|This article relies on references to primary sources. (April 2009)|
|Traded as||NYSE: CCE
S&P 500 Component
|Headquarters||Atlanta, Georgia, U.S.|
|Key people||John F. Brock (CEO), Chairman and CEO
William W. Douglas, CFO
Hubert Patricot, President, Europe Group
|Products||The Coca-Cola Company Products
Other Soft Drinks
|Revenue||US$7.6 Billion (FY 2012)|
|Operating income||US$1.03 Billion (FY 2011)|
|Net income||US$677 Million (FY 2012)|
|Total assets||US$9.09 Billion (FY 2011)|
|Total equity||US$2.90 Billion (FY 2011)|
In 1980, Coca-Cola acquired the Coca-Cola Bottling Company of New York for $215 million. In 1982, Coca-Cola acquired the Associated Coca-Cola Bottling Company for $417.5 million. In 1986, Coca-Cola acquired the bottling operations of Beatrice Foods. Coca-Cola Enterprises Inc. was spun off from The Coca-Cola Company in 1986. The purpose was consolidating the many independent bottling groups in the Coca-Cola System. Previously, independent businesses in small geographic areas, generally a central city or town and its hinterland, bottled Coca-Cola products and distributed these to stores. Coca-Cola headquarters began to buy up these bottlers in 1980 and then spun this function off to anchor bottlers in various parts of the world.
The company has its headquarters in Atlanta, Georgia and is separate from The Coca-Cola Company.
Coca-Cola Enterprises is the exclusive Coca-Cola bottler for all of Belgium, continental France, Great Britain, Luxembourg, Monaco, The Netherlands, Norway and Sweden.
Some of its production facilities are located in Norway (Lørenskog), Sweden (Jordbro), The Netherlands (Dongen), Belgium (Antwerp, Ghent and Chaudfontaine (mineral water only)), France (Socx, Grigny, Clamart, Les Pennes-Mirabeau and Castanet-Tolosan), and the UK (Wakefield, Sidcup, Milton Keynes, East Kilbride and Colwall).
When Coca-Cola Enterprises was the anchor bottler in North America, it had the largest hybrid electric trucks in North America. The hybrid electric tractor units were the standard bulk delivery truck the company uses for large deliveries. CCE planned to incrementally deploy 185 of the hybrid electric trucks across the United States and Canada in 2009, bringing its total number of hybrid electric delivery trucks to 327, the largest such fleet in North America. The company already had 142 smaller hybrid electric delivery vehicles on the road.[dead link]The trucks are powered by Eaton Corporation's hybrid electric drivetrain systems.
Sale of assets to The Coca-Cola Co.
On February 24, 2010, The Coca-Cola Company and CCE (Coca-Cola Enterprises) entered talks about selling CCE's North American division to Coca-Cola. Coca-Cola paid over $15 billion, including a redemption of Coca-Cola's 33% shareholding in CCE. Coca-Cola wanted the business in their asset list because they felt it would save both consumers and Coca-Cola money. Coca-Cola also spun-off its small European bottling division to "New CCE".
- "Coca-Cola Enterprises : Officers". Ir.cokecce.com. Retrieved 2012-11-02.
- Coca-Cola Enterprises (CCE) annual SEC income statement filing via Wikinvest
- Coca-Cola Enterprises (CCE) annual SEC balance sheet filing via Wikinvest
- "Schweppes Drinks : Ingredients and Nutritional Information - Coca-Cola GB". Coca-cola.co.uk. 2010-04-13. Retrieved 2013-10-26.
- Coca-cola Buys Own Bottling Firm
- A $417.5 MILLION OFFER BY COCA-COLA FOR BOTTLER
- Coca-Cola to Pay 1 Billion for Bottling Plants in US and Canada
- Financial Times "Coca-Cola has tended to keep its bottlers at arm’s length"
- Coca-Cola Enterprises homepage "The World's Largest Bottler"
- Coca-Cola Enterprises Launches Largest Hybrid Electric Delivery Trucks in North America
- Coca-Cola Orders 120 New Hybrid Trucks; Eaton’s Largest NA Commercial Order to Date
- "Coke in talks to buy bulk of bottler - source". Reuters. February 24, 2010. Retrieved November 2, 2012.
- "The Coca-Cola Company Completes Transaction of the Coca-Cola Enterprises". BevNET. October 4, 2010. Retrieved November 2, 2012.
- "Coca-Cola Co. Closes Acquisition Of Coca-Cola Enterprises' North American Operations". SMR. October 6, 2010. Retrieved November 2, 2012.