Coca-Cola completes merger to make supply-chain savings

Three European Coca-Cola franchises have decided to merge, in attempt to save up to £242 million in operating costs (pre-tax) over the space of three years.

The deal is estimated to close during the second quarter of the 2016 financial year, and the new company – Coca-Cola European Partners (CCEP) – aims to make over £8 billion in net revenue per year.

CCEP will be made up of:

  • Coca-Cola Enterprises
  • Coca-Cola Iberian Partners
  • Coca-Cola Erfrischungsgetränke

CCEP will be incorporated and headquartered in London, and it will be responsible for supplying the world's most famous soft drink to an estimated 300 million consumers in 13 Western-European countries and territories. These are (in size order):

  • France
  • Spain
  • Sweden
  • Norway
  • Germany
  • The United Kingdom
  • Iceland
  • Portugal
  • The Netherlands
  • Belgium
  • Luxembourg
  • Andorra
  • Monaco

Employing locally and operating efficiently

CCEP will have 50 bottling plants across Europe, and its spearheads have vowed to employ locals and distribute the produce locally.

John Brock, current CEO of Coca-Cola Enterprises, will become the CEO of the new company. He said: "This transaction offers clear synergies, along with the scale to better serve the needs of our customers and consumers in Western Europe."

Make supply-chain savings by hiring skilled procurement staff

Companies of all sizes should look to improve the value of its supply chain and strive to operate more efficiently.

Portfolio can help you find highly skilled, experienced and confident procurement staff, who will save your organisation thousands of pounds per year through the introduction of more strategic buying policies and practices.

Our expert recruitment consultants will work with you to identify the strongest candidates for your vacancies. If you choose to work with us, we will be your trusted recruitment partner. For more information, call 020 7650 3191.

Alternatively, you can post your procurement vacancy on our system now – we'll get searching for the right person immediately.

View Our Resources

Contract Procurement Recruitment

If you are looking for a contract procurement professional to come in and help your business so...read more

Procurement Category Lead Vacancies

If you're a skilled procurement professional looking for a role in a category lead capacity, we ca...read more

Global supply chain risk climbs to record highs thanks to EU uncertainty

The second quarter of 2016 saw global supply chain risk climb 80.8 points, according to the CIP...read more

THE SUNDAY TIMES 100 BEST SMALL COMPANIES AWARD FOR 2017!

Portfolio Payroll Ltd have achieved 82nd in the prestigious Sunday Times 100 Best Small Companies to...read more