As per the announcement made on 6 August 2021, CCI signed a Share Purchase Agreement with The State Assets Management Agency of the Republic of Uzbekistan ("UzSAMA") as the winner in the open sale process to privatize Coca-Cola Bottlers Uzbekistan, Ltd ("CCBU"). 

Closing of the transaction was subject to the receipt of relevant and customary approvals including governmental approvals; these have been received, and the acquisition was completed officially today.

As a result of completion, and in consideration for a purchase price of USD 252.28 million paid to UzSAMA, CCI has become the holder of a 57.118% stake in CCBU. The remaining stake in CCBU is held indirectly by The Coca-Cola Company. 

Tuncay Özilhan, Chairman of CCI and Anadolu Group, stated: "We are proud to take a new step that will enrich and deepen the relations between Uzbekistan and Turkey, two sibling countries with strong historical and cultural ties. Anadolu Group has a long history of investment in Central Asia. We always believed in the region's potential. The results of each of our investment decisions always proved the rationality of our confidence. As Anadolu Group, we wish to continue our investments to create employment for the Uzbek people and add value to the country's economy."

Commenting on the acquisition, Mr. Burak Başarır, CEO of CCI stated: "We are very pleased that the open sale process resulted in success for us and we are very excited to have the opportunity of becoming the majority shareholder of CCBU. This transaction strengthens our position as one of the strongest partners within the Coca-Cola System. It further serves our vision to be the best FMCG player in our geographies. We have great regard for CCBU's people and history as a local Coca-Cola bottler. We intend to grow CCBU's business and develop its capabilities across the board, to the benefit of consumers, employees, the community and the Uzbek state. We also strongly believe in the tremendous growth potential that the Uzbek soft drinks market possesses for sustainable and profitable growth in the short to mid-term. This is in line with our quality growth algorithm. Uzbekistan is the largest Central Asian country in terms of population yet has one of the lowest per capita NARTD per Cap consumption levels. It fits perfectly in our operating region and we are confident that we can leverage our experience and learnings of operating in this region for nearly 30 years."

Evguenia Stoichkova, President, Eurasia & Middle East Operating Unit, The Coca-Cola Company, said: "Coca-Cola has been refreshing Uzbek consumers for over 3 decades and we thank Coca-Cola Bottlers Uzbekistan for their continued support in this journey. In Uzbekistan and across the world we operate as a system between The Coca-Cola Company and a Bottling partner on the ground. CCI has been a valuable partner across Central Asia, investing for growth and building strong teams. This transaction in Uzbekistan, provides great opportunities to further grow our business in the region, build strong, valuable brands, and serve our customers with their choice of beverages." 

 "We believe Uzbekistan has a bright future with great opportunities ahead and we at Coca-Cola are committed to contributing towards the best for the country and communities", she added.