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Investegate |Coca-Cola HBC AG Announcements | Coca-Cola HBC AG: CCH takes minority stake in Caff Vergnano


Casa del Caffè Vergnano and exclusive, long-term distribution agreement
 
 
Zug, Switzerland, 28 June 2021.
Coca-Cola HBC AG ("Coca-Cola HBC") is pleased to announce that on 25 June 2021, its wholly-owned subsidiary CC Beverages Holdings II B.V. ("CCH Holdings"), reached an agreement to acquire a 30% equity shareholding in Casa Del Caffè Vergnano S.p.A. ("Caffè Vergnano"), a premium Italian coffee company. Completion of the acquisition is expected in the second half of 2021 and is subject to customary closing conditions and regulatory approvals. Furthermore, Coca-Cola HBC and Caffè Vergnano will enter into an exclusive distribution agreement for Caffè Vergnano's products in Coca-Cola HBC's territories outside of Italy (together, the "Proposed Transaction"). CCH Holdings will be represented on the Board of Directors of Caffè Vergnano and have customary minority decision-making and governance rights. The parties have agreed not to disclose financial details of the Proposed Transaction.

Italy , Switzerland , London , City-of , United-kingdom , Italian , Carla-fabiano , David-hart , Joanna-kennedy , Carlo-vergnano , Zoran-bogdanovic , Vasso-aliferi

Coca Cola HBC : strengthens its coffee portfolio

Coca Cola HBC : strengthens its coffee portfolio
marketscreener.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketscreener.com Daily Mail and Mail on Sunday newspapers.

Italy , Switzerland , London , City-of , United-kingdom , Italian , Carla-fabiano , David-hart , Joanna-kennedy , Carlo-vergnano , Zoran-bogdanovic , Vasso-aliferi

City Snapshot: Greggs sales recovery continues at stronger-than-expected pace

City Snapshot: Greggs sales recovery continues at stronger-than-expected pace
thegrocer.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thegrocer.co.uk Daily Mail and Mail on Sunday newspapers.

United-kingdom , Italy , Austria , Ireland , Switzerland , Cyprus , Greece , Finsbury , United-kingdom-general- , Italian , British , Carlo-vergnano

Coca-Cola HBC Acquires Stake In Italian Coffee Company

Coca-Cola HBC Acquires Stake In Italian Coffee Company
kamcity.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from kamcity.com Daily Mail and Mail on Sunday newspapers.

Italy , Italian , Carlo-vergnano , Zoran-bogdanovic , Cola-company , Casa-del-caff , Costa-coffee , Coca-cola-company , இத்தாலி , இத்தாலிய , கோலா-நிறுவனம் , காசா-டெல்-காஃப்