Coca-Cola Europacific Partners

What Coca-Cola Europacific Partners does

Coca-Cola Europacific Partners plc (CCEP) is the world's largest independent Coca-Cola bottler by revenue and volumes, operating across 31 markets on three continents (Europe, Asia Pacific, Oceania). The company manufactures, distributes, and markets a portfolio of Coca-Cola trademark beverages (Coca-Cola Original Taste, Coca-Cola Zero Sugar, Diet Coke, Fanta, Sprite), energy drinks (Monster, Relentless), water (Smartwater), sports drinks (Powerade), tea (Fuze Tea) and coffee (Costa Coffee), plus licensed co-brands such as Absolut Vodka & Sprite and BACARDÍ & Coca-Cola ready-to-drink. CCEP serves approximately 600 million consumers through around 4 million retail, food-service and wholesale customers via 85 manufacturing sites, a frontline field sales force and digital channels including the MyCCEP customer portal and AI-powered Coke&GO smart coolers.

The business operates on a wholesale, transaction-based model (sell-in to retailers, foodservice operators and wholesalers across take-home and on-trade channels) under franchise and licensing arrangements with The Coca-Cola Company, Monster Energy Corporation, Costa and other brand owners, complemented by retail-media participation through Nectar360's Pollen platform. Revenue reached €20.9 billion in FY2025 (up 2.3% reported, 2.8% comparable FX-neutral) with reported operating profit of €2.9 billion (up 31%) and €1.8 billion of comparable free cash flow. CCEP is incorporated in England and Wales (Uxbridge HQ), listed on NASDAQ (CCEP), the London Stock Exchange, Euronext Amsterdam and the Spanish Stock Exchanges (FTSE 100 and NASDAQ 100 constituent), with a market capitalisation near $45 billion in early 2026 and approximately 37,000 employees following the integration of the $1.8 billion 2024 acquisition of Coca-Cola Beverages Philippines Inc. (60:40 JV with Aboitiz Equity Ventures).

Beyond the core beverage business, CCEP runs a sustainability-led corporate venture arm (CCEP Ventures) backing climate, packaging and water technologies — including Pipeline Organics, Airhive direct air capture, CuRe polyester rejuvenation, Ionech air-to-electricity, Avalo sugarcane genomics, and HotGreen heat pumps — and operates a sustainability programme reporting an 18.9% absolute GHG reduction since 2019, 75.7% packaging collection for recycling, and 105% water replenishment. The company maintains an active capital-return programme with a second consecutive €1 billion share buyback announced in February 2026 (expected completion by February 2027), alongside €1 billion of annual capex supporting 90%+ local production.

Name

Coca-Cola Europacific Partners

Legal name

Coca-Cola Europacific Partners plc

Website

https://cocacolaep.com

Company type

Public

Founded year

2016

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Coca-Cola Europacific Partners is the world's largest independent Coca-Cola bottler, manufacturing, distributing and selling licensed beverage brands (Coca-Cola, Fanta, Sprite, Monster, Costa) across 31 markets in Europe, Asia Pacific and Oceania, serving 4 million retail and food-service customers and 600 million consumers.

Ownership category

akta.pro rank

Product category

Non-alcoholic beverage bottling and distribution

NAICS

Soft Drink Manufacturing (312111), Soft Drink and Ice Manufacturing (31211)

SIC

Beverages (2080), Bottled & Canned Soft Drinks & Carbonated Waters (2086)

akta.pro primary industry

Non-Alcoholic Beverage Bottling/Canning & Packaging Operations (AFAFABAO)

Keywords

• Beverage bottling services
• Soft drink distribution
• Carbonated beverages manufacturing
• Energy drink distribution
• Ready-to-drink beverages

