Type Public limited company Area served Western Europe Founded 2016 | Industry Beverages Number of employees 25,000 Number of locations 50 | |
Traded as Euronext: CCE
NYSE: CCE
BMAD: CCE Predecessors Coca-Cola Enterprises, Inc.
Coca-Cola Iberian Partners, S.A.
Coca-Cola Erfrischungsgetränke AG Key people Sol Daurella, Chairwoman
John F. Brock, CEO CEO Damian Paul Gammell (28 Dec 2016–) Subsidiaries Coca-Cola Enterprises, Coca-Cola Iberian Partners, S.A.U., CCE | ||
Coca cola european partners celebrates first day of trading on euronext
Coca-Cola European Partners plc (CCEP) is a multinational bottling company dedicated to the marketing, production, and distribution of Coca-Cola products.
Contents
Euronext amsterdam welcomes coca cola european partners
Overview
Coca-Cola European Partners was created on May 28, 2016 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. The combination created the world’s largest independent Coca-Cola bottler based on net revenues and is estimated to result in a savings of between $350 million and $375 million within three years of closing.
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: