CocaCola European Partners plc

Description

Coca-Cola Europacific Partners Plc (NYSE: CCEP) is a consumer goods company formerly known as Coca-Cola European Partners plc.

The consumer goods firm engages itself in producing, distributing, and marketing a wide range of soft and ready-to-drink beverages. The company mainly focuses on the bottling of Coca-Cola non-alcoholic drinks. In addition, the UK-based firm also provides bottling services to companies like Monster, Capri-Sun, and Relentless.

Coca-Cola Europacific Partners operates and provides its service in around 29 countries across the globe. In Western Europe, the consumer goods company caters to the market in countries like Spain, Portugal, Andorra continental France, Germany, Belgium, Monaco, Great Britain, Norway, Sweden, the Netherlands, Iceland and Luxembourg.

There are various brands under the firm’s product portfolio. Some of them include:
• Coca-Cola
• Diet Coke
• Coca-Cola Light
• Coca-Cola Zero Sugar
• Fanta
• Sprite
• Monster

The product portfolio of the consumer goods company comprises various items such as water, juices, energy drinks, sports drinks, ready-made tea and coffee.

The consumer goods firm was founded in 2016 with the merger of three companies of The Coca-Cola Company in Western Europe and was rebranded as Coca-Cola European Partners plc.

The three merging entities include: Coca-Cola Enterprises, Coca-Cola Iberian Partners S.A., and Coca-Cola Erfrischungsgetranke AG.

In 2021, the British consumer good firm under a rebranding strategy was renamed as Coca-Cola Europacific Partners with the acquisition of Coca-Cola Amatil, an Australian bottling company.

The firm is domiciled in Uxbridge, the United Kingdom. It claims to produce and market around sell about 16 billion liters of drinks and beverages annually. In addition, the company claims to have removed around 160,000 tons of sugar in Western Europe since 2010.

The Uxbridge-based firm claims to provide its services to more than 1.70 million customers through a network of nearly 14,000 domestic and international suppliers and units. In addition, the carbonated-drink manufacturer also claims to have around 79 manufacturing sites in its operating regions.

It is listed on the following the stock exchanges with ‘CCEP’ ticker:
• New York Stock Exchange
• London Stock Exchange
• Bolsa de Madrid (BMAD)
• Euronext N.V.