Athens, Greece – July 21, 2003 – Coca‑Cola Hellenic Bottling Company S.A. (Coca‑Cola HBC, CCHBC) announced today its intention to acquire the Austrian mineral water company Römerquelle GmbH.
The acquisition, which is subject to approval by regulatory authorities, involves production facilities at Edelstal and Pöttsching and the mineral water and wellness brands Römerquelle and Markusquelle.
Irial Finan, Managing Director of CCHBC, commented, “This acquisition is a significant further commitment to our operations in Austria. Römerquelle and Markusquelle have great potential for continued growth in the rapidly expanding bottled water and wellness drinks segments. The acquisition of Römerquelle GmbH complements CCHBC’s strategy of selectively broadening its beverage brands to satisfy consumers”.
Anton Wandl, Managing Director of Römerquelle GmbH, commented, “CCHBC and Römerquelle have had a long and successful partnership through an ongoing distribution arrangement. We believe that this acquisition will take the brand from strength to strength and will allow us to offer enhanced service to our customers and consumers in the growing water segment”.
Coca‑Cola HBC is one of the world's largest bottlers of products of The Coca‑Cola Company and has operations in 26 countries serving a population of more than 500 million people. CCHBC shares are listed on the Athens Stock Exchange (ASE:EEEK), with secondary listings on the London (LSE:CCB) and Australian (ASX:CHB) Stock Exchanges. CCHBC’s American Depositary Receipts (ADRs) are listed on the New York Stock Exchange (NYSE:CCH).
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