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)
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 Increase €10.9 billion (2016)[2]
Increase €1.4 billion (2016)[2]
Number of employees
 25,000 (2016)
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.[3]

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]

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

  1. ↑ https://www.ccep.com/pages/brands
  2. 1 2 https://www.ccep.com/system/file_resources/1611/CCEP_Earnings_Infographic_External_2016.jpeg. Missing or empty |title= (help)
  3. ↑ Esterl, Mike (2015-08-06). "Three Coca-Cola Bottlers Confirm Merger". The Wall Street Journal. News Corp. Retrieved 2015-08-23.
  4. ↑ Press release: "Coca-Cola European Partners plc combination completed"
  5. 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.
  6. 1 2 Geller, Martinne (6 August 2015). "UPDATE 5-Three European Coca-Cola bottlers to merge". Reuters. Thomson Reuters. Retrieved 23 August 2015.
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