For the First Time Vault Containing Company’s Most Valuable Trade
Secret On Public Display
Karachi / ATLANTA, December
09, 2011– It hasn’t been moved in 86 years, but today the secret is out – The
Coca-Cola Company has moved the125-year-old secret formula for Coca-Cola to a
new home at the World of Coca-Cola in Atlanta. As the capstone to the 125th
anniversary year of Coca-Cola, the Company is sharing the rich history and
timeless appeal of its secret formula in a brand new exhibit where visitors can
experience the world’s most recognized brand like never before.
For the first time in history,
the vault containing the secret formula will be visible to the public in a
permanent exhibit titled The Vault of the Secret Formula, opening today at the
World of Coca-Cola.
“This is a special day in Coca-Cola history,
and the perfect culmination to our 125th anniversary celebrations this year,”
said Muhtar Kent, Chairman and Chief Executive Officer, The Coca-Cola Company.
“By sharing this secret formula experience with our consumers, we celebrate
both the rich history of the brand’s beginnings and the moments of refreshment
and happiness to come for future generations.
This is yet another way we are recognizing and thanking everyone around
the world who has made the Coca-Cola brand what it is today.”
The Company transferred the
secret formula to the World of Coca-Cola from a vault at SunTrust Bank in
downtown Atlanta where it had been housed since 1925.
“The move of the Coca-Cola secret formula is a
historic moment for the Company,” said Phil Mooney, Director of Archives, The
Coca-Cola Company. “The Company has always gone to great lengths to protect it
and now by safeguarding it at the World of Coca-Cola, we can share its
legendary legacy with people around the world.”
After Dr. John S. Pemberton
invented Coca-Cola in 1886, the formula was kept a close secret, only shared
with a small group and not written down. In 1891, Asa Candler became the sole
proprietor of Coca-Cola after purchasing the rights to the business. Then, in
1919, Ernest Woodruff and a group of investors purchased the Company from
Candler and his family. To finance the purchase Woodruff arranged a loan and as
collateral he provided documentation of the formula by asking Candler’s son to
commit the formula to paper. This was placed in a vault in the Guaranty Bank in
New York until the loan was repaid in 1925. At that point, Woodruff reclaimed
the secret formula and returned it to Atlanta and placed it in the Trust
Company Bank, now SunTrust, where it remained until its recent move to the
World of Coca-Cola.
Guests to the World of Coca-Cola
can feel closer than ever before to the secret formula. At The Vault of the
Secret Formula exhibit, visitors will learn about the most closely guarded
trade secret in history through an immersive multimedia experience that
celebrates the rich history, mythology and intrigue around the secret formula.
While The Coca-Cola Company
started with this secret formula 125 years ago, the secret to its success has
grown far beyond the formula today.
“Any stakeholder who is part of our global
system, from a local community partner in countries around the world to someone
who simply loves our brands, is part of our secret to success,” said Kent. “It
is this recipe for success that gives us the confidence to fulfill our 2020
Vision: to sustainably grow our business and continue to help build a better
world and future for everyone, everywhere.”
As part of the 2020 Vision, the
Company plans to double its system revenue from 2010 to 2020. The Company also has
set sustainability goals as part of its commitment to being a good steward of
the environment and a partner with communities around the world.
Today’s grand opening celebration
event featured performances by the Coca-Cola 125th Chorus, and the Latin Grammy
nominated Mexican singer-songwriter Ximena Sariñana. The Coca-Cola 125th Anniversary Chorus is
a group of young people from the Atlanta
area conducted by Francisco Núñez, founder and the acclaimed artistic director
of the Young People's Chorus of New York City.
The Coca-Cola Company
The Coca-Cola Company (NYSE: KO)
is the world's largest beverage company, refreshing consumers with more than
500 sparkling and still brands. Led by
Coca-Cola, the world's most
valuable brand, our Company’s portfolio features 15 billion dollar brands
including Diet Coke, Fanta, Sprite, Coca-Cola Zero, vitamin water, Powerade,
Minute Maid, Simply, Georgia and Del Valle. Globally, we are the No. 1 provider
of sparkling beverages, ready-to-drink coffees, and juices and juice drinks.
Through the world's largest beverage distribution system, consumers in more
than 200 countries enjoy our beverages at a rate of 1.7 billion servings a day.
With an enduring commitment to building sustainable communities, our Company is
focused on initiatives that reduce our environmental footprint, support active,
healthy living, create a safe, inclusive work environment for our associates,
and enhance the economic development of the communities where we operate.
Together with our bottling partners, we rank among the world’s top 10 private
employers with more than 700,000 system employees. For more information, please
visit www.thecoca-colacompany.com or follow us on Twitter at
twitter.com/CocaColaCo.
The World of Coca-Cola
At the World of Coca-Cola,
experience the fascinating story of the world’s most famous soft drink in a
dynamic, multimedia attraction featuring a fully-functioning bottling line that
produces a complimentary 8 oz. glass bottle of Coca-Cola for each and every
guest to take home. View over 1,200 never-before-displayed artifacts ranging
from vintage bottles to a 1939 Coca-Cola delivery truck from Argentina. The
thrilling, multi-sensory 4-D movie experience, In Search of the Secret Formula,
puts you right in the action. Tempt your taste buds with over 60 different
beverages made by The Coca-Cola Company from around the world in Taste It!
Experience something new and inviting around every corner of the World of
Coca-Cola.
The World of Coca-Cola is located
at 121 Baker Street in Pemberton Place, adjacent to the Georgia Aquarium in
downtown Atlanta and is accessible via the Peachtree Center or CNN/ World
Congress Center MARTA stations. Consumers with questions about the attraction
may call 1-800-676-COKE or visit our website at www.worldofcoca-cola.com to
purchase timed tickets.
###
Note to Editors: Photos and video
to accompany this press release can be found at the Press Center area at www.thecoca-colacompany.com.












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