Swire Beverages (rebranded as Swire Coca-Cola in 2019) completed the acquisition of new franchise territories in the Chinese mainland following a refranchising initiative by The Coca-Cola Company’s Bottling Investments. Swire Coca-Cola now owns 18 bottling plants in 11 provinces and the Shanghai municipality, selling the Coca-Cola family of beverages to half the country’s population – over 650 million people.