Coca-Cola HBC completes acquisition of Fresh & Co
The acquisition includes a production facility located at Subotica and the juice and nectar brands “Next” and “Su-Voce."
15/03/06 Coca-Cola Hellenic Bottling Company S.A. has announced the completion of its joint acquisition with The Coca-Cola Company of the Serbian fruit juices company Fresh & Co.
The acquisition includes a production facility located at Subotica and the juice and nectar brands “Next” and “Su-Voce."
The net consideration for the acquisition was €18.5 million (excluding acquisition costs), with the assumption of debt of an additional €23.6 million. CCHBC’s share of the purchase price and debt was €21 million.
Coca-Cola HBC is one of the world's largest bottlers of products of The Coca-Cola Company and has operations in 26 countries serving a population of approximately 540 million people. CCHBC shares are listed on the Athens Exchange (ATHEX: EEEK), with secondary listings on the London (LSE: CCB) and Australian (ASX: CHB) Stock Exchanges. CCHBC’s American Depositary Receipts (ADRs) are listed on the New York Stock Exchange (NYSE: CCH).
