Coca-Cola Europacific Partners facts for kids
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| Public | |
| Traded as | |
| ISIN | ISIN: [https://isin.toolforge.org/?language=en&isin=GB00BDCPN049 GB00BDCPN049] |
| Industry | Beverages |
| Predecessors |
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| Founded |
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| Headquarters | Uxbridge, England |
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Number of locations
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42 bottling plants |
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Area served
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Key people
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Sol Daurella (chairman) Damian Gammell (CEO) |
| Products | Regular, low- and no-calorie beverages including energy drinks, still and sparkling waters, juices and juice drinks, sports drinks, and ready-to-drink teas |
| Brands | 54 brands (incl. Coca-Cola, Diet Coke, Coca-Cola Zero, Fanta, Sprite) and List of The Coca-Cola Company products |
| Revenue |  €20.438 billion (2024) |
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Operating income
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 €2.132 billion (2024) |
| €1.444 billion (2024) |
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| Total assets | €31.1 billion (2024) |
| Total equity | €8.489 billion (2024) |
| Owners |
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Number of employees
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41,000 (2024) |
Coca-Cola Europacific Partners plc, often called CCEP, is a very large company based in Britain. It's known as the biggest independent company that bottles Coca-Cola drinks in the world. CCEP makes, sells, and distributes many popular drinks. These include Coca-Cola products, plus others like Capri-Sun, Monster, and Relentless.
CCEP's shares are traded on the London Stock Exchange. This means you can buy parts of the company there. It's also part of the FTSE 100 Index, which is a list of the 100 biggest companies on that stock exchange. The company was first known as Coca-Cola European Partners from 2016 to 2021. It was formed when three big Coca-Cola bottling companies in Western Europe joined together. In 2021, it bought an Australian bottling company called Coca-Cola Amatil. This led to the company changing its name to Coca-Cola Europacific Partners.
How CCEP Started
CCEP began as Coca-Cola European Partners on May 28, 2016. It was created by combining three major companies that bottled drinks for The Coca-Cola Company in Western Europe. These companies were Coca-Cola Enterprises, Coca-Cola Iberian Partners, S.A., and Coca-Cola Erfrischungsgetränke AG.
This combination made CCEP the largest independent Coca-Cola bottler in the world. Experts thought this merger would save the company a lot of money, between $350 million and $375 million, within three years.
Growing the Company
CCEP's shares were first listed on the London Stock Exchange in March 2019. This allowed people to buy and sell parts of the company. The shares were traded using euros.
To grow even bigger, the company bought an Australian bottling company called Coca-Cola Amatil. After this important purchase, the company changed its name. On May 10, 2021, it became Coca-Cola Europacific Partners.
In December 2022, CCEP also got involved in car racing. They bought the naming rights for a racing team called Erebus Motorsport in the Supercars Championship. The team raced as Coca-Cola Racing by Erebus for the 2023 and 2024 seasons.
More recently, on February 23, 2024, CCEP made another big move. They teamed up with a company from the Philippines, Aboitiz Equity Ventures Inc.. Together, they bought Coca-Cola Beverages Philippines Inc. for $1.8 billion. CCEP now owns 60% of this company, and Aboitiz Equity Ventures owns the other 40%.
See also
In Spanish: Coca-Cola Europacific Partners para niños
- Anchor bottler
- Coca-Cola Beverages Africa
