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 has received £103 million ($129 million) in investment since 2019 to enhance efficiencies and allow …
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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 line, and upgrade the existing infrastructure. The investment will support the company in producing Powerade …
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 remainder. In a statement from November, CCEP said the acquisition would build on its successful …
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 shutdown of restaurants and pubs. CCA chief executive Alison Watkins said: “We are really confident about …
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 significant investment into innovation and the introduction of new products, as well as the expansion …
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 lightweight cans, which range from in size from 330ml to 500ml. In addition to the …
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 lines and produces 60 million cases of soft drinks per year. Both facilities will now be …
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