Coca-Cola Europacific Partners
British multinational bottling company From Wikipedia, the free encyclopedia
Coca-Cola Europacific Partners plc (CCEP), formerly Coca-Cola European Partners (2016–2021); and Coca-Cola Amatil (1904–2021), is a British[4][5] company formed as a result of the combination of the three main bottling companies for The Coca-Cola Company in Western Europe: Coca-Cola Enterprises, Coca-Cola Iberian Partners, S.A. and Coca-Cola Erfrischungsgetränke AG, and one bottling company in Asia-Pacific: Coca-Cola Amatil. The multinational bottling company is involved in the marketing, production, and distribution of Coca-Cola products and other drinks such as Capri-Sun, Monster and Relentless.[6]
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| Company type | Public |
|---|---|
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| ISIN | GB00BDCPN049 |
| Industry | Beverages |
| Predecessors |
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| Founded |
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| Headquarters | Uxbridge, England |
Number of locations | 42 bottling plants |
Area served |
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Key people | Sol Daurella (chairman) Damian Gammell (CEO) |
| Products | Regular, low- and no-calorie beverages including energy drinks, still and sparkling waters, juices and juice drinks, sports drinks, and ready-to-drink teas |
| Brands | 54 brands (incl. Coca-Cola, Diet Coke, Coca-Cola Zero, Fanta, Sprite)[1] and List of The Coca-Cola Company products |
| Revenue | €20.438 billion (2024)[2] |
| €2.132 billion (2024)[2] | |
| €1.444 billion (2024)[2] | |
| Owners |
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Number of employees | 35,200 (2023) |
| Website | www |
| Footnotes / references [3] | |
Overview
Summarize
Perspective
The company was formed as Coca-Cola European Partners on 28 May 2016 as a result of the combination of the three main bottling companies for The Coca-Cola Company in Western Europe: Coca-Cola Enterprises, Coca-Cola Iberian Partners, S.A. and Coca-Cola Erfrischungsgetränke AG. The combination created the world's largest independent Coca-Cola bottler based on net revenues[7] and was estimated to result in a savings of between $350 million and $375 million within three years of closing.[7]
The company, with shares being traded in euros, was first listed on the London Stock Exchange in March 2019.[8]
Following the acquisition of Australian bottling company Coca-Cola Amatil, the company changed its name from Coca-Cola European Partners to Coca-Cola Europacific Partners on 10 May 2021.[9]
In December 2022, the company bought the naming rights to Erebus Motorsport in the Supercars Championship. The team will compete under the name Coca-Cola Racing by Erebus for the 2023 and 2024 seasons.[10]
On 23 February 2024, Philippine-based Aboitiz Equity Ventures Inc. (AEV) announced that it has jointly acquired Coca-Cola Beverages Philippines Inc. together with Coca-Cola Europacific Partners (CCEP) for $1.8 billion on a debt-free, cash-free basis. CCEP will hold a 60% stake, while Aboitiz Equity Ventures will take up the remaining 40% stake.[11][12]
See also
References
External links
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