Coca-Cola Bottling Co Consolidated is taking on further territory in Tennessee

Coca-Cola Bottling Co Consolidated is taking on further territory in Tennessee

Coca-Cola Bottling Co Consolidated has further increased its franchise territory in the US as part of its agreement with The Coca-Cola Co.

The company, which is the largest independent Coca-Cola bottler in the US, will expand its distribution coverage in the country to include Cleveland and Cookeville in Tennessee. The two towns, which are served by Coca-Cola-affiliated Coca-Cola Refreshments USA Inc, are the latest to transition to CCBCC as part of Coca-Cola's decision a year ago to return its North American operations to separate business and bottler arms.

CCBCC took responsibility for Morrisstown and Johnson City, also in Tennessee, earlier this year.

“The company is continuing to work towards a definitive agreement with Coca-Cola for the remainder of the proposed franchise territory expansion … including Louisville, Paducah and Pikeville, KY and Evansville, IN,” CCBCC said.

Chairman & CEO Frank Harrison added: “This definitive agreement represents one of the final steps in completing our expansion in the state of Tennessee as the company will hold distribution rights in the significant majority of territory in eastern and central Tennessee upon completion of this transaction.”

The move is expected to close by the end of next month.

Last month, CCBC reported a 12% dip in net profits in the nine months to the end of October, as sales in the period rose by 5%.