⁦Company profile⁩⁦Private⁩ / ⁦Non-listed⁩

⁦Khoshgovar Company⁩

⁦Khoshgovar Mashhad Company is a private Iranian producer and distributor of non-alcoholic beverages⁩, ⁦founded in 1957 and operating from Mashhad’s Tous Industrial Town⁩. ⁦Its reported portfolio includes Coca-Cola-licensed soft drinks alongside water⁩, ⁦juices⁩, ⁦malt beverages⁩, ⁦sports drinks and doogh⁩. ⁦The principal constraint for commercial assessment is limited public disclosure on ownership⁩, ⁦financial performance⁩, ⁦distribution reach and the current terms of its licensing relationship⁩.

⁦Listing⁩⁦Private⁩ / ⁦Non-listed⁩
⁦Export⁩⁦Low⁩
⁦Verification⁩⁦Basic⁩
⁦Confidence⁩⁦Medium⁩
⁦Updated⁩28/06/2026
⁦Market Role⁩

⁦Market position⁩

⁦Khoshgovar’s reported position is defined by a long-running licence to produce Coca-Cola Company brands in Iran alongside a broader non-alcoholic beverage range⁩. ⁦Its Mashhad manufacturing base supports participation in multiple beverage categories rather than a single soft-drink line⁩, ⁦including water⁩, ⁦juice⁩, ⁦malt beverages⁩, ⁦sports drinks and dairy-linked doogh⁩. ⁦Available evidence does not establish market share⁩, ⁦national distribution scale or the current commercial terms of the licensing arrangement⁩.

⁦OPERATING PROFILE⁩

⁦Operations⁩ &⁦amp⁩; ⁦footprint⁩

⁦Products and services⁩

⁦Khoshgovar Company produces and distributes non-alcoholic beverages⁩, ⁦including carbonated soft drinks⁩, ⁦bottled water⁩, ⁦juices⁩, ⁦malt beverages⁩, ⁦energy drinks⁩, ⁦sports drinks⁩, ⁦and dairy-linked beverage products⁩. ⁦Its operations are connected to branded beverage distribution⁩, ⁦retail channels⁩, ⁦food-service demand⁩, ⁦packaging inputs⁩, ⁦cold-chain exposure⁩, ⁦and consumer demand in Iran⁩.

⁦Operations and assets⁩

⁦The company reports a factory in Tous Industrial Town⁩, ⁦Mashhad⁩, ⁦on an area exceeding 10 hectares⁩. ⁦Its production lines are described as French Sidel and German Krones equipment⁩; ⁦the available evidence does not provide installed capacity⁩, ⁦utilisation or output figures⁩.

⁦Geographic footprint⁩

⁦Its documented manufacturing base is in Mashhad⁩, ⁦Razavi Khorasan Province⁩. ⁦Sources describe Khoshgovar as producing and distributing beverages in Iran⁩, ⁦but do not provide sufficient detail to verify regional coverage⁩, ⁦distribution assets or export activity⁩.

⁦CORPORATE STRUCTURE⁩

⁦Ownership⁩ &⁦amp⁩; ⁦group structure⁩

⁦Reported scale⁩

⁦Employees⁩: ⁦Public sources provide inconsistent figures⁩: ⁦one reports more than 2⁩,000 ⁦employees⁩, ⁦while another reports more than 8⁩,000 ⁦employees nationwide⁩. ⁦The scope⁩, ⁦period and basis of these counts are not clear⁩.

⁦Investor Lens⁩

⁦Commercial and investment relevance⁩

⁦Khoshgovar is relevant for investors assessing Iran⁩'⁦s beverage market⁩, ⁦branded consumer goods⁩, ⁦packaging demand⁩, ⁦food-service recovery⁩, ⁦regional distribution⁩, ⁦and the resilience of affordable discretionary consumption under inflation⁩. ⁦It can support analysis of local bottling economics⁩, ⁦raw-material sourcing⁩, ⁦cold-chain and route-to-market needs⁩, ⁦and brand licensing exposure⁩. ⁦Due diligence should verify ownership⁩, ⁦current brand rights⁩, ⁦factory footprint⁩, ⁦distribution network⁩, ⁦product portfolio⁩, ⁦raw-material imports⁩, ⁦and compliance with sanctions-sensitive licensing or concentrate-supply arrangements⁩. ⁦For beverage buyers and suppliers⁩, ⁦Khoshgovar is relevant as a producer with exposure to several high-volume non-alcoholic categories and internationally recognised licensed brands⁩. ⁦The operation may be relevant to packaging⁩, ⁦bottling-line equipment⁩, ⁦ingredients and beverage distribution counterparties⁩. ⁦Commercial engagement should distinguish the company’s own operations from rights and supply arrangements that may be governed by its Coca-Cola licensing relationship⁩.

⁦DECISION RISKS⁩

⁦Constraints⁩, ⁦risk⁩ &⁦amp⁩; ⁦compliance⁩

⁦Key risks and constraints⁩

⁦Key diligence issues are the unverified ownership structure⁩, ⁦the current scope and terms of Coca-Cola-related licensing and brand rights⁩, ⁦and limited public information on revenues⁩, ⁦market share and distribution coverage⁩. ⁦Employment figures also conflict⁩: ⁦one source cites more than 2⁩,000 ⁦employees⁩, ⁦while another cites more than 8⁩,000 ⁦nationwide⁩.

⁦Sanctions and compliance considerations⁩

⁦The reported licensing relationship with The Coca-Cola Company may create sanctions and compliance considerations for counterparties⁩, ⁦particularly where brand rights⁩, ⁦concentrates⁩, ⁦equipment⁩, ⁦payments or cross-border supply are involved⁩. ⁦The available evidence does not establish the current contractual structure or provide a legal compliance assessment⁩.

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⁦Connected Intelligence⁩

⁦Relevant geography⁩, ⁦industry⁩, ⁦market and execution context for this profile⁩.

⁦Common questions⁩

⁦Frequently asked questions⁩

⁦Direct answers to the questions most likely to arise when reviewing this profile⁩.

⁦What does Khoshgovar Mashhad Company produce⁩?

⁦Its reported portfolio includes carbonated soft drinks⁩, ⁦bottled and carbonated water⁩, ⁦juices and nectars⁩, ⁦malt beverages⁩, ⁦sports drinks⁩, ⁦plain and carbonated doogh⁩, ⁦and non-carbonated fruit drinks⁩.

⁦Where is Khoshgovar Mashhad Company located⁩?

⁦Its factory is reported to be in Tous Industrial Town⁩, ⁦Mashhad⁩, ⁦Razavi Khorasan Province⁩, ⁦Iran⁩, ⁦on a site of more than 10 hectares⁩.

⁦Is Khoshgovar connected to The Coca-Cola Company⁩?

⁦Khoshgovar is reported to have produced under licence from The Coca-Cola Company since its establishment⁩. ⁦Available evidence does not clarify ownership or the current contractual terms of that relationship⁩.

⁦What compliance considerations apply to Khoshgovar⁩?

⁦Counterparties should assess sanctions and contractual compliance where dealings involve Coca-Cola-related licensing⁩, ⁦brands⁩, ⁦inputs⁩, ⁦equipment⁩, ⁦payments or cross-border supply⁩. ⁦This profile does not provide a legal clearance assessment⁩.