:. Food Industry News

Categories: Mergers and Acquisitions

Coca-Cola HBC Announces Completion of Lanitis Bros Public Limited Tender

Source: Coca-Cola HBC
10/04/2006

Athens, Greece – 7 April 2006 - Coca-Cola Hellenic Bottling Company S.A. (Coca-Cola HBC, CCHBC) announced today the successful completion of its tender offer for the outstanding share capital of Lanitis Bros Public Limited on terms that have previously been announced.

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Following the completion of the offer CCHBC controls 95.43% of the outstanding share capital of Lanitis Bros Public Limited. Coca-Cola HBC intends to apply for a de-listing of the Lanitis Bros shares from the Cyprus Stock Exchange and acquire the remaining shares that were not tendered in the offer.

Doros Constantinou, Managing Director of Coca-Cola HBC, said: “We are pleased that we have completed this acquisition. Lanitis Bros is truly a total beverage company with a strong portfolio of products. It has a long, successful tradition as the market leader in Cyprus, and we are delighted to welcome the Lanitis Bros organisation to CCHBC.”



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