Mutare Bottling Company Manufacturing Site. Image Credit: Business Daily

Mutare Bottling Company is a bottling company based in Mutare which bottles CocaCola International products for Zimbabwe's southern region. It holds the Coca-Cola franchise for the region. The company was founded in 1950 by the Goldberg family which now owns a minority stake in the business through an investment vehicle called Northunderland Investments.[1]

Since 2007, MBC is owned 69 percent by Econet Wireless Zimbabwe through Pentamed Investments, including a 6 percent shareholding in the form of convertible instruments. The remainder is owned by the Goldberg family.[2] MBC holds the Coca-Cola franchise for the Manicaland region.[3]

MBC employs an excess of 250 people.[3]


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References

  1. Kenneth Matimaire, Econet not selling MBC, Financial Gazette, Published:20 Nov 2014, Retrieved:14 June 2014
  2. Econet not selling MBC, Financial Express, Published:9 April 2014, Retrieved:9 April 2014
  3. 3.0 3.1 Mutare Bottling commissions $17mln plant, New Zimbabwe, Published:3 February 2014, Retrieved:9 April 2014