Coca-Cola mulls a bid for the 145-year-old malted milk drink maker Horlicks


  • The soft drinks firm has held early talks with Horlicks owner GSK 
  • Coca-Cola could face competition from Kraft Heinz and Nestle 
  • Any sale would likely include GSK’s 72.5% stake in India-listed GSK Consumer Healthcare

City & Finance Reporter for the Daily Mail

Coca-Cola is mulling a bid for malted milk drink maker Horlicks

Coca-Cola is mulling a bid for malted milk drink maker Horlicks

Coca-Cola is mulling a bid for malted milk drink maker Horlicks

Coca-Cola is believed to be considering a bid for malted milk drink maker Horlicks.

It has held early talks with Horlicks owner GSK, which has put the 145-year-old brand under review as it tries to drum up cash.

Coca-Cola could face competition from Kraft Heinz and Nestle, who are also thought to have held early talks with GSK.

Any sale would likely include GSK’s 72.5per cent stake in India-listed GSK Consumer Healthcare, which sells Horlicks in India, thought to be worth around £2.3billion.

Horlicks’s origins date back to 1873, when Gloucestershire brothers James and William Horlick first founded a company in Chicago to manufacture the drink.

It now makes most of its sales in India where it is given as a breakfast drink to children. 

It is less popular in the UK, however, where it is often drunk before bedtime. 

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