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The Coca-Cola Company - Wikipedia, the Free Encyclopedia The Coca-Cola Company - Wikipedia, the free encyclopedia http://en.wikipedia.org/wiki/The_Coca-Cola_Company The Coca-Cola Company AmazonTwitter From Wikipedia, the free encyclopedia 1 of 10 1/ 1/ 011 1:01 AM The Coca-Cola Company - Wikipedia, the free encyclopedia http://en.wikipedia.org/wiki/The_Coca-Cola_Company The Coca-Cola Company Type Public (N(SE: K, (http://www.nyse.com/about/listed /.uick.uote.html/ticker0ko1 1 2ow 3ones Industrial Average Component Industry 6everage Founded 188 Headquarters Atlanta, 9eorgia, :.S. Area served Worldwide Key people Muhtar Kent (Chairman and CE,1;1] Products Coca-Cola Carbonated Soft 2rinks Water ,ther Non-alcoholic beverages; ] ;3] Revenue :S$31.0 6illion (FY 20091 ;3] Operating :S$8. 3 6illion (FY 20091 income ;3] et income :S$5.8 6illion (FY 20091 ;4] Total assets :S$48.A 6illion (FY 20091 ;4] Total equity :S$ 4.8 6illion (FY 20091 Employees 8 ,800 (July 20101 Website ,fficial Website (http://www.thecoca- colacompany.com/1 of 10 1/ 1/ 011 1:01 AM The Coca-Cola Company - Wikipedia, the free encyclopedia http://en.wikipedia.org/wiki/The_Coca-Cola_Company The Coca-Cola Company (N(SE: K, (http://www.nyse.com /about/listed/quickquote.html/ticker0ko) ) is a beverage retailer, manufacturer and marketer of non-alcoholic beverage concentrates and syrups. The company is best known for its flagship product Coca-Cola, invented by pharmacist John Stith Pemberton in 1886. The Coca-Cola formula and brand was bought in 1889 by Asa Candler who incorporated The Coca-Cola Company in 1892. 6esides its namesake Coca-Cola beverage, Coca-Cola currently offers more than 500 brands in over 200 countries or territories and serves 1.6 billion servings each day.;5] The company operates a franchised distribution system dating from 1889 where The Coca-Cola Company only produces syrup concentrate which is then sold to various bottlers throughout the world who hold an exclusive territory. The Coca-Cola Company owns its anchor bottler in North America, Coca-Cola Refreshments. The Coca-Cola Company is headquartered in Atlanta, Georgia. Its stock is listed on the N(SE and is part of D3IA, SFP 500 Index, the ,ne of the Coca-Cola CompanyBs Eussell 1000 Index and the Russell 1000 Growth Stock Index. Its head.uarters buildings in Atlanta current chairman and CE, is Muhtar Kent. Contents 1 History 1.1 Acquisitions 2 Revenue 3 Lobbying 4 Bottlers 5 Criticism 6 Products and brands 7 Sponsorship 8 In video games 9 References 10 Further reading 11 External links History The Coca-Cola Company was originally established in 1892 as the J. S. Pemberton Medicine Company, a co-partnership between Dr. John Stith Pemberton and Ed Holland. The company was formed to sell three main products: Pemberton's French Wine Cola (later known as Coca-Cola1, Pemberton's Indian Queen Hair Dye, and Pemberton's Globe Flower Cough Syrup. In 1894, the company became a stock company and the name was changed to Pemberton Chemical Company. The new president was D. D. Doe while Ed Holland became the new Vice-President. Pemberton stayed on as 3 of 10 1/ 1/ 011 1:01 AM The Coca-Cola Company - Wikipedia, the free encyclopedia http://en.wikipedia.org/wiki/The_Coca-Cola_Company the superintendent. The company's factory was located at No. 107, Marietta St. Three years later, the company was again changed to Pemberton Medicine Company, another co-partnership, this time between Pemberton, A. ,. Murphy, E. H. Bloodworth, and J. C. Mayfield. Finally in October 1898, the company received a charter with an authorized capital of $50,000.The charter became official on January 15, 1899. By this time, the company had eDpanded its offerings to include Pemberton's Orange and Lemon Elixir. Acquisitions The company's recent attempt to buy a Chinese Luice maker was foiled when China reLected its $4.2 billion bid for the Huiyuan Juice Group on the grounds that it would be a virtual monopoly. Nationalism was also thought to be a reason for aborting the deal.;C] Rumours speculated that an American reLection of a bid for UN,CAL by a partly state-owned oil company played a part in the reLection. However, the company has a long history of acquisitions. Coca-Cola acquired Minute Maid in 1960.;A] Coca-Cola acquired the Indian cola brand Thums Up in 1993.;8] it acquired Bar.Bs in 1995.;8]In 2001, it acquired the Odwalla brand of fruit Luices, smoothies and bars for $181 million.;10] In 2007, it acquired Fuze 6everage from founder Lance Collins and Castanea Partners for an estimated $250 million.;11] Revenue According to the 2005 Annual Report,;1 ] the company sells beverage products in more than 200 ;13] countries. The report further states that of the more than 50 billion beverage servings of all types consumed worldwide every day, beverages bearing