Who owns Coca Cola Company?
The Coca-Cola Company is an American multinational beverage corporation, Coca-Cola acquired Minute Maid in 1960 for an undisclosed amount. In 1982, it acquired the movie studio Columbia Pictures for $692 million. Coca-Cola advertising has “been among the most prolific in marketing history,” with a notable and major impact on popular culture and society as a…
The Coca-Cola Company is an American multinational beverage corporation, Coca-Cola acquired Minute Maid in 1960 for an undisclosed amount. In 1982, it acquired the movie studio Columbia Pictures for $692 million.
Coca-Cola advertising has “been among the most prolific in marketing history,” with a notable and major impact on popular culture and society as a whole. The company in recent years has spent approximately an annual $4 billion globally to promote its drinks to the public; and spent approximately $4.24 billion on advertising in the fiscal year 2019, the lion’s share of which was spent to advertise Coca-Cola.
Who owns Coca Cola Company?
Coca-Cola Company was founded in 1892, best known as the producer of Coca-Cola. The Coca-Cola Company also manufactures, sells, and markets other non-alcoholic beverage concentrates and syrups, and alcoholic beverages.
American businessman Asa Griggs Candler purchased the Coca-Cola formula and brand, forming the Coca-Cola Company in Atlanta in 1892. By 1895, Coca-Cola was being sold in every state in the union. In 1919, the company was sold to Ernest Woodruff’s Trust Company of Georgia.
As of now, The Coca‑Cola Company is a public company that trades its shares on the New York stock exchange – so we are ‘owned’ by our thousands of shareholders and investors around the world.
