REG - Coca-Cola HBC AG - Completion of the acquisition of Bambi, in Serbia

Coca Cola HBC AGAnnouncement

19/06/2019 07:05

RNS Number : 7255C
Coca-Cola HBC AG
19 June 2019
 


FOR IMMEDIATE RELEASE
Coca-Cola HBC AG
 
Completion of the acquisition of Bambi, the leading confectionery brand in Serbia
 
Zug, Switzerland - 19 June 2019 - Following its initial announcement on 18 February 2019, Coca-Cola HBC AG ("Coca-Cola HBC") is pleased to confirm the completion of the acquisition of Bambi, Serbia's leading confectionery brand.  Coca-Cola HBC will now include the Bambi business in its consolidated financial statements.
 
The acquisition adds market-leading, iconic brands in a relevant, adjacent category, creating opportunities for revenue synergies, complementary innovation and cost efficiencies. The Bambi business also brings a strong distribution network, including chilled distribution, in strategically important channels such as traditional retail and HoReCa.
 
Zoran Bogdanovic, CEO of Coca-Cola HBC, commented: "I would like to welcome the Bambi team to the Coca-Cola HBC family.  We have exciting times ahead as together we look to create value for our customers and ourselves, by strengthening our presence in key consumption occasions, such as the start of the day, on the go and at home snacking and refreshment."


Enquiries
Coca‑Cola HBC Group




 


 




Joanna Kennedy
Investor Relations Director


Tel: +44 20 37 444 230
 joanna.kennedy@cchellenic.com




 


 




Carla Fabiano
Investor Relations Manager


Tel: +44 20 37 444 231
carla.fabiano@cchellenic.com
 




David Hart
Group External Communication Director


Tel: +41 41 726 0143
 david.hart@cchellenic.com




 


 




 


International media contact:
Teneo
Rob Morgan


Tel: +44 7557 413 275
robert.morgan@teneo.com
 


 




 


Greek media contact:
V+O Communications
Argyro Oikonomou


Tel: +30 211 7501219
ao@vando.gr


 




 


 



 
 
 
 
 



 
About Coca‑Cola HBC
Coca-Cola HBC is a leading bottler of The Coca-Cola Company with an annual sales volume of more than 2 billion unit cases. It has a broad geographic footprint with operations in 28 countries serving a population of more than 600 million people. Coca-Cola HBC offers a diverse range of primarily non-alcoholic ready-to-drink beverages in the sparkling, juice, water, sport, energy, tea and coffee categories. Coca-Cola HBC is committed to promoting sustainable development in order to create value for its business and for society. This includes providing products that meet the beverage needs of consumers, fostering an open and inclusive work environment, conducting its business in ways that protect and preserve the environment and contribute to the socio-economic development of the local communities. Coca-Cola HBC is ranked among the top sustainability performers in ESG benchmarks such as the Dow Jones Sustainability Indices, CDP, MSCI ESG and FTSE4Good, among others.
 
Coca-Cola HBC has a premium listing on the London Stock Exchange (LSE: CCH) and its shares are listed on the Athens Exchange (ATHEX: EEE). For more information, please visit http://www.coca-colahellenic.com.




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