CHARLOTTE, N.C. -- Coca-Cola Bottling Co. Consolidated, the nation’s largest independent Coca-Cola bottler, closed its previously disclosed agreement with the Coca-Cola Co. to expand the bottler’s franchise territory to include Cleveland and Cookeville, Tenn. This closing represents an additional phase of the proposed franchise territory expansion described in a previously announced letter of intent between the bottler and the Coca-Cola Co.
As previously disclosed, Coca-Cola Bottling Co. Consolidated signed definitive agreements with the Coca-Cola Co. to exchange the bottler’s franchise territory in Jackson, Tenn.. for territory currently served by Coca-Cola Refreshments USA Inc., a wholly owned subsidiary of Atlanta-based Coca-Cola Co., and to expand the bottler’s franchise territory to include Louisville, Ky., and Evansville, Ind.
The bottler is continuing to work toward a definitive agreement with the Coca-Cola Co. for the remainder of the proposed franchise territory expansion described in the letter of intent, including Paducah and Pikeville, Ky.
Based in Charlotte, N.C., Coca-Cola Consolidated is the nation’s largest independent Coca-Cola bottler with franchise territories in 11 states. The company’s current major markets include: Charlotte, Raleigh, Wilmington, Greenville, the Triad and Asheville, N.C.; Greenville, Columbia and Charleston, S.C.; Charleston, Beckley and Parkersburg, W.Va.; Roanoke and Bristol, Va.; Nashville, Cleveland, Cookeville, Johnson City, Morristown and Knoxville, Tenn.; Columbus and Albany, Ga.; Mobile, Ala.; Panama City, Fla.; and Biloxi, Miss.
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