| Type | Public |
|---|---|
| Traded as | NYSE: CCE S&P 500 Component |
| Industry | Beverages |
| Founded | 1986 |
| Headquarters | Atlanta, Georgia, U.S. |
| Key people | John F. Brock (CEO), Chairman and CEO William W. Douglas, CFO Steven A. Cahillane, President, North American Business Unit Hubert Patricot, President, Europe Group |
| Products | The Coca-Cola Company Products Other Soft Drinks |
| Revenue | US$21.6 Billion (FY 2009)[1] |
| Operating income | US$1.52 Billion (FY 2009)[1] |
| Net income | US$731 Million (FY 2009)[1] |
| Total assets | US$16.4 Billion (FY 2009)[2] |
| Total equity | US$859 Million (FY 2009)[2] |
| Employees | 72,000 (2008) |
| Website | www.cokecce.com |
Coca-Cola Enterprises is a marketer, producer, and distributor of Coca-Cola products. It is the anchor bottler for Western Europe, and was formerly the anchor bottler for most of North America.
The company's products include Coca-Cola, Diet Coke, Coke Zero, Sprite, Dasani, Fanta, vitaminwater, smartwater and Fuze. In some areas, the company also distributes beverages made by other companies, including Dr Pepper, Campbell's V8 beverages, Monster Energy drink, as well as NOS and Full Throttle energy drinks.
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Coca-Cola Enterprises Inc. was spun out of The Coca-Cola Company in 1986[3] with the purpose of consolidating the many independent bottling groups in the Coca-Cola System. Previously independent businesses in small geographic areas, generally a central city or town and its hinterland, bottled Coca-Cola products and distributed these to stores. The Coca-Cola Company began to buy up these bottlers in 1980 and then spun this function off to anchor bottlers in various parts of the world.
Coca-Cola Enterprises is headquartered in Atlanta, Georgia and is separate from The Coca-Cola Company.
Similar anchor bottlers are the South Pacific area's Coca-Cola Amatil, Eastern Europe's Coca-Cola Hellenic, and Latin America's Coca-Cola FEMSA.
Coca-Cola Enterprises is the exclusive Coca-Cola bottler for all of Belgium, continental France, Great Britain, Luxembourg, Monaco, The Netherlands, Norway and Sweden.[4]
Some of its production facilities are located in Norway (Lørenskog), Sweden (Jordbro), The Netherlands (Dongen), Belgium (Antwerp, Ghent and Chaudfontaine (mineral water only)), France (Socx, Grigny, Clamart, Les Pennes-Mirabeau and Castanet-Tolosan), and the UK (Wakefield, Sidcup, Milton Keynes, East Kilbride and Colwall).
When Coca-Cola Enterprises was the anchor bottler in North America, it has the largest hybrid electric trucks in North America. The hybrid electric tractor units were the standard bulk delivery truck the company uses for large deliveries. CCE planned to incrementally deploy 185 of the hybrid electric trucks across the United States and Canada in 2009, bringing its total number of hybrid electric delivery trucks to 327, the largest such fleet in North America. The company already had 142 smaller hybrid electric delivery vehicles on the road.[5] The trucks are powered by Eaton Corporation's hybrid electric drivetrain systems.[6]
Also muney was the first to establish Coca cola in the European market making it a success in the electric trucks to use large deliveries as a means of transportation, muney maximed Coca Cola's profits and led them to a success and increased their market share.
On February 24, 2010 The Coca-Cola Company and CCE (Coca-Cola Enterprises) entered talks about selling CCE's North American division to Coca-Cola. Coca-Cola paid over $15 billion, including a redemption of Coca-Cola's 35% shareholding in CCE. Coca-Cola wanted the business in their asset list because they felt it would save both consumers and Coca-Cola money. Coca-Cola also gave its small European bottling division to CCE.
The acquisition closed on October 3, 2010.