Amsterdam, London - 31 May 2016 – Coca-Cola European Partners (ticker symbol: CCE), a major European fast-moving consumer goods company and the world’s largest independent Coca-Cola bottler based on net sales, began trading today on the Amsterdam and London markets of Euronext.
After opening, the first market price was €34.15 per share.The total market capitalisation of Coca-Cola European Partners at opening was approximately €16.5billion.
Coca-Cola European Partners is a new company created by the merger of three Western European bottlers, Coca-Cola Enterprises Inc, Coca-Cola Iberian Partners SAU and Coca-Cola Erfrischungsgetränke GmbH. The company serves over 300 million consumers across 13 countries in Western Europe and has pro forma annual net sales for 2015 of approximately € 11 billion, a volume of approximately 2.5 billion unit cases and EBITDA of €1.8 billion.
John Brock, CEO of Coca-Cola European Partners, said: “We are very pleased to be in Amsterdam today to celebrate the beginning of public trading for Coca-Cola European Partners. Europe represents a strong platform for long-term sustainable growth and Coca-Cola European Partners has the portfolio, the customer relationships and the innovation, flexibility, speed and scale needed to capture this opportunity. By listing on Euronext in Amsterdam and London, we are able to reach new investors and harmonise our listing with our operations.”
John Brock, CEO of Coca-Cola European Partners and Sol Daurella, Chairman of Coca-Cola European Partners, celebrated the company’s listing by sounding the gong in Amsterdam which denotes the opening of trading of Coca-Cola European Partnerson Euronext.
About Coca-Cola European Partners
Coca-Cola European Partners is a leading consumer packaged goods (CPG) company in Europe, producing, distributing and marketing an extensive range of non-alcoholic ready-to-drink beverages and is the world’s largest independent Coca-Cola bottler based on net sales. Coca-Cola European Partners serves a consumer population of over 300 million across Western Europe, including Andorra, Belgium, continental France, Germany, Great Britain, Luxembourg, Monaco, Norway, Portugal, Spain, Sweden and the Netherlands. The company is listed on Euronext Amsterdam, the New York Stock Exchange, Euronext London and on the Spanish stock exchanges and trades under the symbol CCE. For more information about CCEP, please visit www.ccep.comand follow CCEP on Twitter at @CocaColaEP.