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    • Aboitiz Equity Ventures Inc

      • On February 23, 2024, Philippine-based Aboitiz Equity Ventures Inc. (AEV) announced that it has jointly acquired Coca-Cola Beverages Philippines Inc. together with Coca-Cola Europacific Partners (CCEP) for $1.8 billion on a debt-free, cash-free basis. It will hold a 40% stake, while CCEP will take up the remaining 60% stake.
      en.wikipedia.org › wiki › Coca-Cola_Beverages_Philippines
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    • The Coca-Cola CompanyThe Coca-Cola Company
  2. Coca-Cola Beverages Philippines, Inc. (CCBPI, formerly Coca-Cola FEMSA Philippines, Inc. and Coca-Cola Bottlers Philippines, Inc.) is a Philippine-based company engaged in the bottling and distribution of Coca-Cola products in the country. CCBPI is part of the Bottling Investment Group (BIG), The Coca-Cola Company (TCCC)-owned bottling ...

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  4. Jun 18, 2024 · Aboitiz Equity Ventures Inc. (AEV) today announces it has, together with Coca-Cola Europacific Partners Plc (CCEP), completed its acquisition of Coca-Cola Beverages Philippines, Inc. (CCBPI), from The Coca-Cola Company (TCCC).

  5. Aug 2, 2023 · Aboitiz Equity Ventures (AEV) said it has partnered with Coca-Cola Europacific Partners (CCEP) to jointly acquire Coca-Cola Beverages Philippines at an enterprise value of $1.8 billion.

    • Jonathan Burgos
  6. Feb 23, 2024 · Monday 26 th February marks the first day of Coca-Cola Beverages Philippines Inc. (CCBPI), becoming part of Coca-Cola Europacific Partners (CCEP). The acquisition of CCBPI, jointly with Aboitiz Equity Ventures (AEV), is the latest milestone in our growth story.

  7. Feb 23, 2024 · Aboitiz Equity Ventures Inc. (AEV) and Coca-Cola Europacific Partners Plc (CCEP) have completed their $1.8-billion acquisition of Coca-Cola Beverages Philippines Inc. (CCBPI) from The Coca-Cola Company (TCCC).

  8. Aug 2, 2023 · As CCEP would be the majority owner (60%), it is expected to consolidate CCBPI as of the acquisition date and establish a non-controlling interest representing AEV’s minority interest (40%). The business would be governed by a Board of 5 members, three appointed by CCEP and two by AEV.

  9. Feb 23, 2024 · Coca-Cola Europacific Partners (CCEP) today confirms it has, together with Aboitiz Equity Ventures Inc. (AEV), completed the acquisition of Coca-Cola Beverages Philippines, Inc. (CCBPI) from The Coca-Cola Company (KO).

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