The acquisition builds on CCEP’s successful expansion into Australia, Pacific & Indonesia (API) in 2021, further strengthens its partnership with KO, supports its long-term growth strategy, and focuses on driving shareholder value. CCEP’s acquisition of CCBPI, with AEV, one of the leading conglomerates in the local market, is a great opportunity to co-own an established, well-run business with attractive profitability and growth prospects. The transaction is thus immediately EPS … [Read more...] about Coca-Cola Europacific Partners (CCEP) today confirms it has, together with Aboitiz Equity Ventures Inc. (AEV), completed the acquisition of Coca-Cola Beverages Philippines, Inc. (CCBPI) from The Coca-Cola Company (KO)
Coca-Cola Europacific Partners
Coca-Cola Europacific Partners collaborates with Sidel for its transition to tethered caps and lighter bottle
When Coca-Cola Europacific Partners (CCEP) took the decision to introduce tethered caps for its PET bottles to boost collection and recycling and prevent litter, Sidel utilised its expertise in this field to support CCEP with the transition. Required to implement the changes by July 2024 in line with single-use plastic (SUP) law, Coca-Cola Europacific Partners also identified the opportunity to move to a more sustainable package, working with Sidel to move to a lighter neck for its carbonated … [Read more...] about Coca-Cola Europacific Partners collaborates with Sidel for its transition to tethered caps and lighter bottle
