Swire Coca-Cola, USA has completed the refranchising of territories in Arizona and New Mexico from The Coca-Cola Company.

This deal also includes the acquisition of eight sales and distribution facilities in these territories. It builds on the Utah-based Swire Coca-Cola’s expanding presence in the US; it now operates in 13 western states.

Before the purchase, Swire Coca-Cola had smaller territories in Arizona and New Mexico.

"Swire Coca-Cola’s choice to expand in Arizona is an endorsement of the state’s thriving, business-friendly environment."

With this deal, Swire Coca-Cola’s workforce has increased by 1,450 employees.

Swire Coca-Cola, USA president and CEO Jack Pelo said: “We are excited to finalise this deal with The Coca-Cola Company.

“New territories and more employees mean more opportunities to serve more customers, in more places. I am eager to bring Swire’s commitment to excellence to our new customers and communities.”

Arizona Governor Doug Ducey said: “Swire Coca-Cola’s choice to expand in Arizona is an endorsement of the state’s thriving, business-friendly environment.

“We welcome Swire Coca-Cola and I look forward to toasting their success with an ice cold Coca-Cola.”

Swire Coca-Cola, USA is a part of the beverages unit of Swire Pacific Limited.

Swire Coca-Cola, USA manufactures and distributes Coca-Cola and other beverages, including more than 300 brands across 13 states.