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    CCH   CH0198251305

COCA-COLA HBC AG

(CCH)
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Coca Cola HBC : Completes the acquisition of a minority stake in Caffè Vergnano

10/07/2021 | 09:17am EST
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  4. Coca-Cola HBC AG Completes the acquisition of a minority stake in Caffè Vergnano
Coca-Cola HBC AG Completes the acquisition of a minority stake in Caffè Vergnano
07 Oct 2021

Zug, Switzerland - 7 October 2021 - Following its announcement on 28 June 2021, Coca-Cola HBC AG ("Coca-Cola HBC") is pleased to announce the completion of the acquisition of a 30% equity shareholding in Casa del Caffè Vergnano ("Caffè Vergnano").

Caffè Vergnano is one of the oldest coffee roasters in Italy offering a truly premium, high-quality coffee that represents Italian heritage and authenticity at its best. As part of this deal, Coca-Cola HBC has entered into an exclusive distribution agreement for Caffè Vergnano's products in Coca-Cola HBC's territories outside of Italy.

Coca‑Cola HBC Group

Investors and Analysts:

Joanna Kennedy

Investor Relations Director

Tel: +44 7802 427505

joanna.kennedy@cchellenic.com

Carla Fabiano

Investor Relations Manager

Tel: +44 7808 215245

carla.fabiano@cchellenic.com

Marios Matar

Investor Relations Manager

Tel: +306974443335

marios.matar@cchellenic.com

Media:

David Hart

Group Communication Director

Tel: +41 41 726 0143

david.hart@cchellenic.com

About Coca-Cola HBC

Coca-Cola HBC is a growth-focused consumer packaged goods business and strategic bottling partner of The Coca-Cola Company. We create value for all our stakeholders by supporting the socio-economic development of the communities in which we operate and we believe building a more positive environmental impact is integral to our future growth. Together, we and our customers serve more than 600 million consumers across a broad geographic footprint of 28 countries on three continents. Our portfolio is one of the strongest, broadest and most flexible in the beverage industry, offering consumer-leading beverage brands in the sparkling, juice, water, sport, energy, plant-based, ready-to-drink tea, coffee, adult sparkling and premium spirits categories. These beverages include Coca-Cola, Coca-Cola Zero, Schweppes, Kinley, Costa, Valser, Romerquelle, Fanta, Sprite, Powerade, FuzeTea, Dobry, Cappy, Monster and Adez. We foster an open and inclusive work environment amongst our more than 26,000 employees and we are ranked among the top sustainability performers in ESG benchmarks such as the Dow Jones Sustainability Indices, CDP, MSCI ESG and FTSE4Good.

Coca-Cola HBC has a premium listing on the London Stock Exchange (LSE:CCH) and is listed on the Athens Exchange (ATHEX:EEE). For more information, please visit https://www.coca-colahellenic.com.

Disclaimer

Coca-Cola HBC AG published this content on 07 October 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 07 October 2021 13:16:04 UTC.


© Publicnow 2021
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Sales 2021 7 072 M 8 000 M 8 000 M
Net income 2021 525 M 593 M 593 M
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P/E ratio 2021 19,2x
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Last Close Price 27,59 €
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Spread / Average Target 25,7%
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Zoran Bogdanovic Chief Executive Officer & Executive Director
Ben Almanzar Chief Financial Officer
Anastassis Georgiou David Non-Executive Chairman
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