The Coca-Cola Company and Bacardi Limited Announce Plans to Debut BACARDÍ & Coca-Cola Ready-To-Drink Cocktail
17 September 2024 - 5:00PM
Business Wire
The Coca-Cola Company and Bacardi Limited today announced an
agreement to debut BACARDÍ rum and Coca-Cola as a ready-to-drink
(RTD) pre-mixed cocktail.
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the full release here:
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BACARDÍ rum and Coca-Cola ready-to-drink
(RTD) pre-mixed cocktail (Photo: Business Wire)
BACARDÍ Mixed with Coca-Cola RTD will be available in several
markets around the world, with the initial launch planned for
select European markets and Mexico in 2025.
“We are continuing to develop our portfolio as a total beverage
company, including in the growing alcohol ready-to-drink market,”
said James Quincey, Chairman and CEO of The Coca-Cola Company.
“This new relationship with Bacardi Limited supports our strategic
expansion, and we look forward to the introduction of BACARDÍ Mixed
with Coca-Cola next year.”
“We are excited to bring together two iconic brands so that
consumers may enjoy one of the most world’s most popular cocktails
– first invented generations ago with BACARDÍ rum and Coca-Cola –
in a high-quality, convenient format,” said Mahesh Madhavan, CEO of
Bacardi Limited. “Through this relationship, we will expand our
reach and accessibility so that even more consumers of legal
drinking age can enjoy this classic BACARDÍ rum and Coca-Cola
cocktail.”
BACARDÍ Mixed with Coca-Cola RTD packaging will feature two of
the world’s most recognizable global trademarks. Family-owned
Bacardi was first established in 1862 in Cuba before moving to
Bermuda, while Coca-Cola debuted in 1886 in Atlanta.
This is not the first time the two brands have come together. In
1900, the Cuba Libre cocktail was invented using BACARDÍ rum,
Coca-Cola and lime at the American Bar in Havana. The combination
of the most-awarded rum and the world’s most popular soft drink
remains among the top bar calls globally.
Cans will include clear responsibility symbols stating that the
drink is to be enjoyed only by consumers of legal drinking age.
BACARDÍ Mixed with Coca-Cola RTD will adhere to responsible
marketing practices held by The Coca-Cola Company and Bacardi
Limited.
The global benchmark for alcohol beverage volume (ABV) is 5% but
will vary depending on the market.
About The Coca-Cola Company
The Coca-Cola Company (NYSE: KO) is a total beverage company
with products sold in more than 200 countries and territories. Our
company’s purpose is to refresh the world and make a difference. We
sell multiple billion-dollar brands across several beverage
categories worldwide. Our portfolio of sparkling soft drink brands
includes Coca-Cola, Sprite and Fanta. Our hydration, sports, coffee
and tea brands include Dasani, smartwater, vitaminwater, Topo
Chico, BODYARMOR, Powerade, Costa, Georgia, Gold Peak and Ayataka.
Our nutrition, juice, dairy and plant-based beverage brands include
Minute Maid, Simply, innocent, Del Valle, fairlife and AdeS. We’re
constantly transforming our portfolio, from reducing sugar in our
drinks to bringing innovative new products to market. We seek to
positively impact people’s lives, communities and the planet
through water replenishment, packaging recycling, sustainable
sourcing practices and carbon emissions reductions across our value
chain. Together with our bottling partners, we employ more than
700,000 people, helping bring economic opportunity to local
communities worldwide. Learn more at www.coca-colacompany.com and
follow us on Instagram, Facebook and LinkedIn.
About Bacardi Limited
Bacardi Limited, the world’s largest privately held
international spirits company, produces, markets, and distributes
spirits and wines. The Bacardi Limited portfolio comprises more
than 200 brands and labels, including BACARDÍ® rum, PATRÓN®
tequila, GREY GOOSE® vodka, DEWAR’S® Blended Scotch whisky, BOMBAY
SAPPHIRE® gin, MARTINI® vermouth and sparkling wines, CAZADORES®
100% blue agave tequila, and other leading and emerging brands
including WILLIAM LAWSON’S® Scotch whisky, D’USSÉ® Cognac, ANGEL’S
ENVY® American straight whiskey, and ST-GERMAIN® elderflower
liqueur. Founded more than 162 years ago in Santiago de Cuba,
family-owned Bacardi Limited currently employs more than 8,000,
operates production facilities in 11 countries and territories, and
sells its brands in more than 160 markets. Bacardi Limited refers
to the Bacardi group of companies, including Bacardi International
Limited. Visit http://www.bacardilimited.com or follow us on
LinkedIn or Instagram.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20240917932386/en/
The Coca-Cola Company: Investors and Analysts: Robin
Halpern, koinvestorrelations@coca-cola.com Media: Scott Leith,
sleith@coca-cola.com
Bacardi Limited: Media: Jessica Merz,
jmerz@bacardi.com
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