Coca-Cola European Partners
Coca-Cola European Partners plc (CCEP) is a multinational bottling company dedicated to the marketing, production, and distribution of Coca-Cola products.[3]
Public limited company | |
Traded as | |
ISIN | GB00BDCPN049 |
Industry | Beverages |
Predecessors |
|
Founded | 2016 |
Headquarters | Uxbridge, England |
Number of locations | 50 bottling plants |
Area served | Western Europe |
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 (e.g. Coca-Cola, Diet Coke, Coca-Cola Zero, Fanta, Sprite [1]) and List of The Coca-Cola Company products |
Revenue | |
Number of employees | 25,000 (2016) |
Website | www.ccep.com |
Overview
Coca-Cola European Partners was created on 28 May 2016[4] 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.[5] The combination created the world’s largest independent Coca-Cola bottler based on net revenues[6] and is estimated to result in a savings of between $350 million and $375 million within three years of closing.[6]
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:[5]
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
- https://www.ccep.com/pages/brands
- https://www.ccep.com/system/file_resources/1611/CCEP_Earnings_Infographic_External_2016.jpeg. Missing or empty
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(help) - Esterl, Mike (6 August 2015). "Three Coca-Cola Bottlers Confirm Merger". The Wall Street Journal. News Corp. Retrieved 23 August 2015.
- Press release: "Coca-Cola European Partners plc combination completed"
- "Coca-Cola Enterprises, Coca-Cola Iberian Partners and Coca-Cola Erfrischungsgetränke AG to Form Coca-Cola European Partners". The Coca-Cola Company. 6 August 2015. Retrieved 23 August 2015.
- Geller, Martinne (6 August 2015). "UPDATE 5-Three European Coca-Cola bottlers to merge". Reuters. Thomson Reuters. Retrieved 23 August 2015.