the trademarks owned by or licensed to Coca-Cola account for approximately 1.5 billion (the latest figure in 2010 shows that now they serve 1.6 billion drinks everyday). Of these, beverages bearing the trademark "Coca-ColaM or "CokeM accounted for approximately 78% of the Company's total gallon sales. Also according to the 2007 Annual Report, Coca-Cola had gallon sales distributed as follows: The Coca-Cola CompanyBs Minute Maid group North America offices 43% in the United States in Sugar Land Town S.uare, Sugar 37% in Mexico,India, Brazil, Japan and the PeopleBs Republic of Land, TeDas, :nited States China 20% spread throughout the rest of the world In 2010 it was announced that Coca-Cola had become the first brand to top £1 billion in annual UK grocery sales .;14] Lobbying In the U.S., Coca-Cola is a maLor lobbying force working to gain favorable legislation for the beverage industry. In both 2005 and 2006, it spent $1 million each year on lobbying. In 2007 that increased to $1.7 million, and by 2008, to $2.5 million. In 2009, total lobbying eDpenses Lumped to $4.5 million, or nearly double the previous year. Much of the increased lobbying eDpenses are due to the industry‘s fight against increased taxes on soft 4 of 10 1/ 1/ 011 1:01 AM The Coca-Cola Company - Wikipedia, the free encyclopedia http://en.wikipedia.org/wiki/The_Coca-Cola_Company drinks and other sweetened beverages.;15] For 2009, Coca-Cola has 38 lobbyists at 7 different firms lobbying on its behalf.;1C] Bottlers Main article: List of assets owned by The Coca-Cola Company In general, The Coca-Cola Company (TCCC1 and/or subsidiaries only produces (or produce1 syrup concentrate which is then sold to various bottlers throughout the world who hold a Coca-Cola franchise. Coca-Cola bottlers, who hold territorially exclusive contracts with the company, produce the finished product in cans and bottles from the concentrate in combination with filtered water and sweeteners. The bottlers then sell, distribute and merchandise the resulting Coca-Cola product to retail stores, vending machines, restaurants and food service Houston Coca-Cola 6ottling distributors. Company ,ne notable exception to this general relationship between TCCC and bottlers is fountain syrups in the United States, where TCCC bypasses bottlers and is responsible for the manufacture and sale of fountain syrups directly to authorized fountain wholesalers and some fountain retailers. Criticism Main article: Criticis of Coca-Cola The Coca-Cola Company has been involved in a number of crime controversies and lawsuits related to its relationship with human rights violations and other perceived unethical practices. A number of lawsuits have been issued in relation to its allegedly monopolistic and discriminatory practices, some of which have been dismissed, some of which have caused The Coca-Cola Company to change its business practices, and some of which have been settled out of court.;1A] It has also been involved in a discrimination case. There have been continuing criticisms regarding the Coca-Cola Company's relation to the Middle East and U.S. foreign policy. An issue with pesticides in groundwater in 2003 led to problems for the company when an Indian N9,, Centre for Science and Environment, announced that it had found cancer causing chemicals in Coca-Cola as well as other soft drinks produced by the company, at levels 30 times that considered safe by the European Economic Commission. This caused an 11 percent drop in Indian Coca-Cola sales.;18];18] The Indian Health Minister said the CSE tests were inaccurate, and said that the governmentBs tests found pesticide levels within IndiaBs standards but above E: standards.; 0]; 1] The UK-based Central Science Laboratory, commissioned by Coke, found its products met E: standards in 2006.; ] Coke and the University of Michigan commissioned an independent study of its bottling plants by The Energy and Resources Institute (TEEI1, which reported in 2008 no unsafe chemicals in the water supply, though it criticized Coke for the impact of its water usage on local supply.; 3] The company has been criticised on a number of environmental issues. Critics claim that the company's overuse of local water supplies in some locations has led to severe shortages for regional farmers and the forced closure of some plants.; 4] Packaging used in Coca-ColaBs products have a significant environmental impact. However, 5 of 10 1/ 1/ 011 1:01 AM The Coca-Cola Company - Wikipedia, the free encyclopedia http://en.wikipedia.org/wiki/The_Coca-Cola_Company the company strongly opposes attempts to introduce mechanisms such as container deposit legislation.; 5] There are charges that the Coca-Cola Company was involved in the violent repression of a union at several of its bottling plants in Colombia, South America.
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