CHARLOTTE, N.C. -- Coca-Cola Bottling Co. Consolidated will expand its distribution territory into northern Ohio with its acquisition of a manufacturing facility in Twinsburg, Ohio, from the Coca-Cola Co.
An agreement signed April 17 between the two companies expands Coca-Cola Bottling Co. Consolidated’s distribution territory to include Akron, Elyria, Toledo, Willoughby and Youngstown, Ohio, currently served by Coca-Cola Refreshments USA (CCR), a wholly owned subsidiary of the Coca-Cola Co., Atlanta.
The change is part of a deal announced in February 2016 as part of an ongoing effort by the Coca-Cola Co. to sell off its bottling and distribution facilities to focus on new-product development and sales.
An amendment to the previously announced agreement, however, removed the distribution territory associated with CCR’s Wheeling and Fairmont, W.Va., sales centers from the deal.
The companies expect to complete the acquisition of this manufacturing facility this month.
Coca-Cola Bottling Co. Consolidated, Charlotte, N.C., also is working toward the completion of other related transactions with the Coca-Cola Co., including:
- The exchange of distribution territory in the southern parts of Alabama, Georgia and Mississippi and south-central Kentucky and a manufacturing facility in Mobile, Ala., for distribution territory in parts of Arkansas, southwestern Tennessee and northwestern Mississippi and manufacturing facilities in Memphis, Tenn., and West Memphis, Ark.
- The expansion of its distribution territory in and around Cleveland.
Meanwhile, Coca-Cola Bottling Co. Consolidated is also working toward an agreement with Coca-Cola Bottling Co. United Inc. for the exchange of distribution territory in south-central Tennessee, northwest Alabama and northwest Florida for distribution territory in and around Spartanburg and Bluffton, S.C., as proposed in the previously announced letter of intent dated June 14, 2016, between CCB Consolidated and CCB United.
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