Coca-Cola Europacific Partners PLC (CCEP): History, Ownership, Mission, How It Works & Makes Money

Ever wondered how Coca-Cola Europacific Partners PLC (CCEP), one of the world's leading consumer goods companies, operates and generates its impressive revenue? With a presence in 29 countries and serving a consumer base of over 600 million, CCEP plays a significant role in the beverage industry, reporting revenues of over €18.3 billion in fiscal year 2024. Dive in to explore CCEP's fascinating history, ownership structure, core mission, operational strategies, and the diverse revenue streams that fuel its success, offering valuable insights for investors, industry professionals, and curious minds alike.

Coca-Cola Europacific Partners PLC (CCEP) History

Coca-Cola Europacific Partners' Founding Timeline

Year established

The origins of Coca-Cola Europacific Partners (CCEP) can be traced back to the late 1980s and early 1990s with the consolidation of various bottling operations. However, the formal establishment of CCEP as a unified entity occurred on May 28, 2016, through the merger of Coca-Cola Enterprises, Coca-Cola Iberian Partners, and Coca-Cola Erfrischungsgetränke GmbH.

Original location

The original locations are distributed across various European countries, reflecting the merger of three major entities:

• Coca-Cola Enterprises: Primarily operating in Western Europe.
• Coca-Cola Iberian Partners: Focused on Spain, Portugal, and Andorra.
• Coca-Cola Erfrischungsgetränke GmbH: Centered in Germany.

Following the merger, the headquarters for Coca-Cola Europacific Partners was established in Uxbridge, Greater London, in the United Kingdom.

Founding team members

While Coca-Cola Europacific Partners was formed through a merger of existing companies, key figures instrumental in its creation and leadership include:

• John F. Brock: Served as the first CEO of Coca-Cola Europacific Partners, playing a crucial role in integrating the merged entities.
• Sol Daurella Comadrán: As Chairman of Coca-Cola Europacific Partners, she was pivotal in the strategic direction and governance of the newly formed company.

Initial capital/funding

As Coca-Cola Europacific Partners was formed through a merger, the initial capital came from the combined assets and market capitalization of the merging entities. This amounted to a substantial financial foundation, reflecting the scale and scope of the new company. Upon its formation in 2016, CCEP had an initial market capitalization of approximately $30 billion.

Coca-Cola Europacific Partners' Evolution Milestones

Coca-Cola Europacific Partners' Transformative Moments

• The 2016 Merger: The creation of CCEP through the merger of Coca-Cola Enterprises, Coca-Cola Iberian Partners, and Coca-Cola Erfrischungsgetränke GmbH stands as a transformative moment. This move consolidated bottling operations across Western Europe, creating a more efficient and integrated business.
• Acquisition of Coca-Cola Amatil in 2021: The acquisition of Coca-Cola Amatil significantly expanded CCEP's geographic footprint, extending its reach into the Asia-Pacific region. This acquisition not only increased the company's scale but also diversified its revenue streams and market opportunities. The deal was valued at approximately $9.8 billion AUD (around €6.3 billion).
• Focus on Sustainability: CCEP's increasing emphasis on sustainability represents a significant shift in its business strategy. By setting ambitious targets for reducing its environmental impact and investing in sustainable practices, CCEP aims to align its operations with evolving consumer and societal expectations.

To gain further insights into the financial health of Coca-Cola Europacific Partners PLC, explore: Breaking Down Coca-Cola Europacific Partners PLC (CCEP) Financial Health: Key Insights for Investors

Coca-Cola Europacific Partners PLC (CCEP) Ownership Structure

Coca-Cola Europacific Partners PLC (CCEP) has a diverse ownership structure, blending institutional, insider, and public stakeholders. Understanding this structure is key to grasping the company's governance and strategic direction. For more insight into the company's goals, explore Mission Statement, Vision, & Core Values of Coca-Cola Europacific Partners PLC (CCEP).

Coca-Cola Europacific Partners PLC (CCEP) Current Status

Coca-Cola Europacific Partners PLC (CCEP) is a publicly listed company. It is traded on the Nasdaq stock exchange under the ticker symbol CCEP.

Coca-Cola Europacific Partners PLC (CCEP) Ownership Breakdown

As a publicly traded company, CCEP's ownership is distributed among various shareholders. The table below presents an overview of the ownership breakdown:

Coca-Cola Europacific Partners PLC (CCEP) Leadership

The leadership team plays a crucial role in guiding Coca-Cola Europacific Partners PLC (CCEP)'s strategic direction and operational execution. Here are some of the key figures:

• Sol Daurella Comadrán: Chair of the Board
• Damian Gammell: Chief Executive Officer

Coca-Cola Europacific Partners PLC (CCEP) Mission and Values

The company's mission and values reflect its commitment to sustainability, growth, and making a positive impact on the communities it serves.

Core Purpose

Official mission statement

The official mission statement of the company is: To drive sustainable and profitable growth, together with our customers and brand partners; creating value for our shareholders, our people and society.

• Driving sustainable and profitable growth is at the heart of the company's mission, ensuring long-term success for all stakeholders.
• The company emphasizes collaboration with customers and brand partners, fostering strong relationships to achieve mutual goals.
• Creating value for shareholders, employees, and society underscores a commitment to responsible corporate citizenship.

Vision statement

The company's vision is to be the leading beverage company, powered by people, serving customers and communities with passion and pride.

• The company aspires to be the foremost beverage company, setting the standard for excellence in the industry.
• People are the driving force behind the company's vision, highlighting the importance of its employees.
• Serving customers and communities with passion and pride reflects a dedication to delivering exceptional service and making a positive impact.

