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Site Selector

Current Site: Cyprus

  • Phone: +414 483 59 111
  • Email: webmaster@cchellenic.com
  • Address: Coca-Cola HBC AG Turmstrasse 26 Zug 6300 Switzerland Zug 6300 Switzerland
View Site

  • Phone: +374 105 41 028
  • Email: reception.am@cchellenic.com
  • Address: Coca-Cola HBC Armenia, Tbilisyan Highway Lane, 8/3 Building Yerevan, 0052, Armenia
View Site

  • Phone: +431 610 60 0
  • Email: cocacolaksco@cchellenic.com
  • Address: Coca-Cola HBC Austria, Clemens-Holzmeister-Straße 6, Vienna, 1100, Austria
View Site

  • Phone: +375 172 10 0210
  • Address: Coca-Cola Beverages Belorussiya FE, Kolyadichi, Minsk District, 223010, Belarus
View Site

  • Phone: +387 332 84 100
  • Email: info.ba@cchellenic.com
  • Address: Coca-Cola HBC B-H Sarajevo, Mostarsko raskrsce bb, Hadzici, 71240, Bosnia-Herzegovina
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  • Phone: +359 2 92 14 600
  • Address: Coca-Cola HBC Bulgaria, Coca-Cola Business Center, 8 Racho Petkov Kazandzhiyata Str., Sofia, 1766, Bulgaria
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  • Phone: +385 124 80 222
  • Email: info.hr@cchellenic.com
  • Address: Coca-Cola HBC Croatia, Milana Sachsa 1, Zagreb, 1000, Croatia
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  • Phone: +357 228 85 000
  • Email: infocy@cchellenic.com
  • Address: Coca-Cola HBC Cyprus, 66 Kyriacos Matsis Ave., Nicosia, 2409 Engomi, Cyprus
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  • Phone: +0224047111
  • Email: egypt@cchellenic.com
  • Address: 6th District, industrial zone, Nasr city, Cairo, Egypt
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  • Phone: +372 650 31 00
  • Address: Coca-Cola HBC Estonia, A.H. Tammsaare tee 92, Tallinn 13423, Estonia
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  • Phone: +302 106 38 1700
  • Email: infoline@cchellenic.com
  • Address: Coca-Cola HBC Greece, 60 Kifissias ave, Athens, 151 25 Maroussi, Greece
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  • Phone: +36 24 500 500
  • Address: Coca-Cola HBC Hungary, Nemedi ut 104, Dunaharaszti, H-2330, Hungary
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  • Phone: +353 188 07 100
  • Email: ioi.communications@cchellenic.com
  • Address: Coca-Cola HBC Ireland, Huntstown Business Park, Cappagh Road, Ballycoolin, Dublin 11, Ireland
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  • Phone: +390 227 07 71
  • Email: relazioni.esterne@cchellenic.com
  • Address: Coca-Cola HBC Italia, Piazza Indro Montanelli, 30, Sesto San Giovanni Milano, 20099, Italy
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  • Phone: +383 38 540 690
  • Address: Km 5 ,rr. Prishtine- Shkup, Prishtine, 10000, Kosovo
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  • Phone: +370 5219 9104
  • Address: Coca-Cola HBC Lithuania, Spaudos str. 6-1, Vilnius, LT- 05132, Lithuania
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  • Phone: +234 127 06 670
  • Email: info.nbc@cchellenic.com
  • Address: Nigerian Bottling Company, Leventis Building, 3rd floor, Iddo House, Iddo PO Box 159, Lagos Nigeria
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  • Phone: +482 251 95 100 / 101
  • Email: infopl@cchellenic.com
  • Address: Coca Cola HBC Poland, ul. Żwirki i Wigury 16, Warsaw 02-092, Poland
View Site

  • Phone: +402 120 21 400
  • Email: relatiiclienti@cchellenic.com
  • Address: Coca-Cola HBC Romania, Global City Business Park, Building 2, 10, Bucuresti Nord Str., Voluntari, Ilfov, 077190 Romania
View Site

  • Phone: +381 11 30 73 100
  • Email: pr.rs@cchellenic.com
  • Address: Coca-Cola HBC Serbia, 14-16, Batajnicki Drum str., Zemun, 11080, Serbia
View Site

  • Phone: +386 158 90 400
  • Email: infoslo@cchellenic.com
  • Address: Brnčičeva ulica 41g, 1231 Ljubljana-Črnuče
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  • Phone: +41 (0) 44 835 91 11
  • Email: coca.cola@cchellenic.com
  • Address: Coca-Cola HBC Switzerland, Thurgauerstrasse 134, 8152 Opfikon, Switzerland
View Site

  • Phone: +380 444 90 0707
  • Email: ccbu@cchellenic.com
  • Address: Coca-Cola Beverages Ukraine, 51st km of St. Petersburg, Highway Velyka Dymerka, Kyiv, 07 400, Ukraine
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COCA-COLA HBC AG ACQUIRES COCA-COLA BOTTLING COMPANY OF EGYPT

 

Coca-Cola HBC AG (“Coca-Cola HBC”) announces today that, following publication of its financial results for the six months ended 2 July 2021, its wholly-owned subsidiary Coca-Cola HBC Holdings BV (“CCH Holdings”) has reached agreement to acquire approximately 94.7% of Coca-Cola Bottling Company of Egypt S.A.E. (“CCBCE”) from its major shareholders, a wholly-owned affiliate of The Coca-Cola Company (“TCCC”) and MAC Beverages Limited (“MBL”) and certain of its affiliated entities for an agreed combined purchase price of US$427 million, subject to certain adjustments (the “Proposed Transactions”).

Benefits and reasons for the Proposed Transactions:

  • Access to the second largest Non-Alcoholic Ready To Drink market (“NARTD”) in Africa by volume, building on existing scale - Nigeria and Egypt account for c. 25% of the continent’s population
  • Significant opportunity to leverage Coca-Cola HBC’s proven route-to-market capabilities and 70 years of experience operating in emerging markets to increase penetration of The Coca-Cola Company’s brand portfolio and drive category leadership
  • Expand Coca-Cola HBC’s exposure to high growth geographies
  • Low-single digit EPS accretion expected in the near term, with opportunity to create further value through progressively moving CCBCE’s margins towards the Coca-Cola HBC group average over time

Zoran Bogdanovic, CEO of Coca-Cola HBC, said:

“We are excited to welcome CCBCE to our group. We see great potential for this business to unlock considerable opportunities in the NARTD category in Egypt. With our best-in-class execution capabilities, commercial expertise and world leading approach to sustainability and communities, we believe there is a significant opportunity to create value for all stakeholders.  We appreciate the trust placed in us by The Coca-Cola Company and MBL, and look forward to becoming part of the Coca-Cola system in Egypt.”