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Coca-Cola European Partners merge to form combined entity

DBR Staff Writer Published 30 May 2016

Coca-Cola European Partners have announced the completion of combining the businesses of Coca-Cola Enterprises, Coca-Cola Iberian Partners and Coca-Cola Erfrischungsgetränke.

Based on net sales, the combination is claimed to be the world's largest independent Coca-Cola bottler.

The combined entity will serve more than 300 million consumers across Western Europe including places such as Andorra, Belgium, continental France, Germany, Great Britain, Luxembourg, Monaco, the Netherlands, Norway, Portugal, Spain, and Sweden.

Coca-Cola European Partners board chairman Sol Daurella said: "With a collective heritage in Europe of over 100 years, the three businesses, united under one of the most recognizable brands in the world, are poised to become the leading bottler in the Coca-Cola system.

"Our ambition is simple: to create a winning future together with The Coca-Cola Company. Coca-Cola European Partners will continue to make the drinks that millions of people love, while offering them more choice than ever before."

Coca-Cola European Partners CEO John F. Brock said: "This is a very exciting time for Coca-Cola European Partners, as Europe continues to represent an outstanding platform for long-term, profitable growth. Coca-Cola European Partners has the portfolio, the customer relationships, and the innovation, flexibility, scale, and speed needed to capture this opportunity.

"In addition, our people are among the best in the business and understand what it takes to win in Europe. All of this as we grow together with our customers, employees, and local communities, is in support of our ultimate goal: delivering increasing levels of shareowner value."