Athens, Greece – 30 December 2003 – Coca‑Cola Hellenic Bottling Company S.A. (Coca‑Cola HBC, CCHBC), announced today the completion of its acquisition of 100% of the Greek potato chip company, Tsakiris S.A., the second biggest brand in the Greek potato chip market with annual revenues of approximately €6 million and market share of around 10%. Tsakiris is a wholly-owned subsidiary of Athens Exchange (ATHEX) listed Plias S.A.

The acquisition, for a cash consideration of €6.2 million, has been approved by the CCHBC Board following legal and financial due diligence and receipt of an independent fairness opinion on the purchase price.

Doros Constantinou, Managing Director of CCHBC, commented:

“This transaction brings CCHBC a well-known Greek brand with significant potential. We will be able to leverage our unique domestic infrastructure to develop the strong heritage of this brand. While the group’s strategy to grow and develop our carbonated and non-carbonated beverages remains unchanged, Tsakiris complements well our diverse non-alcoholic beverage portfolio in Greece and provides an excellent opportunity to explore the potential synergies between the two sectors in one of our most established markets.”

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 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).


Company Contacts:

Coca‑Cola HBC

Melina Androutsopoulou

Investor Relations Director



Tel: (+30) 210 618 3229


Coca‑Cola HBC

Thalia Chantziara

Investor Relations Analyst


Tel: (+30) 210 618 3124


European Press Contact:

Financial Dynamics Greece

Alastair Hetherington

Tel: 0044 207 269 7100

Mobile: +44 7909 925 805


U.S. Press Contact:

Financial Dynamics

Brian Maddox

Lindsay Hatton


Tel: (+1) 212 850 5600



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