Headlines

Aujan Coca-Cola to Boost Lebanese Assets

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.“In the mid-term range, anywhere from three to five years, we will invest substantially more than the initial purchase of our 80 percent stake in NBC,” Nicolas Nusmeier, CEO of ACCBC told The Daily Star in an interview. (Zawya/The Daily Star)