Coca-Cola HBC
Stock performance
History
Coca-Cola HBC traces to Hellenic Bottling Company, founded to bottle Coca-Cola products in Greece, and grew through a major 2000 merger with Coca-Cola Beverages plc to become one of the largest Coca-Cola bottling franchises in the world, spanning a vast territory from Western Europe through Central and Eastern Europe into parts of Africa.
Business model
Coca-Cola HBC bottles, distributes, and sells Coca-Cola and other beverage-company products across a territory spanning 29 countries from Italy and Switzerland through the Balkans, Russia, and Nigeria, operating as one of the largest independent Coca-Cola bottling partners globally under long-term bottling agreements.
Market position
Coca-Cola HBC is one of the largest Coca-Cola bottlers in the world by geographic footprint, holding leading beverage-distribution positions across most of its 29-country territory, and is listed on both the London and Athens stock exchanges.
Country impact
Coca-Cola HBC is one of the largest companies with Greek origins and listing ties, though its extensive international bottling territory means the large majority of its revenue and operations occur outside Greece itself, reflecting the company's growth well beyond its original Greek bottling roots.