Coca-Cola Bottling Company UNITED Announces Close of Transaction With The Coca-Cola Company for the New Iberia, Louisiana Territory
New Iberia, Louisiana, April 1, 2016 – 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 the company’s West Region territory into New Iberia, Louisiana.
This transaction follows Coca-Cola UNITED’s announcement in which it signed Letters of Intent with The Coca-Cola Company for the acquisition of eight Coca-Cola territories in the states of Georgia, Florida, Louisiana, and Mississippi. Collectively, consistent with previous acquisitions, all parties are committed to a smooth transition with minimal disruption for Coca-Cola associates, consumers and customers.
“It’s an honor to have this opportunity to welcome New Iberia Coca-Cola into the Coca-Cola UNITED family,” said Lee Tatford, Sales Center Manager, New Iberia Coca-Cola. “To continue meeting our high customer service standards and support of the community, we have created 10 new local jobs; bringing our total to 66 associates serving this area. I am looking forward to the future as we continue to strengthen our relationships with our consumers, customers and communities throughout Acadiana.”
“I am elated that Coca-Cola Bottling Company UNITED has committed to stay in New Iberia and add at least 10 new jobs to the current operations in our City,” says Hilda Curry, Mayor for the City of New Iberia. “I appreciate their confidence in the growth potential in New Iberia. Coca-Cola has always been a great partner with the City and I look forward to future partnerships and cooperative endeavors.”
New Iberia Coca-Cola Bottling Company began operations as a division of Coca-Cola UNITED on March 31, 2016. 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 5,700 employees. Coca-Cola UNITED currently refreshes customers, consumers and communities in 35 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:
Kel Villarrubia
Crescent City Division
kelvillarrubia@ccbcu.com
C: 504-234-0798
O: 504-818-7360
Carrie Crane
Coca-Cola Bottling Company UNITED, Inc.
pamelaneal@ccbcu.com
O: 205-849-4683
C: 205-212-4068