Company slogan/tagline

While the company doesn't have a single, universally promoted slogan, it emphasizes key themes in its communications:

• Sustainability: Highlighting its commitment to reducing environmental impact and promoting responsible practices.
• Partnership: Underscoring the collaborative relationships with customers, suppliers, and communities.
• Growth: Focusing on the company's dedication to expanding its business and creating value for shareholders.

For more insights into the company's financial performance, see: Breaking Down Coca-Cola Europacific Partners PLC (CCEP) Financial Health: Key Insights for Investors

Coca-Cola Europacific Partners PLC (CCEP) How It Works

Coca-Cola Europacific Partners PLC (CCEP) operates as a leading bottler of non-alcoholic beverages, primarily serving markets in Europe, Australia, Pacific and Indonesia. The company manufactures, distributes, and markets a wide range of beverages, including Coca-Cola brands and other licensed products.

Coca-Cola Europacific Partners PLC (CCEP) Product/Service Portfolio

Coca-Cola Europacific Partners PLC (CCEP) Operational Framework

CCEP's operational framework is built around several key components:

• Manufacturing: CCEP operates numerous manufacturing plants across its territories, producing beverages in various formats, including cans, bottles, and multi-packs.
• Distribution: The company utilizes an extensive distribution network, including direct delivery to retail outlets, wholesale partners, and foodservice channels. This ensures products are readily available to consumers across diverse markets.
• Sales and Marketing: CCEP invests significantly in marketing and promotional activities to build brand awareness, drive consumer demand, and maintain strong relationships with retail partners.
• Supply Chain Management: Efficient supply chain operations are crucial for managing costs, ensuring product availability, and responding to changing market demands. This includes sourcing raw materials, managing inventory, and optimizing logistics.
• Technology and Innovation: CCEP leverages technology to improve operational efficiency, enhance customer service, and drive innovation in product development and packaging.

Coca-Cola Europacific Partners PLC (CCEP) Strategic Advantages

CCEP's strategic advantages include:

• Strong Brand Portfolio: CCEP benefits from the strength of the Coca-Cola brand and other well-known beverage brands, which command significant consumer loyalty and market share.
• Extensive Distribution Network: The company's vast distribution network provides a competitive advantage in reaching consumers across diverse geographic regions and retail channels.
• Scale and Efficiency: As one of the largest Coca-Cola bottlers globally, CCEP benefits from economies of scale, allowing it to operate efficiently and maintain competitive pricing.
• Innovation Capabilities: CCEP continuously innovates in product development, packaging, and marketing to meet evolving consumer preferences and market trends.
• Sustainability Initiatives: CCEP is increasingly focused on sustainability, with initiatives aimed at reducing environmental impact, promoting responsible water use, and supporting local communities.

For additional insights into the company's financial performance, see Breaking Down Coca-Cola Europacific Partners PLC (CCEP) Financial Health: Key Insights for Investors.

Coca-Cola Europacific Partners PLC (CCEP) How It Makes Money

Coca-Cola Europacific Partners (CCEP) primarily generates revenue through the sale of its diverse portfolio of non-alcoholic beverages.

Coca-Cola Europacific Partners PLC (CCEP) Revenue Breakdown

While specific percentage breakdowns for 2024 aren't available in the provided search results, we can analyze the general revenue streams and growth trends based on available information and industry knowledge. Please note that the percentages provided below are illustrative and based on general knowledge of the beverage industry and CCEP's operations.

Coca-Cola Europacific Partners PLC (CCEP) Business Economics

CCEP's business economics are influenced by several key factors:

• Pricing Strategy: CCEP employs various pricing strategies, including value-based pricing and competitive pricing, to optimize profitability while remaining competitive in the market.
• Economic Fundamentals: Consumer spending habits, economic growth in its operating regions, and currency exchange rates significantly impact CCEP's revenue and profitability.
• Distribution Network: CCEP leverages an extensive distribution network to reach a wide range of customers, including supermarkets, convenience stores, restaurants, and bars.
• Franchise Agreements: As a bottler, CCEP operates under franchise agreements with The Coca-Cola Company, which define the territories and products it can sell.

Coca-Cola Europacific Partners PLC (CCEP) Financial Performance

Key aspects of CCEP's financial performance include:

• In fiscal year 2023, CCEP reported revenue of €17.3 billion and comparable volume growth of 3.5%.
• In February 2024, CCEP announced its intention to commence a share buyback program of up to €500 million.
• Comparable revenue per unit case increased by 6.5% driven by price and mix.
• Statutory basic earnings per share was €1.86, while diluted earnings per share reached €1.85.

To gain more insights into CCEP's values, read: Mission Statement, Vision, & Core Values of Coca-Cola Europacific Partners PLC (CCEP).

Coca-Cola Europacific Partners PLC (CCEP) Market Position & Future Outlook

Coca-Cola Europacific Partners PLC (CCEP) holds a strong position in the beverage market, leveraging its extensive distribution network and brand recognition to maintain a competitive edge. Future outlook involves strategic expansion and adaptation to evolving consumer preferences and sustainability demands.

Competitive Landscape

Opportunities & Challenges

Industry Position

CCEP's industry position is characterized by:

• A leading bottler within the Coca-Cola system, operating in Europe and the Pacific region.
• Focus on sustainability, aiming for net-zero emissions by 2040.
• Strategic investments in technology and innovation to improve efficiency and customer engagement.

Read more about CCEP's investors: Exploring Coca-Cola Europacific Partners PLC (CCEP) Investor Profile: Who’s Buying and Why?