03 August 2023
03 August 2023
US sales slumped in Q2 but growth in Asia Pacific helped volumes and the brewer kept its forecast for annual profits.
CCEP has no plans to leave the alcohol business in the region following the end of the Beam Suntory contract.
The hot drinks major is to stop selling international brands in the country by the end of the year.
Tanteo, which was founded in 2007, sold over 70,000 cases of its infused Tequila products.
The newly acquired 90,000-square-foot winery will produce Charmat-style sparkling wine and carbonate wines in-line.
CCBC's sparkling water and kombucha brands will join the WA-based company's portfolio.
CCEP has signed a “letter of intent” to buy Coca-Cola Beverages Philippines with a local conglomerate.
Price hikes hit volumes in H1 but CEO stands by overall strategy, while conceding there are “a couple of learnings”.
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