Add-on Acquisition • Beverages

Coca-Cola Hellenic Bottling Acquires CCBCE

On August 12, 2021, Coca-Cola Hellenic Bottling acquired beverage company CCBCE for 427M USD

Acquisition Context
  • This is Coca-Cola Hellenic Bottling’s 1st transaction in the Beverages sector.
  • This is Coca-Cola Hellenic Bottling’s largest (disclosed) transaction.
  • This is Coca-Cola Hellenic Bottling’s 1st transaction in Egypt.

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M&A Deal Summary

Date August 12, 2021
Target CCBCE
Sector Beverages
Buyer(s) Coca-Cola Hellenic Bottling
Deal Type Add-on Acquisition
Deal Value 427M USD

Target Company

CCBCE

Cairo, Egypt
CCBCE is a bottler and distributor of Coca-Cola beverages throughout Egypt. CCBCE was established in 1994 and is headquartered in Cairo.
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Buyer Overview 1

Buyer

Coca-Cola Hellenic Bottling

Zug, Switzerland

Category Company
Founded 1951
Sector Beverages
Employees33,000
Revenue 10.8B EUR (2024)
DESCRIPTION

Coca-Cola Hellenic Bottling is a bottler and seller of beverages for The Coca-Cola Company. The Company distributes Coca-Cola in 29 markets. Coca-Cola Hellenic Bottling also looks to create value for all stakeholders by supporting the socio-economic development of the societies in which we operate. Coca-Cola Hellenic Bottling is based in Zug, Switzerland.


Deal Context for Buyer #
Overall 2 of 2
Sector: Beverages 1 of 1
Type: Add-on Acquisition 2 of 2
Country: Egypt 1 of 1
Year: 2021 1 of 1
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-02-18 Bambi Banat a.d.

Pozarevac, Serbia

Bambi Banat a.d. is a biscuit producer in Serbia and Montenegro. Its core brand “Plazma” is one of the leading confectionary brands in Serbia. Historically, Bambi has been one of the most famous and profitable and efficient food producers in former Yugoslavia and CEE.

Buy €260M

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