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 |  €20.3 billion (2023) |
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Operating income
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€2.1 billion (2023) |
| Owners |
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Number of employees
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35,200 (2023) |
Coca-Cola Europacific Partners plc (CCEP) is a huge company that makes, sells, and delivers many popular drinks. It's known for Coca-Cola products, but also other drinks like Capri-Sun, Monster, and Relentless. CCEP is a British-American company that was formed by bringing together several smaller companies that bottled Coca-Cola drinks in different parts of the world.
Contents
What is CCEP?
Coca-Cola Europacific Partners is one of the world's largest companies that bottles and distributes Coca-Cola drinks. It's called a bottling company because it takes the special syrup from The Coca-Cola Company and mixes it with water and other ingredients. Then, it puts the drink into bottles and cans to sell.
CCEP serves many countries across Europe, Australia, and parts of Asia, including Indonesia. This makes it a multinational corporation, meaning it operates in many different countries.
How CCEP Was Formed
CCEP was created in two main steps:
Forming Coca-Cola European Partners
The first step happened on May 28, 2016. Three big Coca-Cola bottling companies in Western Europe decided to join together. These were:
- Coca-Cola Enterprises
- Coca-Cola Iberian Partners, S.A.
- Coca-Cola Erfrischungsgetränke AG
When these companies combined, they formed Coca-Cola European Partners. This new company became the biggest independent Coca-Cola bottler in the world at the time. It was a smart move because it helped them save a lot of money by working together.
Becoming Coca-Cola Europacific Partners
The second big step happened on May 10, 2021. Coca-Cola European Partners bought an Australian bottling company called Coca-Cola Amatil. This made the company even bigger and expanded its reach into Australia and parts of Asia. To show this new, wider reach, the company changed its name to Coca-Cola Europacific Partners.
CCEP Today
CCEP's shares are traded on major stock exchanges, like the London Stock Exchange and Nasdaq. This means people can buy and sell parts of the company.
The company has many bottling plants, which are like factories where the drinks are made and put into bottles. In 2023, CCEP had about 35,200 employees working for them.
Recent Activities
CCEP sometimes makes deals with other companies or gets involved in new projects.
- In December 2022, CCEP bought the naming rights for a racing team called Erebus Motorsport. This team now races as "Coca-Cola Racing by Erebus" in the Supercars Championship for the 2023 and 2024 seasons.
- In February 2024, CCEP teamed up with a company from the Philippines called Aboitiz Equity Ventures Inc. Together, they bought Coca-Cola Beverages Philippines Inc. CCEP now owns 60% of this company, which helps them grow even more in Asia.
See also
In Spanish: Coca-Cola Europacific Partners para niños
- Anchor bottler
- Coca-Cola Beverages Africa
