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Image header Agence Europe
Europe Daily Bulletin No. 11427
Contents Publication in full By article 20 / 22
NEWS BRIEF / (ae) competition

09/11/2015 (Agence Europe) - Joint control of CCEP by TCCC and Cobega. The European Commission gave clearance on Monday 9 November to the acquisition of joint control over Coca-Cola European Partners Plc. (CCEP) of the UK by The Coca-Cola Company (TCCC) of the US and Cobega, S.A. of Spain. TCCC is a brand owner, trademark licensor and producer of soft drink concentrates, syrups, fountain soft drink syrup and finished beverages. It sells its products to bottlers. Cobega is active in bottling and distributing beverages. CCEP will bring together four existing Coca-Cola bottlers active in Germany, Belgium, France, United Kingdom, Luxembourg, the Netherlands, Norway, Sweden, Spain, Portugal, Andorra and Iceland. TCCC already controls one of the four bottlers, Coca-Cola Erfrischungsgetränke AG. Cobega already controls two of the bottlers, Coca-Cola Iberian Partners S.A. and Vífilfell. The Commission concluded that the proposed acquisition raises no competition concerns, as the activities of the bottlers do not overlap geographically and customers currently using the Coca-Cola bottlers would continue to have sufficient alternative choices. (EL)