Restructuring

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North American Bottler expands distribution territory

Coca-Cola Bottling Co Consolidated (CCBCC), an independent Coca-Cola bottler in the United States, has recently agreed to take on more distribution territory.

Since May 2014, CCBCC has taken on territory in 11 states and also purchased manufacturing facilities in Maryland, Ohio and Virginia.

Guatemala: Workers occupy the distribution center following illegal dismissals by Coca-Cola FEMSA

The Central Bottling Company S.A. (EMBOCEN), the subsidiary of Coca Cola FEMSA in Guatemala, unilaterally decided to close the Jalapa distribution center, outsource the distribution of Coca-Cola products under a presales model and dismiss all workers on October 3, 2016.

Coca-Cola FEMSA Reaches an Agreement to Acquire Vonpar in Brazil

Coca-Cola FEMSA, the largest public bottler of Coca-Cola products in the world by sales volume, announces that its Brazilian subsidiary, Spal Industria Brasileira de Bebidas S.A.(Spal), has reached an agreement with the shareholders of Vonpar to acquire 100% of Vonpar, one of the largest privately owned bottlers in the Brazilian Coca-Cola system, for an aggregate enterprise value of R$3,578 million and an approximate equity value of R$3,508 million (which is subject to confirmation on debt, cash and other customary adjustments between signing and closing). During the last twelve months ended June 30, 2016, Vonpar sold 190 million unit cases of beverages, including 23 million unit cases of beer, generating R$2,026 million in net revenues and an EBITDA of R$335 million.

Sugar Tax Threatens Jobs, South Africa Coca-Cola Bottler Says

Plants could be closed if proposed charge is implemented
Government aims to reduce sugar consumption, tackle obesity

Coca-Cola Beverages Africa, the bottling joint venture between the U.S. soft-drink maker and brewer SABMiller Plc, may close South African plants and see profit in the country more than halve if the government pushes ahead with a proposed sugar tax.

Coca-Cola seeking excessive flexibility at Ghent plant in Belgium

Coca-Cola Enterprises which is in the midst of a major merger process with Coca-Cola Iberian Partners and Germany's Coca-Cola Erfrischungsgetränke AG announced its plans to renovate its Zwijnaarde bottling plant (Ghent, Eastern Flanders) on October 2015. The gradual refurbishment includes a 75-million-Euro investment but will lead to 122 job losses from workforce of 443 by 2018. The impact will be greatest in production where 116 of 263 jobs will be lost.  Following the loss of these 122 jobs, the company wants to bring in 20% hired labour or agency workers. Two canning lines will be closed and replaced by one high speed canning filling line. Two glass lines will also be closed and replaced by one high speed multi format glass line. The hot fill blowing line will also close.

Spanish Coca-Cola workers celebrate return to work after preventing closure of Fuenlabrada factory

More than 200 Spanish Coca-Cola employees are celebrating their return to work after they blocked the closure of a factory near Madrid. Legal victories for workers are rare in Spain, where one in five people are out of work.

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