Coca-Cola Europacific Partners plc, also known as CCEP, is a British multinational

bottling company A bottling company is a commercial enterprise whose output is the bottling of beverages for distribution. Many bottling companies are franchisees of corporations such as Coca-Cola and PepsiCo who distribute the beverage in a specific geogra ...

operating as world's largest independent Coca-Cola bottler by net revenue. Involved in the marketing, production, and distribution of

Coca-Cola Coca-Cola, or Coke, is a cola soft drink manufactured by the Coca-Cola Company. In 2013, Coke products were sold in over 200 countries and territories worldwide, with consumers drinking more than 1.8 billion company beverage servings ...

products, and other drinks such as Capri-Sun,

Monster A monster is a type of imaginary or fictional creature found in literature, folklore, mythology, fiction and religion. They are very often depicted as dangerous and aggressive, with a strange or grotesque appearance that causes Anxiety, terror ...

and Relentless, CCEP is listed on the

London Stock Exchange The London Stock Exchange (LSE) is a stock exchange based in London, England. the total market value of all companies trading on the LSE stood at US$3.42 trillion. Its current premises are situated in Paternoster Square close to St Paul's Cath ...

and is a constituent of the

FTSE 100 Index The Financial Times Stock Exchange 100 Index, also called the FTSE 100 Index, FTSE 100, FTSE, or, informally, the "Footsie" , is the United Kingdom's best-known stock market index of the 100 most highly capitalised blue chips listed on ...

. Formerly known as Coca-Cola European Partners (2016–2021), the company formed as a merger of the three main bottling companies for

The Coca-Cola Company The Coca-Cola Company is an American multinational corporation founded in 1892. It manufactures, sells and markets soft drinks including Coca-Cola, other non-alcoholic beverage concentrates and syrups, and alcoholic beverages. Its stock is lis ...

in Western Europe. In 2021 it acquired with Australian bottling company ''Coca-Cola Amatil'' to form ''Coca-Cola Europacific Partners''.

Overview

The company was formed as Coca-Cola European Partners on 28 May 2016 as a result of the combination of the three main bottling companies for

in Western Europe: ''Coca-Cola Enterprises'', ''Coca-Cola Iberian Partners, S.A.'' and ''Coca-Cola Erfrischungsgetränke AG''. The combination created the world's largest independent Coca-Cola bottler based on net revenues and was estimated to result in a savings of between $350 million and $375 million within three years of the merger. The company was first listed on the

in March 2019, with shares being traded in

euros The euro (currency symbol, symbol: euro sign, €; ISO 4217, currency code: EUR) is the official currency of 20 of the Member state of the European Union, member states of the European Union. This group of states is officially known as the ...

. Following the acquisition of Australian bottling company ''Coca-Cola Amatil'', the company changed its name from ''Coca-Cola European Partners'' to ''Coca-Cola Europacific Partners'' on 10 May 2021. In December 2022, the company bought the naming rights to

Erebus Motorsport Erebus Motorsport (formerly known as Erebus Racing) is an Australian motor racing team. The team competes in the Supercars Championship with two Chevrolet Camaro (sixth generation)#ZL1, Chevrolet Camaro ZL1s. The team's current drivers are Jack ...

in the

Supercars Championship The Supercars Championship, also known as the Repco Supercars Championship under sponsorship and historically as V8 Supercars, is a touring car racing category in Australia and New Zealand, running as an International Series under Fédération I ...

. The team will compete under the name Coca-Cola Racing by Erebus for the

2023 Catastrophic natural disasters in 2023 included the Lists of 21st-century earthquakes, 5th-deadliest earthquake of the 21st century 2023 Turkey–Syria earthquakes, striking Turkey and Syria, leaving up to 62,000 people dead; Cyclone Freddy ...

and 2024 seasons. On 23 February 2024, Philippine-based Aboitiz Equity Ventures Inc. (AEV) announced that it has jointly acquired Coca-Cola Beverages Philippines Inc. together with Coca-Cola Europacific Partners (CCEP) for $1.8 billion on a debt-free, cash-free basis. CCEP will hold a 60% stake, while Aboitiz Equity Ventures will take up the remaining 40% stake.

References

External links

{{DEFAULTSORT:Coca-Cola Company, The Coca-Cola Coca-Cola bottlers Food and drink companies established in 2016 2016 establishments in Europe Companies in the FTSE 100 Index Companies listed on the London Stock Exchange Drink companies based in London Companies listed on the Nasdaq Companies based in the London Borough of Hillingdon Uxbridge

Overview

See also

References

External links