- Business
- Coca-Cola HBC AG engages in the production, sale, and distribution of non-alcoholic ready-to-drink beverages as the strategic bottling partner of The Coca-Cola Company across 28 countries spanning Western, Central and Eastern Europe, Russia, and Nigeria; its portfolio encompasses consumer-leading brands in sparkling beverages including Coca-Cola, Coca-Cola Zero Sugar, Fanta and Sprite; adult sparkling and premium spirits such as Schweppes, Aperol, Averna and Jack Daniel’s & Cola; juices and plant-based drinks like Adez, Fruice and Amita; water and hydration products including Kinley, Avra and Deep RiverRock; sports and energy drinks such as Aquarius, Powerade and Monster Energy; ready-to-drink teas like Fuze Tea; coffees including Costa Coffee and Caffè Vergnano; as well as snacks and dairy products, with distribution through supermarkets, convenience stores, vending machines, hotels, cafes, restaurants and e-commerce channels. Founded in 1969 as Hellenic Bottling Company SA in Greece with headquarters originally in Athens before relocating operational headquarters to Steinhausen, Switzerland in 2013, the company lists primarily on the London Stock Exchange and secondarily on the Athens Stock Exchange as a FTSE 100 constituent and serves approximately 740 million consumers with over 100 brands across established markets like Ireland, Austria, Italy, Switzerland, Greece and Cyprus; developing markets including Poland, Czech Republic, Hungary, Romania and the Baltic states; and emerging markets such as Bosnia and Herzegovina, Ukraine, Serbia, Egypt and Nigeria. In October 2025, Coca-Cola HBC AG announced a definitive agreement to acquire a 75% shareholding in Coca-Cola Beverages Africa for approximately US$2.6 billion, valuing the target at US$3.4 billion and expanding operations into 14 additional African markets to create the world's second-largest Coca-Cola bottling partner by volume with pro forma 2024 volumes of 4 billion unit cases, revenues of €14.1 billion and EBIT of €1.4 billion while enhancing exposure to high-growth demographics.