UK: Coca-Cola Europacific Partners to invest £42.3 million in Wakefield facility
Coca-Cola Europacific Partners (CCEP), the UK-based Coca-Cola bottler, has announced an investment of £42.3 million ($53.1 million) in its facility in Wakefield, UK. The investment is for a new automated storage retrieval system (ASRS) that will more than double current warehouse capacity to over 58,000 pallets, and reduce annual vehicle journeys by 18,500. In total, the facility […]
Australia: CCEP invests in manufacturing plant
Coca-Cola Europacific Partners (CCEP), the UK-based Coca-Cola bottler. has announced an additional investment of A$105.5 million ($69.63 million) to create a new warmfill line at its Moorabbin plant in Victoria, Australia. In a statement, CCEP said the investment would be used to develop a 4,200 sq m manufacturing hall, install a high-speed 640 bpm Nitro-Warmfill […]
Philippines: CCEP gets go-ahead for acquisition of Coca-Cola Beverages Philippines
European soft drinks bottler Coca-Cola European Partners (CCEP) has announced it has received approval from Philippine anti-trust regulators to buy peer Coca-Cola Beverages Philippines (CCBPI) from The Coca-Cola Company (KO), in a joint deal with investment fund Aboitiz Equity Ventures (AEV). Under the terms of the deal, CCEP holds a 60% stake in the acquired business, and AEV the […]
Australia: CCEP makes takeover offer for Coca-Cola Amatil
European bottler Coca-Cola European Partners (CCEP), has made an offer to buy Australian Coca-Cola Amatil (CCA) for A$9.28 billion ($6.62 billion). According to sources, the Australian bottler is backing the offer, which prices the company below the market valuation that was made in February. CCA has reportedly seen a decrease in profit since March, due to the […]
France: Coca-Cola announces €1 billion of investments
Coca-Cola, the global soft drinks giant, has announced plans to invest up to €1 billion ($1.1 billion) in France over the next five years in support of “sustainable development” and a broadening of its product portfolio. The firm said that, together with Coca-Cola European Partners (CCEP), its primary French bottling partner, it planned to make a […]
UK: CCEP opens new canning line
Coca-Cola European Partners, the Coca-Cola bottler, has announced the opening of a new canning production line at its factory in Sidcup, UK at a cost of £16 million ($20 million). The firm said the new line was part of a £55 million($68 milliuon) investment into its Sidcup operations and would be dedicated to making CCEP’s latest […]
UK: Coca-Cola European Partners announces site closure plans
Coca-Cola European Partners (CCEP), an independent Coca-Cola bottler, has announced plans to close two plants in the UK, according to a BBC report. The closure of a manufacturing facility in Milton Keynes, as well as a distribution centre in Northampton, is set to see up to 300 jobs lost. The Milton Keynes plant has nine manufacturing […]