Headquarters

HQ city

Uxbridge

HQ country

United Kingdom

HQ region

Europe

Offices15 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Beverage Sales - Sparkling: CCEP generates the majority of revenue through manufacturing, distributing and selling sparkling beverages including Coca-Cola, Coca-Cola Zero Sugar, Diet Coke, Fanta, and Sprite across 31 markets. Revenue per unit case increased 2.9% on adjusted comparable and FX neutral basis.
2. Beverage Sales - Energy: Monster Energy volumes grew nearly 20% in 2025, representing a significant and growing revenue stream. CCEP distributes Monster Energy drinks across multiple markets under franchise agreement.
3. Beverage Sales - Other Segments: Revenue from water (Smartwater), sports drinks (Powerade), tea (Fuze Tea), coffee (Costa Coffee), and alcohol ready-to-drink products including Absolut Vodka & Sprite RTD range.
4. Retail Media (Nectar360): CCEP participates as an active client in Nectar360's Pollen unified retail media platform, generating incremental sales data insights and advertising revenue through omnichannel campaigns.

Pricing tiers

Go-to-market motion4 records

Distribution channels6 records

Marketing channels8 records

Core offering

CCEP manufactures, distributes and sells a portfolio of non-alcoholic ready-to-drink beverages including sparkling soft drinks (Coca-Cola, Diet Coke, Coca-Cola Zero Sugar, Fanta, Sprite), energy drinks (Monster, Relentless), water (Smartwater), sports drinks (Powerade), tea (Fuze Tea), coffee (Costa Coffee RTD) and alcoholic RTDs (Absolut Vodka & Sprite). Operating under franchise agreements with The Coca-Cola Company and Monster Energy Corporation, the company serves approximately 4 million retail, food-service and wholesale customers across 31 markets through 85 manufacturing sites.

Product overview

Coca-Cola Europacific Partners (CCEP) is a leading consumer goods company operating as a platform business across the beverage industry. The company manufactures, distributes, and sells a portfolio of global iconic brands (Coca-Cola Original Taste, Coca-Cola Zero Sugar, Diet Coke, Fanta, Sprite, Monster Energy) and local favorites through 31 markets. The product portfolio spans carbonated soft drinks, energy drinks, tea, coffee, water, and sports drinks. Supporting the core beverage business is the MyCCEP digital customer portal enabling online ordering and customer management, and Coke&GO AI-powered smart coolers with computer vision for autonomous retail. CCEP Ventures functions as the company's innovation investment arm focused on sustainability technologies. The company operates manufacturing sites across its territories and uses SAP Ariba Network for supply chain transactions.

Differentiator

Problem solved

Functional benefit

Brands

• Coca-Cola Original Taste: The original Coca-Cola formula launched in 1886, one of the world's most recognized soft drinks.
• Coca-Cola Zero Sugar
• Diet Coke
• Sprite
• Fanta
• Monster Energy
• Costa Coffee
• Fuze Tea
• Smartwater
• Powerade
• Relentless
• Dr Pepper
• Mezzo Mix
• L&P
• Urge
• Kirks
• Tropico
• Royal
• MyCCEP

