FOR
IMMEDIATE RELEASE
Coca-Cola
HBC AG
Acquires
BDS Vending in Ireland, a well-established vending company, to
enhance route-to-market capabilities.
Zug, Switzerland - 22 February
2024 - Coca-Cola HBC AG ("Coca-Cola HBC"),
is pleased to announce that its wholly-owned subsidiary, Coca-Cola
HBC Northern Ireland Limited, has reached an agreement to acquire
100% of BDS Vending Solutions Ltd ("BDS Vending") (the "Proposed
Transaction"). BDS Vending, founded in 1993, is a well-established
food and drink vending services business in Ireland, with a fleet
of approximately 2,000 vending machines. The two founders, David
Mullan and Brian Berry, have agreed to support the ownership
transition of BDS Vending following completion of the Proposed
Transaction.
The acquisition of BDS Vending is
consistent with Coca-Cola HBC's strategy to enhance its
route-to-market capabilities, including last mile delivery, while
at the same time it will unlock profitable opportunities across its
well-rounded cold and hot beverages and snacks portfolio. BDS
Vending furthermore provides a valuable building block, with proven
technology and services, from which Coca-Cola HBC plans to develop
additional capabilities across its markets.
The Proposed Transaction is subject
to approval by the Competition and Consumer Protection Commission
(CCPC) in Ireland and is anticipated to be completed over the
coming months.
Enquiries
Coca‑Cola HBC Group
Investors and Analysts:
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John Dawson
Investor Relations Director
(Interim)
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Tel: +44
7552 619509
john.dawson@cchellenic.com
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Jemima Benstead
Investor Relations Manager
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Tel:
+44 7740 535130
jemima.benstead@cchellenic.com
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Virginia Phillips
Investor Relations Manager
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Tel:
+44 7864 686582
virginia.phillips@cchellenic.com
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Media:
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Sonia Bastian
Head of Communications
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Tel: +41
7946 88054
sonia.bastian@cchellenic.com
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Claire Evans
Group Senior Communications
Manager
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Tel: +44 7597 562 978
claire.evans@cchellenic.com
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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 open up moments that refresh us all, by
creating value for our stakeholders and supporting the
socio-economic development of the communities in which we operate.
With a vision to be the leading 24/7 beverage partner, we offer
drinks for all occasions around the clock and work together with
our customers to serve 740 million consumers across a broad
geographic footprint of 29 countries. Our portfolio is one of the
strongest, broadest and most flexible in the beverage industry,
with consumer-leading beverage brands in the sparkling, adult
sparkling, juice, water, sport, energy, ready-to-drink tea, coffee,
and premium spirits categories. These include Coca-Cola, Coca-Cola
Zero Sugar, Fanta, Sprite, Schweppes, Kinley, Costa Coffee, Caffè
Vergnano, Valser, FuzeTea, Powerade, Cappy, Monster Energy,
Finlandia Vodka, The Macallan, Jack Daniel's and Grey Goose. We
foster an open and inclusive work environment amongst our 33,000
employees and believe that building a more positive environmental
impact is integral to our future growth. We rank among the top
sustainability performers in ESG benchmarks such as the Dow Jones
Sustainability Indices, CDP, MSCI ESG, FTSE4Good and ISS
ESG.
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.
About BDS Vending Solutions
BDS Vending Solutions is a
privately-held dedicated food and drink vending services business
that offers full-service vending solutions, including machine
sales, supply, operation, servicing and customer support services.
BDS Vending Solutions, founded in 1993 by David Mullan and Brian
Berry, is based in Dublin and primarily active in Ireland with
minor operations in Northern Ireland. It operates depots in Dublin,
Cork, Galway, Sligo, Limerick and Wexford.
BDS Vending Solutions sells a range of different
products, including cold beverages, hot beverages, snacks and a
limited fresh food assortment. BDS Vending
Solutions provides vending services to customers operating across a
range of different channels including workplace, education, healthcare, sports and leisure,
and entertainment. In addition to its vending services offering,
BDS Vending Solutions is also active in providing contract catering
services to offices and other work environments.