New company name revealed as Coca-Cola European Partners’ proposed acquisition of Coca-Cola Amatil nears completion

Coca-Cola Europacific Partners will be the name of the company as Coca-Cola Amatil (Amatil) and Coca-Cola European Partners (CCEP) join together following completion of the acquisition in May.

Coca-Cola Europacific Partners will be the world’s largest Coca-Cola bottler and one of the leading FMCG companies in the world. The company will employ over 33,000 people, serving approximately 2 million customers in 26 countries.

The proposed acquisition of Coca-Cola Amatil was announced in October 2020, and was approved by Amatil’s shareholders on 16 April 2021. Following the completion of the acquisition in May, the new company name will come into use.

The company will continue to be listed on Euronext Amsterdam, the New York Stock Exchange, London Stock Exchange and on the Spanish Stock Exchanges, and will continue to trade under the symbol CCEP.

Peter West, currently Managing Director of Coca-Cola Amatil (CCA) Australia will become Vice President and General Manager for a newly created Australia, Pacific and Indonesia (API) Business Unit and will join the executive leadership team of Coca-Cola European Partners (CCEP).

The leadership of CCEP’s existing business units and central functions remains unchanged. The new business unit’s operations include Australia, Indonesia and Papua New Guinea, and New Zealand Fiji and the Pacific Islands.

The company’s name will change to Coca-Cola Europacific Partners (CCEP). CCEP will combine the strength and scale of a large, multi-national business with an expert, local knowledge of the customers we serve and communities we support.