ATHENS, Greece - January 3, 2002 - Coca‑Cola Hellenic Bottling Company S.A. has finalised the purchase from The Coca‑Cola Company of bottling operations in the Baltic countries of Estonia, Latvia and Lithuania.
The successful completion of this transaction follows the receipt of regulatory approval by the relevant authorities.
Coca‑Cola HBC now owns soft drinks manufacturing and distribution operations in 26 countries, with more than 500 million consumers being served more than 1.2 billion cases of alcohol free beverages annually. This reinforces its position as the second-largest bottler of Coca‑Cola Company products in the world, and the largest total alcohol-free beverage group in Europe.
Coca‑Cola HBC is listed on the Athens Stock Exchange, with secondary listings in London and Sydney.
Irial Finan, Managing Director of Coca‑Cola HBC, comments: "We first announced this acquisition in July, together with our intention to acquire operations held by The Coca‑Cola Company in Russia. We are delighted to have successfully finalised both parts of the deal in the time frame we set ourselves."