Three European Coca-Cola bottlers to merge
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Coca-Cola Enterprises (CCE) Enters Merger Agreement with Two European Bottlers (KO)
August 6, 2015 7:05 AM EDTCoca-Cola Enterprises (NYSE: CCE) , Coca-Cola Iberian Partners SA (CCIP) and Coca-Cola Erfrischungsgetränke AG (CCEAG), a wholly owned subsidiary of The Coca-Cola Company (NYSE: KO), announced they have agreed to combine their businesses into a new company to be called Coca-Cola European Partners Plc., in a transformational transaction that will create the worlds largest independent Coca-Cola bottler based on net revenues. Through a world-class production, sales and distribution platform for the Coca-Cola system in Western Europe, Coca-Cola European Partners will be positioned to deliver superior execution and customer service, driving long-term value... More