Products and services

• Coca-Cola Original Taste The original Coca-Cola formula launched in 1886, one of the world's most recognized soft drinks and a cornerstone brand in CCEP's portfolio, available in regular and multiple flavor variants for retail and food-service customers.
• Coca-Cola Zero Sugar Zero sugar cola offering the taste of Coca-Cola Original Taste without sugar or calories, available in multiple variants including Cherry, Vanilla, Lemon, Caffeine Free, and limited editions.
• Diet Coke Light cola offering a lighter take on Coca-Cola taste with no sugar and no calories, available with or without caffeine.
• Fanta Iconic flavored carbonated soft drink first introduced in 1955, made with 100% natural flavors and available in over 30 flavors across CCEP markets including Orange, Grape, Raspberry, Exotic, and numerous Zero Sugar variants.
• Sprite Lemon-lime flavored carbonated soft drink, one of the company's core global brands, available in various formats and pack sizes with regular and zero sugar options.
• Monster Energy Energy drink brand distributed by CCEP under license from Monster Energy Corporation across Australia, New Zealand, and select markets, including variants such as Monster Energy Ultra Vice Guava and Monster Energy Juiced Viking Berry.
• Costa Coffee (Ready-to-Drink) Coffee brand acquired through Coca-Cola Amatil acquisition, offering ready-to-drink coffee products distributed across CCEP markets.
• Fuze Tea Ready-to-drink tea featuring blends of tea, fruit juice and herbs with Rainforest Alliance certified tea leaves, available in Black Tea Peach Hibiscus, Green Tea Mango Chamomile, and other flavor combinations.
• Smartwater Premium vapor-distilled British spring water blended with electrolytes for a clean, crisp taste, bottled in 100% rPET and also available in sparkling variant.
• Powerade Sports drink brand providing hydration for athletes, distributed across CCEP markets.
• MyCCEP Digital Customer Portal Digital customer portal supporting business customers in GB, Spain, Portugal and Indonesia with 24/7 service, online product ordering, asset library access (product images, menus, logos, social media banners), category insights and customer service.
• Coke&GO AI-Powered Smart Coolers AI-powered vending coolers using computer vision and image recognition technology that allow consumers to unlock the fridge, remove products, and automatically process payment, with smart inventory tracking and Vendswift digital payment integration.
• CCEP Ventures Innovation investment engine focused on finding, funding and fostering transformative sustainability solutions including clean energy, water generation technologies, and sustainable packaging through partnerships with startups and academic institutions.

Quantifiable outcome

• Created more value for customers than any other FMCG brand in 2024
• +5 more outcomes

Named customers7 records

Segments5 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

AI capability7 records

Feature7 records

Partnerships

36 partnerships are on record, tiered core, minor and strategic.

