Report of Foreign Issuer Pursuant to Rule 13a-16 or 15d-16 (6-k)
24 Fevereiro 2021 - 6:07PM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 6-K
REPORT OF FOREIGN ISSUER
PURSUANT TO RULE 13a-16 OR 15b-16 OF
THE SECURITIES EXCHANGE ACT OF 1934
February 2021
Date of Report (Date of Earliest Event
Reported)
Embotelladora Andina S.A.
(Exact name of registrant as specified
in its charter)
Andina Bottling Company, Inc.
(Translation of Registrant´s name
into English)
Avda. Miraflores 9153
Renca
Santiago, Chile
(Address of principal executive office)
Indicate by check mark whether the registrant
files or will file annual reports under cover Form 20-F or Form 40-F.
Form 20-F x
Form 40-F ¨
Indicate by check mark if the Registrant
is submitting this Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):
Yes ¨ No x
Indicate by check mark if the Registrant
is submitting this Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):
Yes ¨ No x
Indicate by check mark whether the registrant
by furnishing the information contained in this Form 6-K is also thereby furnishing the information to the Commission pursuant
to Rule 12g3-2(b) under the Securities Exchange Act of 1934
Yes ¨ No x
Contacts in Santiago, Chile
Andrés Wainer, Chief Financial Officer
Paula Vicuña, Investor Relations Officer
(56-2) 2338-0520 / paula.vicuna@koandina.com
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February 24,
2021
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The Coca-Cola Company,
the Coca-Cola System in Brazil and HEINEKEN
announce
redesigned distribution partnership in Brazil.
The Coca-Cola Company,
the Coca-Cola System in Brazil and HEINEKEN have reached an agreement (the “Agreement”) to redesign their longstanding
distribution partnership in Brazil. The Agreement marks a new milestone in the relationship among the companies; it re-aligns
the interests of all parties for the future and builds on a solid historical foundation.
As per the Agreement, expected
to become effective mid-2021, the parties will begin a smooth transition of the Heineken® and Amstel brands to HEINEKEN Brazil’s
distribution network. The Coca-Cola System in Brazil will continue to offer Kaiser, Bavaria and Sol, and will complement this portfolio
with premium brand Eisenbahn and other international brands. The Agreement allows the parties to better serve consumers and customers
in the Brazilian market with a solid portfolio, building on the positive momentum developed over many years of successful collaboration.
Additionally, as part of
the redesign of the distribution partnership, the parties will have more flexibility. Subject to certain mutually-agreed upon terms
established in the Agreement, the Coca-Cola System in Brazil will be able to produce and distribute alcoholic beverages and other
beers in a certain proportion to HEINEKEN’s portfolio and HEINEKEN will be able to explore further opportunities in the non-alcoholic
segment. This will allow Brazilian consumers to benefit from a wider array of options.
"This
new agreement in Brazil is in line with our strategy of becoming a total beverage company, as it allows us to continue commercializing
some HEINEKEN brands, while commercializing other beer brands, and other alcoholic beverages." said Miguel Ángel Peirano,
Chief Executive Officer, Coca-Cola Andina
“Our
companies have a long partnership history in Brazil, and we are pleased to reach a new agreement that will serve consumers for
many years to come.” said Luis Felipe Avellar, President Coca-Cola Brazil & South Cone Operations
“I am
very pleased to redefine our distribution partnership with the Coca-Cola System in Brazil. Through a dual route to market, we will
be able to reach and better serve our consumers and customers with our broad portfolio, leveraging two strong distribution systems.”
said Mauricio Giamellaro, Managing Director, HEINEKEN Brazil
“This
new agreement is positive news not only for the parties involved but for our Brazilian clients and consumers as well.” said
Ricardo Mello, President of the Association of Coca-Cola Bottlers in Brazil
The parties have agreed
to an initial term until December 31, 2026 with automatic renewal for another 5-year term subject to the terms of the Agreement.
The Agreement is subject to customary regulatory approvals. As part of the Agreement, the parties have agreed to end the existing
litigation between them relating to the previous distribution agreements.
Coca-Cola
Andina is among the three largest Coca-Cola bottlers in Latin America, servicing franchised territories with almost 54.6 million
people, delivering 734.6 million unit cases or 4,171 million liters of soft drinks, juices, bottled water, beer and other alcoholic
beverages during 2020. Coca-Cola Andina has the franchise to produce and commercialize Coca-Cola products in certain territories
in Argentina (through Embotelladora del Atlántico), in Brazil (through Rio de Janeiro Refrescos), in Chile, (through Embotelladora
Andina) and in all of Paraguay (through Paraguay Refrescos). The Chadwick Claro, Garcés Silva, Said Handal and Said Somavía
families control Coca-Cola Andina in equal parts. The Company's value generation proposal is to become a Total Beverage Company,
using existing resources efficiently and sustainably, developing a relationship of excellence with consumers of its products,
as well as with its collaborators, customers, suppliers, the community in which it operates and with its strategic partner The
Coca-Cola Company, in order to increase ROIC for shareholders in the long term. For more company information visit www.koandina.com.
NYSE: AKO/A; AKO/B
BOLSA DE COMERCIO DE SANTIAGO: ANDINA-A; ANDINA-B
www.koandina.com
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act
of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized, in
the city of Santiago, Chile.
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EMBOTELLADORA ANDINA S.A.
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By:
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/s/ Andrés Wainer
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Name: Andrés Wainer
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Title: Chief Financial Officer
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Santiago, February 24, 2021
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