Coca-Cola European Partners

Coca-Cola European Partners plc
Public limited company
Traded as
Industry Beverages
Predecessors
  • Coca-Cola Enterprises, Inc.
  • Coca-Cola Iberian Partners, S.A.
  • Coca-Cola Erfrischungsgetränke AG
Founded 2016 (2016)
Number of locations
 50 bottling plants
Area served
 Western Europe
Key people
Number of employees
 25,000
Website www.ccep.com

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 on May 28, 2016[2] as a result of the combination 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.[3] The combination created the world’s largest independent Coca-Cola bottler based on net revenues[4] and is estimated to result in a savings of between $350 million and $375 million within three years of closing.[4]

The merger was similar to that of Coca-Cola Beverages Africa that consolidated Coca-Cola bottling operations in East and Southern Africa.

Ownership Structure

The ownership structure of Coca-Cola European Partners is as follows:[3]

Coca-Cola European Partners Proposes Stock Ownership
Rank Name of Owner Percentage Ownership Logo
1 Public float 48
2 Coca-Cola Iberian Partners 34
3 The Coca-Cola Company 18
Total 100

See also

References

External links

This article is issued from Wikipedia - version of the 12/3/2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.