Beverage Partners Worldwide Beverage Partners Worldwide was a joint venture between The Coca-Cola Company and Nestlé with headquarters in Zurich, Switzerland . BPW is in the ready-to-drink tea category in the beverage industry . The company manages the Nestea business in 52 countries, collaborating with Coca-Cola bottling partners, who are responsible for production and distribution across its markets.History BPW began in 1991 as Coca-Cola Nestlé Refreshments Company S.A., created to develop the business of ready-to-drink coffee, chocolate and tea around the world . The Coca-Cola Company and Nestlé S.A. are equal partners in the joint venture. On January 30 , 2001, a unit of the venture was renamed as Beverage Partners Worldwide and in 2007 was restructured to focus on developing and marketing ready-to-drink tea, in particular Nestea. In 2012, it was decided to concentrate the operations of the joint venture within Eastern and Western Europe , Canada, Australia, Taiwan, Hong Kong and Macau . News reports indicated that both parties were dissatisfied with the performance of the joint venture. On March 3, 2017 , Nestlé and Coca-Cola had agreed to dissolve BPW venture effective on January 1 , 2018. In this agreement, Nestlé gave Coca-Cola a license to manufacture and distribute Nestea in Canada, Spain, Portugal, Andorra, Romania, Hungary, and Bulgaria. In other countries that remaining part of the venture, Coca-Cola will no longer produce or distribute Nestea.BPW markets The BPW business covers 52 markets spanning Europe, Canada, Australia, Hong Kong , Taiwan and Macau.In Europe , BPW is responsible for the Nestea business in Albania, Andorra, Armenia, Austria, Belarus, Belgium, Bosnia and Herzegovina , Bulgaria, Croatia, Cyprus, Czech Republic , Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Kosovo, Latvia, Liechtenstein, Lithuania, Luxembourg, Macedonia, Malta, Moldova, Monaco, Montenegro, Netherlands, Norway, Poland, Portugal, Romania, Russia, San Marino , Serbia, Slovakia, Slovenia, Spain, Sweden, Switzerland, Ukraine, United Kingdom and Vatican City . Elsewhere in the world , Nestlé directly oversees the Nestea business.BPW and its bottling partners BPW works in collaboration with Coca-Cola bottling partners, who produce, package, distribute and merchandise NESTEA across its markets. Its major bottling partners are Coca-Cola European Partners , Coca-Cola Hellenic Bottling Company , Coca-Cola Refreshments Canada, Coca-Cola Amatil Pty Ltd , Swire Coca-Cola Taiwan and Swire Beverages Limited.
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