Coca-Cola European Partners (CCEP) said it will change its name to Coca-Cola Europacific Partners following completion of its acquisition of Coca-Cola Amatil (CCA).
The proposed acquisition was approved by Amatil’s shareholders on 16 April and is expected to take effect on 10 May.
The new company will be the world’s largest Coca-Cola bottler and one of the leading FMCG companies in the world, employing over 33,000 people and operating in 26 countries.
“This is a significant moment for Coca-Cola Amatil and Coca-Cola European Partners, and our new name reflects what will be a broader and more balanced geographic footprint, doubling our consumer reach. As one company, we can go further together, driving growth and scaling faster,” said Damian Gammell, chief executive of CCEP.
Peter West, currently managing director of CCA Australia will become vice president and general manager for a newly created Australia, Pacific and Indonesia (API) Business Unit and join the executive leadership team of CCEP.
The new business unit’s operations include Australia, Indonesia and Papua New Guinea, and New Zealand Fiji and the Pacific Islands.
