Coca-Cola UNITED Welcomes Pensacola Coca-Cola and Announces the Transaction with The Coca-Cola Company in Pensacola, Florida
Pensacola, FL, September 29, 2014 – Coca-Cola Bottling Company UNITED, headquartered in Birmingham, AL, announced today, it closed the transaction with The Coca-Cola Company expanding the company’s territory into Pensacola, Florida. Coca-Cola Bottling Company UNITED (CCBCU) began operating the new territories acquired in the transaction effective September 27, 2014. Terms of the transaction were not disclosed.
“We are pleased to include Pensacola Coca-Cola Bottling Company into the Coca-Cola UNITED family,” said Steve Wood, Division Director, Pensacola Coca-Cola Bottling Company. “We share a common desire to deliver the greatest brands in the beverage industry to consumers in the areas we call home.”
This transaction follows The Coca-Cola Company’s announcement last year, in which it signed Letters of Intent to grant new, expanded territories to five U.S. bottlers: Coca-Cola Bottling Co. Consolidated, Coca-Cola Bottling Company UNITED Inc., Swire Coca-Cola USA, Coca-Cola Bottling Company High Country and Corinth Coca-Cola Bottling Works Inc.
“Our 21st Century Beverage Partnership Model underscores the strength of our franchise System and independent bottlers are critical to our success,” said Sandy Douglas, Group President, Coca-Cola North America. “Together with UNITED, we continue to transform our U.S. business and move closer to achieving our 2020 Vision.”
“The Pensacola area is pleased to welcome Coca-Cola Bottling Company UNITED to our city. With the announced addition of new employees and a tradition of community involvement, the city looks forward to many years of partnership with Pensacola Coca-Cola Bottling Company and their parent company, Coca-Cola UNITED,” said Ashton Hayward, Mayor of Pensacola.
“On behalf of all my fellow associates, we are very excited about Coca-Cola UNITED’s entry into the great state of Florida,” said Bo Taylor, Vice President – Central Region, Coca-Cola Bottling Company UNITED. “We are grateful to have the opportunity to work with talented and dedicated men and women who have skillfully managed this Coca-Cola franchise serving consumers, customers, and supporting the communities in which they operate.”
Currently, Coca-Cola Bottling Company UNITED has locations in seven southeastern states. Coca-Cola UNITED, founded in 1902, is committed to their employees, consumers, customers and communities.
About Coca-Cola Bottling Company UNITED, Inc.:
Coca-Cola Bottling Company UNITED, Inc., founded in 1902, is the third largest Coca-Cola bottling company in the United States headquartered in Birmingham, Alabama. Coca-Cola UNITED currently operates in the following locations: Augusta, Ga.; Baton Rouge, La.; Birmingham, Ala.; Brunswick, Ga.; Chattanooga, Tenn.; Cullman, Ala.; Gulfport, Miss.; Hattiesburg, Miss.; Lafayette, La.; Lake Charles, La.; McComb, Miss.; McRae, Ga.; Milledgeville, Ga.; Oxford, Ala.; Pensacola, Fla.; Savannah, Ga.; Spartanburg, S.C.; Statesboro, Ga.; Valparaiso, Fla.; Waycross, Ga.; and West Alabama.
Coca-Cola UNITED is engaged principally in the production, marketing and distribution of Coca-Cola, Diet Coke, Sprite, Fanta, Dasani water, POWERADE and other beverages under exclusive franchises from The Coca-Cola Company and other soft drink manufacturers. For more information, visit www.cocacolaunited.com.
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Coca-Cola Bottling Company UNITED