Coca-Cola Enterprises
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| Type | Public (NYSE: CCE) |
|---|---|
| Founded | 1986 |
| Headquarters | Atlanta, Georgia, USA |
| Key people | John F. Brock (CEO), Chairman and CEO William W. Douglas, CFO Steven A. Cahillane, President, North American Business Unit Hubert Patricot, President, Europe Group |
| Industry | Beverages |
| Products | The Coca-Cola Company Products Other Soft Drinks |
| Revenue | ▲$21.807 million USD (2008) |
| Operating income | ▼$(6,299) million USD (2008) |
| Net income | ▼$(4,394) millon USD (2008) |
| Employees | 72,000 (2008) |
| Website | www.cokecce.com |
Coca-Cola Enterprises NYSE: CCE is the world's largest marketer, producer, and distributor of Coca-Cola products. It is the anchor bottler for North America and Western Europe.
The company's products include Coca-Cola, Diet Coke, Coke Zero, Sprite, Dasani, Fanta, vitaminwater, smartwater and Fuze. In some areas, the company also distributes beverages made by other companies, including Dr Pepper, Campbell's V8 beverages and Monster Energy Drink.
In 2008, the company distributed more than 2 billion physical cases of products, or 42 billion bottles and cans. A physical case is 192 US fluid ounces (5.7 l), or 24 8-US-fluid-ounce (240 ml) servings. This represents about 16% of the total Coca-Cola worldwide volume.
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[edit] History
The company was founded in 1986 with the purpose of consolidating the many independent bottling groups in the Coca-Cola System. Previously independent businesses in small geographic areas, generally a central city or town and its hinterland, bottled Coca-Cola products and distributed these to stores. The Coca-Cola Company began to buy up these bottlers in 1980 and then spun this function off to anchor bottlers in various parts of the world.
Today the company is 36% owned by the Coca-Cola Company, while the remaining interest is floated on the stock market. Coca-Cola Enterprises is headquartered in Atlanta, Georgia and is separate from The Coca-Cola Company.
Similar anchor bottlers are the south Pacific area's Coca-Cola Amatil, eastern Europe's Coca-Cola Hellenic, and Latin America's Coca-Cola FEMSA.
[edit] Territories
Coca-Cola Enterprises operates in 46 of the 50 states in the United States and most of Canada, encompassing approximately 80 percent of the North American population. In addition, it is the exclusive Coca-Cola bottler for all of Begium, continental France, Great Britain, Luxembourg, Monaco, and The Netherlands. [1] The primary areas under the control of other bottlers include most of the U.S. mountain west, most parts of the south, northern New England, Alaska, and the Canadian Arctic.
Globally, the company operates 440 facilities, 55,000 vehicles, and 2.4 million coolers, vending machines, and beverage dispensers.
Some of its production facilities are located in Canada (Brampton, Ontario, Edmonton, Alberta ), The Netherlands (Dongen), Belgium (Antwerp, Ghent and Chaudfontaine (mineral water only)), France (Socx, Grigny, Clamart, Les Pennes-Mirabeau and Castanet-Tolosan), and the UK (Wakefield, Sidcup, Milton Keynes, East Kilbride and Colwall).
