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Pole position

02-Oct-2003

Related topics: Financial

Coca-Cola Hellenic Bottling Company announced today the completion of its acquisition of the Polish mineral water company Multivita. Coca-Cola HBC and The Coca-Cola Company have jointly acquired 100 per cent of the shares in Multivita from Maspex.

The acquisition includes production facilities at Tylicz and the company's mineral water brands.

 

"Poland is a key developing market for Coca-Cola HBC and this acquisition demonstrates our continuing commitment to it," said CCHBC managing director Doros Constantinou.

 

"Furthermore, with its considerable potential for growth, Multivita represents a significant extension to our range of products in Poland. The addition of this quality water brand is an excellent example of CCHBC's strategy to broaden the selection of non-alcoholic beverages that we offer to our consumers."

 

Coca-Cola HBC is one of the world's largest bottlers of products of The Coca-Cola Company and has operations in 26 countries serving a population of more than 500 million people. CCHBC shares are listed on the Athens stock exchange with secondary listings on the London and Australian stock exchanges.

 

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