
Coca-Cola HBC
Date | Investors | Amount | Round |
---|---|---|---|
N/A | €0.0 | round | |
N/A | €0.0 | round | |
* | N/A | €1.2b | Post IPO Debt |
Total Funding | 000k |
Coca-Cola HBC, one of the largest bottlers of Coca-Cola products, has a rich history that intertwines with the global expansion of the Coca-Cola brand. The company was originally founded as Hellenic Bottling Company S.A. in 1969 in Greece. It was the vision of its founders, who saw the potential in expanding Coca-Cola's reach across Europe and beyond.
In 2000, a significant milestone was achieved when Hellenic Bottling Company merged with Coca-Cola Beverages, forming Coca-Cola HBC. This merger was a strategic move to consolidate operations and expand the company's footprint across 28 countries, primarily in Europe and Nigeria. The merger allowed Coca-Cola HBC to leverage economies of scale and streamline its operations, making it one of the most efficient bottlers in the Coca-Cola system.
Coca-Cola HBC went public in 2001, listing on the Athens Stock Exchange and the London Stock Exchange. This IPO was a pivotal moment, providing the company with the capital needed to invest in new markets and technologies. Over the years, Coca-Cola HBC has continued to innovate, focusing on sustainability and community engagement as core components of its business strategy.
Today, Coca-Cola HBC is recognized not only for its extensive product portfolio but also for its commitment to reducing its environmental impact and supporting local communities. The company's journey from a regional bottler to a key player in the global beverage industry is a testament to its strategic vision and operational excellence.
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