Coca-Cola European Partners
| Public limited company | |
| Industry | Beverages |
| Predecessors |
|
| Founded | 2015 |
Number of locations | 50 bottling plants |
Area served | Western Europe |
Key people |
|
Number of employees | 27,000 |
Coca-Cola European Partners plc (CCEP) is a multinational bottling company dedicated to the marketing, production, and distribution of Coca-Cola products.[1]
Overview
Coca-Cola European Partners was created in August 2015 as a result of the merger of the three main bottling companies for The Coca-Cola Company in Western Europe i.e. Coca-Cola Enterprises, Coca-Cola Iberian Partners, S.A. and Coca-Cola Erfrischungsgetränke AG.[2] The proposed merger will create the world’s largest independent Coca-Cola bottler based on net revenues[3] and is estimated to result in a savings of between $350 million and $375 million within three years of closing.[3]
This merger would be similar to that of Coca-Cola Beverages Africa that would consolidate Coca-Cola bottling operations in East and Southern Africa.
Proposed ownership
The proposed ownership of Coca-Cola European Partners after the merger will be as follows:[2]
| Rank | Name of Owner | Percentage Ownership |
|---|---|---|
| 1 | Coca-Cola Enterprises | 48 |
| 2 | Coca-Cola Iberian Partners | 34 |
| 3 | The Coca-Cola Company | 18 |
| Total | 100 | |
See also
References
- ↑ Esterl, Mike (2015-08-06). "Three Coca-Cola Bottlers Confirm Merger". The Wall Street Journal. News Corp. Retrieved 2015-08-23.
- 1 2 "Coca-Cola Enterprises, Coca-Cola Iberian Partners and Coca-Cola Erfrischungsgetränke AG to Form Coca-Cola European Partners". The Coca-Cola Company. August 6, 2015. Retrieved August 23, 2015.
- 1 2 Geller, Martinne (2015-08-06). "UPDATE 5-Three European Coca-Cola bottlers to merge". Reuters. Thomson Reuters. Retrieved 2015-08-23.
External links
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