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

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

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

 

Shreveport, 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 Shreveport, 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 join the UNITED Family,” said Wayne Lancaster, Sales Center Manager, Shreveport Coca-Cola. “Coca-Cola UNITED has a strong history of winning in their markets by building great teams, focusing on elite customer service and being great community partners.  As a part of Coca-Cola UNITED, we will continue to invest in the local economy.  At Shreveport Coca-Cola, we have been able to create 29 incremental jobs to support our local business model and high customer service standards.  With great people, great brands, and our commitment to excellent customer service and community, we will continue to make a positive difference where we live and work.  We look forward to being a part of the Coca-Cola UNITED family and a continued legacy of winning.”

 

“We are thrilled that additional jobs will accompany our local Coca-Cola expansion,” said Mayor Ollie Tyler, City of Shreveport. “This is great news for area families and for our local economy.”

 

Shreveport 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 second 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.

 

Contact:
Carrie Crane
Coca-Cola Bottling Company UNITED, Inc.
carriecrane@ccbcu.com
O:  205-849-4683
C:  205-212-4068