:. Food Industry News

Categories: Mergers and Acquisitions

Coca-Cola HBC Announces Completion of Fresh & Co Acquisition

Source: Coca-Cola HBC
13/03/2006

Athens, Greece – 13 March 2006 - Coca-Cola Hellenic Bottling Company S.A. (Coca-Cola HBC, CCHBC), announced today the completion of its joint acquisition with The Coca-Cola Company of the Serbian fruit juices company Fresh & Co.

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The acquisition includes a production facility located at Subotica and the juice and nectar brands “Next” and “Su-Voce."

The net consideration for the acquisition was €18.5 million (excluding acquisition costs), with the assumption of debt of an additional €23.6 million. CCHBC’s share of the purchase price and debt was €21 million.



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