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Coca-Cola Europacific Partners

From Wikipedia, the free encyclopedia
British multinational bottling company

Coca-Cola Europacific Partners plc
Company typePublic
ISINGB00BDCPN049
IndustryBeverages
Predecessors
Founded
  • 28 May 2016; 9 years ago (2016-05-28) (as Coca-Cola European Partners)
  • 10 May 2021; 4 years ago (2021-05-10) (as Coca-Cola Europacific Partners)
HeadquartersUxbridge, England
Number of locations
42 bottling plants
Area served
  • Europe
  • Australia
  • Asia-Pacific
  • Indonesia
  • Philippines
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 (incl.Coca-Cola,Diet Coke,Coca-Cola Zero,Fanta,Sprite)[1] andList of The Coca-Cola Company products
RevenueIncrease €20.901 billion (2025)[2]
Increase €2.793 billion (2025)[2]
Increase €1.979 billion (2025)[2]
Total assetsDecrease €29.872 billion (2025)[2]
Total equityDecrease €8.303 billion (2025)[2]
Owners
Number of employees
41,000 (2026)[4]
Websitewww.cocacolaep.com
Footnotes / references
[5]

Coca-Cola Europacific Partners plc, also known asCCEP, is amultinationalbottling company headquartered inGreat Britain[6][7]. It is the world's largest independentCoca-Cola bottler by net revenue and operates in 31 markets globally.[8][9] CCEP is listed on theLondon Stock Exchange, is a member of theFTSE 100 Index[10] and is also traded on theNasdaq stock exchange in theUnited States. CCEP shares are also available onEuronext Amsterdam and the Spanish Stock Exchange.[11][12]

Formerly known asCoca-Cola European Partners (2016–2021), the company was formed as a merger of the three main bottling companies forThe Coca-Cola Company in Western Europe. In 2021 it acquired Australian bottling companyCoca-Cola Amatil to form Coca-Cola Europacific Partners.[13]

History

[edit]

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 forThe Coca-Cola Company in Western Europe:Coca-Cola Enterprises,Coca-Cola Iberian Partners, S.A. andCoca-Cola Erfrischungsgetränke AG. The combination created the world's largest independent Coca-Cola bottler based on net revenues.[14] Since the merger, CCEP has recorded solid revenue growth, reporting €20.4 billion in annual sales in the 2024 financial year.[15]

The company was first listed on theLondon Stock Exchange in March 2019, with shares being traded ineuros.[16]

Following the acquisition of Australian bottling companyCoca-Cola Amatil, the company changed its name fromCoca-Cola European Partners toCoca-Cola Europacific Partners on 10 May 2021.[13]

In December 2022, the company bought the naming rights toErebus Motorsport in theSupercars Championship. The team competed under the name Coca-Cola Racing by Erebus for the2023 and 2024 seasons.[17]

On 23 February 2024, Philippine-basedAboitiz Equity Ventures Inc. (AEV) announced that it has jointly acquiredCoca-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.[18][19]

Business operations

[edit]

As of 2024, CCEP operates in 31 markets across Europe, Australia, the Pacific and Indonesia, and runs 97 production facilities. The company manufactures, distributes and sells a portfolio that includes global brands such asCoca‑Cola,Sprite,Fanta andMonster, as well as local brands includingMezzo Mix,Urge andL&P. According to its annual reporting, more than 90% of the drinks it sells are produced in the country where they are consumed.[20]

See also

[edit]

References

[edit]
  1. ^"Our brands". Coca-Cola Europacific Partners. 21 March 2024. Retrieved3 March 2025.
  2. ^abcde"Annual Results 2025". Coca-Cola Europacific Partners. Retrieved17 February 2026.
  3. ^ab"Annual Report 2024". Coca-Cola Europacific Partners. Retrieved21 March 2025.
  4. ^"Our people". Coca-Cola Europacific Partners. Retrieved27 January 2026.
  5. ^"Coca-Cola Europacific Partners - Shareholder information & tools - Listing & share information".ir.cocacolaep.com. Retrieved3 March 2025.
  6. ^"Coca-Cola bottlers agree three-way Europe merger".Financial Times. 6 August 2015. Retrieved3 March 2025.
  7. ^"Coke Bottler's Merger Might Lose Tax Gain to Inversion Rules".Accounting Today. 4 May 2016. Retrieved3 March 2025.
  8. ^"CCEP Investor Factsheet FY24". Retrieved11 February 2026.
  9. ^Esterl, Mike (6 August 2015)."Three Coca-Cola Bottlers Confirm Merger".The Wall Street Journal.News Corp. Retrieved3 March 2025.
  10. ^"FTSE UK Index Series Quarterly Review March 2025". FTSE Russell. 5 March 2025. Retrieved21 March 2025.
  11. ^"Coca-ColaEuropacif | GB00BDCPN049 | Euronext exchange Live quotes".live.euronext.com. Retrieved11 February 2026.
  12. ^"BME Exchange".BME Exchange. Archived fromthe original on 5 December 2025. Retrieved11 February 2026.
  13. ^ab"Coca-Cola European Partners becomes Coca-Cola Europacific Partners following multi-billion acquisition of Coca-Cola Amatil".Packaging Insights. 21 May 2021. Retrieved3 March 2025.
  14. ^Geller, Martinne (6 August 2015)."UPDATE 5-Three European Coca-Cola bottlers to merge".Reuters.Thomson Reuters. Retrieved23 August 2015.
  15. ^Louis, Yasmeen (27 February 2025)."Coca-Cola Europacific Partners on track to enter FTSE 100". Retrieved11 February 2026.
  16. ^"Coca-Cola European Partners lists on main London Stock Exchange".Packaging Today. 28 March 2019. Retrieved3 March 2025.
  17. ^"Erebus signs Coca-Cola as naming rights sponsor".V8 Sleuth. 19 December 2022. Retrieved14 July 2023.
  18. ^Cordero, Ted (23 February 2024)."Aboitiz, CCEP complete $1.8 billion Coca-Cola Beverages PH acquisition".GMA News. Retrieved23 February 2024.
  19. ^Camus, Miguel (23 February 2024)."Aboitiz buys 40% of Coca-Cola PH".Philippine Daily Inquirer. Retrieved23 February 2024.
  20. ^"Latest Annual Report".Coca-Cola Europacific Partners. Retrieved11 February 2026.

External links

[edit]

Official website

Brands
Soft drinks
Juices and teas
Sports drinks
Monster Beverage
(17.9% stake)
Bottled water
Coffee-based
Dairy-based
Purchased fromBisleri
Joint ventures
Former holdings
Legal
Campaigns
andslogans
Other
Varieties of Coca-Cola
Regular
Low-calorie
Other brands
Companies of theNasdaq-100 index
United KingdomFTSE 100 companies of the United Kingdom   →FTSE 250
International
National
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