• Rugby AustraliacoreGTM or Marketing Partner · 23 June 2026Four-year partnership making Coca-Cola the official soft drink, hydration, and energy drink partner for Wallabies, Wallaroos, and Australian Sevens through end of 2029, with exclusive pouring rights for Men's Rugby World Cup 2027.
• UN Global Compact Network IndonesiaminorStrategic or Co-development Partner · 15 February 2026PT Coca-Cola Europacific Partners Indonesia joined as core member of IGCN Circular Economy Working Group to drive circular innovation and sustainability initiatives.
• IonechstrategicStrategic or Co-development Partner · 16 January 2026CCEP partnered with Ionech to pilot air-to-electricity technology in drinks cooler fleet. Ionech's Air Voltaic Cell technology converts thermal energy from ambient air into electricity using high voltage pulses and field electron emission.
• Laurence DebrouxcoreOthers · 18 December 2025Former CFO of Heineken and group CFO at Sanofi appointed as Independent Non-Executive Director and Senior Independent Director effective May 28, 2026.
• Uvashni RamancoreOthers · 18 December 2025CFO of Booking.com appointed as Independent Non-Executive Director effective May 28, 2026, bringing extensive finance leadership experience.
• Toll GroupminorChannel Partner/ Reseller/ Distributor · 5 November 2025Toll Group deployed 12 Volvo FE battery electric rigid trucks for CCEP's Australian delivery network under Project Truckvolt, reducing 283 tonnes of carbon emissions annually.
• Landcare AustraliaminorStrategic or Co-development Partner · 27 October 2025Five-year partnership supporting environmental conservation and sustainability initiatives in Australia, involving revegetation with native plants and earning carbon credits.
• HotGreen SolutionsminorStrategic or Co-development Partner · 20 October 2025CCEP announced trial of ultra-efficient heat pump developed by HotGreen Solutions for industrial applications, targeting significant energy cost and CO2 emissions reduction.
• AvalostrategicStrategic or Co-development Partner · 28 March 2025CCEP partnered with Avalo to develop climate-resilient sugarcane varieties in Australia, using 'whole genome AI' to potentially halve traditional development timelines for crop breeding.
• Slaughter and MayminorImplementation/ SI/ Consulting Partner · 3 August 2023Legal advisor to CCEP on proposed $1.8 billion joint acquisition of Coca-Cola Beverages Philippines Inc. from The Coca-Cola Company.
• Aboitiz Equity Ventures Inc. (AEV)coreStrategic or Co-development Partner · 2 August 2023Joint acquisition of Coca-Cola Beverages Philippines Inc. for $1.8 billion with 60:40 ownership split (CCEP 60%, AEV 40%). Deal completed February 2024, making CCEP the world's largest Coca-Cola bottler by revenue and volumes.
• Nectar360coreStrategic or Co-development PartnerCCEP is an active client on Nectar360's Pollen unified retail media platform, achieving 2.5x higher incremental sales from omnichannel campaigns and up to 10x higher conversion rates from targeted activity.
• UnilevercoreGTM or Marketing PartnerUnilever is an active client using Nectar360's Pollen platform alongside CCEP, with both brands benefiting from omnichannel campaign results showing 2.5x higher incremental sales.
• PHD UKminorGTM or Marketing PartnerPHD UK collaborates on creative optimization for Lipton Teas and Infusions as part of the Nectar360 Pollen platform ecosystem.
• Pipeline OrganicsstrategicStrategic or Co-development PartnerCCEP Ventures invested in Pipeline Organics, a climate tech startup using technology to convert wastewater into continuous supply of renewable electricity to power processes at CCEP sites.
• AirhivestrategicStrategic or Co-development PartnerCCEP Ventures supports development of Airhive's direct air capture technology, piloting at manufacturing sites to capture CO2 from atmosphere to replace fossil fuel-derived carbon dioxide.
• Deep Science VenturesstrategicStrategic or Co-development PartnerCCEP partnered with Deep Science Ventures to identify water specialists and entrepreneurs developing technologies to tackle water stress, aiming to create new companies for water generation technologies.
• CuRe TechnologystrategicStrategic or Co-development PartnerCCEP Ventures invested in CuRe Technology, which uses polyester rejuvenation to prevent plastics from being incinerated, downcycled, or sent to landfill, creating rPET with 65% lower carbon footprint.
• University of California BerkeleyminorStrategic or Co-development PartnerResearch partnership with Professor Peidong Yang on carbon utilization technology to produce sugar as an ingredient using captured carbon.
• University of TwenteminorStrategic or Co-development PartnerResearch partnership on alternative sorbent materials for direct air capture technology to reduce fugitive CO2 losses.
• Swansea UniversityminorStrategic or Co-development PartnerResearch partnership on using captured carbon to produce ethylene, a key precursor of PET packaging.
• Universitat Rovira i VirgiliminorStrategic or Co-development PartnerAcademic partnership on sorbent materials research for carbon capture applications.
• SAP AribacoreTechnology or IntegrationCCEP is an Ariba Network Paperless Business, using SAP Ariba's end-to-end Source-to-Pay solutions for sourcing events, commercial contracts, catalogue integration, and electronic procurement transactions.
• SAPcoreTechnology or IntegrationCCEP uses SAP technology including SAP MDG for data quality, SAP NOW AI Tour for procurement transformation, and achieved 6% improvement in demand-forecast accuracy through SAP-enabled AI solutions.
• SAPcoreTechnology or IntegrationCCEP is cited by SAP as a successful case study for SAP Master Data Governance implementation, achieving accuracy improvements and better compliance.
• Booking.comminorOthersUvashni Raman, CFO of Booking.com, was appointed to CCEP Board as Independent Non-Executive Director effective May 28, 2026.
• ENGIEcoreStrategic or Co-development PartnerCCEP Australia signed a Virtual Power Purchase Agreement (VPPA) with ENGIE for renewable electricity, enabling 100% renewable electricity use since January 2025.
• Eco-ActminorStrategic or Co-development PartnerCCEP partnered with Eco-Act for carbon offset projects in Indonesia, including Rimba Raya biodiversity reserve (VCS-certified REDD+ project) and Katingan Peatland Restoration Project.
• TEMminorStrategic or Co-development PartnerCCEP partnered with TEM as carbon offset project provider, purchasing approximately 100k tCO2e of offsets between 2022-2024 for carbon neutral sites certification.
• Rainforest AlliancecoreStrategic or Co-development PartnerFuze Tea contains tea extracts from 100% sustainably-sourced tea leaves through Rainforest Alliance certification, with the green frog seal on all packaging.
• Coca-Cola OceaniacoreStrategic or Co-development PartnerJoint launch with Coca-Cola Oceania of AI-powered Coke&GO coolers nationwide in New Zealand following successful trial, representing one of the largest Coke&GO fleets globally.
• OceanaminorOthersEnvironmental advocacy group that held protests calling on CCEP to keep plastic out of the Pacific and bring back reusable glass packaging, citing Coca-Cola as world's worst plastic polluter.
• The Coca-Cola CompanycoreOEM/ Whitelabel/ Licensing PartnerCCEP operates under franchise relationship with The Coca-Cola Company to manufacture, distribute, and sell Coca-Cola trademark beverages. Also acquired CCBPI from Coca-Cola in Philippines in 2024.
• Monster Energy CorporationcoreOEM/ Whitelabel/ Licensing PartnerCCEP distributes Monster Energy drinks under franchise agreement with Monster Energy Corporation across multiple markets, with volumes growing nearly 20% in 2025.
• PaninicoreGTM or Marketing PartnerPartnership with Panini ahead of FIFA World Cup 2026 to offer 12 exclusive stickers hidden under labels of selected Coca-Cola bottles.
• Deep Science VenturesstrategicStrategic or Co-development PartnerVenture building firm partnered with CCEP to identify water specialists and entrepreneurs capable of developing and scaling novel technologies to tackle water stress.

