Coca-Cola European Partners

Coca-Cola European Partners plc (CCEP) is a British multinational bottling company dedicated to the marketing, production, and distribution of Coca-Cola products and other drinks such as Capri-Sun, Monster and Relentless.[3]

Coca-Cola European Partners plc
TypePublic limited company
IndustryBeverages
Predecessors
  • Coca-Cola Enterprises, Inc.
  • Coca-Cola Iberian Partners, S.A.
  • Coca-Cola Erfrischungsgetränke AG
Founded2016 (2016)
HeadquartersUxbridge, England
Number of locations
42 bottling plants
Area served
Western Europe
Key people
Sol Daurella
(Chairman)
Damian Gammell
(CEO)
ProductsRegular, low- and no-calorie beverages including energy drinks, still and sparkling waters, juices and juice drinks, sports drinks, and ready-to-drink teas
Brands54 brands (e.g. Coca-Cola, Diet Coke, Coca-Cola Zero, Fanta, Sprite [1]) and List of The Coca-Cola Company products
Revenue $14 billion (2019)[2]
$2 billion (2019)[2]
Number of employees
23,300 (2019)
Websitewww.ccep.com

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.

The company, with shares being traded in Euros, has been listed on the London Stock Exchange since March 2019.[7]

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. (PDF) https://www.cocacolaep.com/assets/Uploads/158f6ebd12/CCEP-2019-Integrated-Report-v2.pdf. Missing or empty |title= (help)
  3. Esterl, Mike (6 August 2015). "Three Coca-Cola Bottlers Confirm Merger". The Wall Street Journal. News Corp. Retrieved 23 August 2015.
  4. Press release: "Coca-Cola European Partners plc combination completed"
  5. "Coca-Cola Enterprises, Coca-Cola Iberian Partners and Coca-Cola Erfrischungsgetränke AG to Form Coca-Cola European Partners". The Coca-Cola Company. 6 August 2015. Retrieved 23 August 2015.
  6. Geller, Martinne (6 August 2015). "UPDATE 5-Three European Coca-Cola bottlers to merge". Reuters. Thomson Reuters. Retrieved 23 August 2015.
  7. "About Us".
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