)
Regional beverage manufacturer Aujan Coca-Cola Beverages Company is planning to substantially increase its investment in Lebanon, after this month acquiring a majority stake in the National Beverage Company, the bottler and distributor of Coca-Cola in Lebanon".ACCBC acquired its 80 percent stake in NBC from Transmed, a regional consumer products distributor that was established in Lebanon more than 60 years ago and still retains a 20 percent share. "It is not so much about the initial investment, but much more about the investment in the market, in products and things that are of interest to Lebanese consumers," Nusmeier said.He added that ACCBC would capitalize on its future investments in NBC to boost its sales of locally manufactured products outside Lebanon.
Aoun playing with fire, but not the only one to blame
Lebanese set sights on Cuba investment opportunities
Lebanon onshore oil and gas ‘promising’
FOLLOW THIS ARTICLE