FDBusiness.com

Coca-Cola European Partners Lists on the Main Market of London Stock Exchange

 Breaking News
  • Coca-Cola HBC to Acquire Italian Water and Sparkling Beverages Company in €88 Million Deal Coca‑Cola HBC has agreed to acquire Acque Minerali, a privately-held natural mineral water and adult sparkling beverages business based in Italy. The acquisition is being made in conjunction with The Coca-Cola Company, in-line with previous similar acquisitions. The total enterprise value payable by Coca‑Cola HBC and The Coca‑Cola Company, subject to customary closing adjustments, amounts [...]...
  • Britvic Signs Up to Science Based Targets Initiative Britvic has pledged to pursue bolder greenhouse gas (GHG) emission reduction targets by signing up to the Science Based Targets initiative. Britvic joins around 600 leading companies from around the world in formally committing to independently verified science-based GHG emission reduction targets. Britvic’s A Healthier Everyday sustainability strategy recognises climate change as one of the biggest threats facing [...]...
  • Marks & Spencer Partners Infarm to Bring Urban Farming to London Stores M&S Food is partnering with infarm – one of the world’s most advanced urban farming platforms – to deliver a range of fresh produce grown and harvested in a selection of the retailer’s London stores. Customers will now find a range of fresh herbs – including Italian, Greek and Bordeaux Basils, Mint, Curly Parsley and Mountain [...]...
  • Coca-Cola European Partners to Remove 4,000 Tonnes of Single-use Plastic by Swapping Shrink Wrap For Cardboard in Western Europe Coca-Cola European Partners, will be replacing plastic shrink wrap with cardboard for its can multipacks across Western Europe, removing approximately 4,000 tonnes of single-use plastic per year across the region. This is the latest move in Coca-Cola’s commitment to tackle packaging waste and remove all unnecessary single-use plastic from its secondary packaging. Plastic shrink wrapping is used [...]...
  • EU Leading in Global Agri-food Trade The EU has been confirmed for yet another year in its position as the largest global exporter of agri-food products, with sales reaching €138 billion in 2018. Agriculture products represent a solid share of 7% of the value of EU total goods exported in 2018, ranking fourth after machinery, other manufactured goods and chemicals. Agriculture and [...]...

Coca-Cola European Partners Lists on the Main Market of London Stock Exchange

Coca-Cola European Partners Lists on the Main Market of London Stock Exchange
April 02
15:05 2019

Coca-Cola European Partners (CCEP), the world’s largest Coca-Cola bottler by revenue, generating sales last year of €11.5 billion and operating profit of €1.6 billion, has commenced trading on the Main Market of London Stock Exchange. The company operates across 13 countries in Western Europe.

The move does not impact on CCEP’s listing on the New York Stock Exchange (“NYSE”), Euronext Amsterdam or the Spanish stock exchanges (Madrid, Barcelona, Bilbao and Valencia).

Damian Gammell, chief executive of CCEP, says: “The formation of CCEP was always about a bigger and bolder vision beyond the merger. Three years on, we are building a sustainable company on three pillars: great beverages, great service and great people. We feel this is the perfect time to move our UK listing to London Stock Exchange. We have a solid track record and we operate in the large and growing Western European non-alcoholic ready to drink market, where we have a leading position with the world’s best brands.”

Nik Jhangiani, chief finance officer at CCEP, says: “We believe we have an attractive and exciting investment story, as we continue to expand our total beverage portfolio while strengthening core capabilities that will drive sustainable success. By joining Europe’s leading stock exchange, we seek to increase visibility of our story alongside improving market access for investors, thereby enhancing liquidity.”

About Author

mike

mike

Related Articles

Food & Drink Business Conference & Exhibition 2016

Upcoming Events

  • October 1, 2019PPMA Total Show
  • October 17, 2019Future Food-Tech
  • November 18, 2019Plastics Caps and Closures Conference 2019
AEC v1.0.4

Jobs: Finance

find food jobs

The Magazine

F&D Business Preferred Suppliers

New Subscriber

Subscribe Here



Advertisements