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 & 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 & 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 & 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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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.