Alexandria Announcement: Close of Transaction with The Coca-Cola Company

 

Coca-Cola Bottling Company UNITED Announces Closing of Transaction with The Coca-Cola Company for Alexandria Coca-Cola Bottling Company

 Acquisition; Territory; SOF; Coca-Cola UNITED; Press Release

 

Alexandria, Louisiana, November 2, 2015 – Coca-Cola Bottling Company UNITED, Inc. (“Coca-Cola UNITED”), headquartered in Birmingham, AL, announced today, it closed the transaction with The Coca-Cola Company expanding Coca-Cola UNITED’s West Region territory into Alexandria, Louisiana.

 

“It’s with great enthusiasm that we welcome the Louisiana and Mississippi Coca-Cola territories into the West Region of our Coca-Cola UNITED family,” said Paul Favaron, Vice President, West Region, Coca-Cola Bottling Company UNITED, Inc. “To support their work and our locally focused business model, we will be creating 78 new local jobs collectively, in Alexandria, Monroe, Shreveport, and Natchez.”

 

“We couldn’t be more enthusiastic to be a part of the Coca-Cola UNITED family.  One of many reasons for our enthusiasm is the UNITED local business operating model. This model supports the strong relationships we have with our customers, consumers and communities,” said Ashley Vest, Sales Center Manager, Alexandria Coca-Cola Bottling Company.  “Our commitment is reflected by the fact that we have created 25 incremental local jobs to support our local model and be our customer’s #1 supplier.  We’ve been committed to making a strong positive impact for over 100 years strong, and we will continue to do so as a part of Coca-Cola UNITED.”

 

Alexandria Coca-Cola services Alexandria, Pineville and other surrounding communities within Central Louisiana. “The City of Pineville has always enjoyed a great partnership with our local Coca-Cola representatives. We are excited about the new direction ownership is taking Coke locally; and look forward to even greater opportunities for all of Central Louisiana!” – Mayor Clarence Fields, City of Pineville.

Alexandria Coca-Cola Bottling Company began operations as a part of Coca-Cola UNITED October 31, 2015. Terms of the transaction were not disclosed.

 

About Coca-Cola Bottling Company UNITED, Inc.:

Founded in 1902 and headquartered in Birmingham, Alabama, Coca-Cola Bottling Company UNITED, Inc. is the third largest bottler of Coca-Cola products in the United States and the largest privately held Coca-Cola bottler employing more than 4,800 employees. Coca-Cola UNITED currently refreshes customers, consumers and communities in 33 territories across 7 southeastern states with sparkling and still brands for every occasion.  Engaged principally in the production, marketing and distribution of Coca-Cola, Diet Coke, Coke Zero, Sprite, Fanta, Dasani water, POWERADE, vitaminwater and many more under exclusive franchise agreements with The Coca-Cola Company and other soft drink manufacturers.

With an enduring commitment to building sustainable communities, Coca-Cola UNITED is focused on initiatives that reduce our environmental footprint, support active, healthy living, create a safe, inclusive work environment for our associates, and enhance the economic development of the communities where we live and work. For more information, visit us at www.cocacolaunited.com.