Coca-Cola Europacific Partners

Coca-Cola Europacific Partners
Name	Coca-Cola Europacific Partners
Foundation	28 May 2016
Location	Uxbridge, United Kingdom
Key people	Damian Gammell (CEO), Nik Jhangiani (CFO)
Industry	Beverage industry
Products	Coca-Cola, Sprite, Fanta, Schweppes, Monster Energy
Revenue	€17.1 billion (2023)
Num employees	~33,200 (2023)

Contents

History
Operations
Financial performance
Corporate structure
Sustainability initiatives
See also

Coca-Cola Europacific Partners. It is one of the world's largest consumer goods companies by revenue and the largest Coca-Cola bottler by revenue, operating as a strategic anchor bottler within The Coca-Cola Company's global system. Formed through a major merger, the company manufactures, distributes, and markets a vast portfolio of non-alcoholic ready-to-drink beverages across a wide geographical footprint. Its operations are critical to delivering The Coca-Cola Company's brands to millions of customers and consumers in its territories.

History

The company was created on 28 May 2016 through the merger of Coca-Cola Enterprises Inc., Coca-Cola Iberian Partners, and Coca-Cola Erfrischungsgetränke AG. This consolidation brought together bottling operations across Western Europe and created a platform for further expansion. A pivotal moment in its growth occurred in 2021 when it completed the acquisition of Coca-Cola Amatil, significantly expanding its presence into the Asia-Pacific region, including markets like Australia, New Zealand, Indonesia, and Papua New Guinea. This transformative deal was approved by shareholders and regulators, including the Australian Competition & Consumer Commission, and integrated the former Coca-Cola Amatil's extensive production and distribution network. The company's shares are listed on Euronext Amsterdam, the London Stock Exchange, and BME Spanish Exchanges.

Operations

The company operates across 29 countries, serving a population of over 600 million people. Its core markets are organized into two major units: Europe, which includes key territories like Great Britain, Spain, Portugal, Germany, and France; and the Pacific, anchored by Australia. It manages over 180 production facilities, including major plants in Wakefield, Dongen, and Sydney. Its extensive distribution network ensures products reach a diverse customer base, including major retailers like Tesco, Carrefour, and Woolworths Group (Australia). The portfolio features iconic brands from The Coca-Cola Company, such as Coca-Cola Zero Sugar, Fanta, and Sprite, alongside local favorites and partner brands like Monster Energy and Costa Coffee.

Financial performance

For the fiscal year 2023, the company reported total revenue of €17.1 billion, demonstrating consistent growth driven by pricing strategies and volume increases. Operating profit for the same period was €2.2 billion, reflecting strong underlying performance. The company is committed to returning value to shareholders, with a progressive dividend policy and a substantial share buyback program. Its financial results are reported in euros and are closely watched by analysts on Euronext Amsterdam and the London Stock Exchange. Key financial metrics are audited in accordance with International Financial Reporting Standards.

Corporate structure

The company is a publicly listed entity headquartered in Uxbridge, United Kingdom. It is led by Chief Executive Officer Damian Gammell and Chief Financial Officer Nik Jhangiani, with the board of directors chaired by Sol Daurella. As an anchor bottler, it maintains a franchise relationship with The Coca-Cola Company, which owns the brand trademarks and supplies beverage concentrates. The organizational model is designed for operational efficiency across its vast European and Pacific regions, with integrated functions for supply chain management, commercial operations, and customer development supporting its numerous local business units.

Sustainability initiatives

The company has outlined ambitious sustainability goals under its "This is Forward" action plan. A central commitment is to achieve net-zero carbon emissions across its entire value chain by 2040, aligning with the aims of the Paris Agreement. It is actively working to reduce plastic waste, with targets to use 100% recycled or renewable material in all its PET bottles and to collect a bottle or can for every one it sells. The initiatives also focus on water stewardship, aiming to replenish 100% of the water used in its finished beverages, and promoting healthier communities through partnerships with organizations like the International Federation of Red Cross and Red Crescent Societies.