Scale indicators15 records

Recent moves9 records

Expansion highlights6 records

Broad incumbents

• PepsiCo: PepsiCo is the global broad-line CPG incumbent directly competing with CCEP across beverage categories (Pepsi, Mountain Dew, 7UP, Gatorade, Tropicana, Aquafina) plus broader snacks (Frito-Lay). PepsiCo is a broad incumbent competing in the same retail and food service channels with overlapping beverage products.
• Red Bull: Red Bull is the dominant global energy drink brand and a direct competitor to CCEP's Monster Energy portfolio. While Red Bull self-distributes in many markets, it competes head-to-head with Monster in CCEP's Australia, New Zealand, and European territories across similar retail and on-trade channels.
• Nestlé Waters (now part of Nestlé): Nestlé operates major bottled water brands (Perrier, S.Pellegrino, Pure Life, Buxton) that compete directly with CCEP's Smartwater across European and global retail channels. Nestlé is a broad incumbent CPG peer operating in similar beverage categories and the same retail customer base.

Direct peers

• Coca-Cola FEMSA: Coca-Cola FEMSA is the largest Coca-Cola bottler in Latin America by volume. It is a direct peer sharing the same Coca-Cola franchise model, similar product portfolio (Coca-Cola, Sprite, Fanta, water, juices), and comparable manufacturing and distribution operations, though operating in a different geography.
• Arca Continental: Arca Continental is a major Coca-Cola bottler operating across Mexico, the US Southwest, South America, and the Philippines (through a joint venture). Direct peer with identical franchise structure, similar product mix, and comparable bottling/distribution scale and operations.
• Coca-Cola HBC: Coca-Cola HBC is the second-largest Coca-Cola bottler in Europe and one of CCEP's closest direct competitors. Both companies operate under franchise agreements with The Coca-Cola Company, manufacture and distribute the same core brands, and serve overlapping European territories with similar product portfolios, customer channels, and operational models.
• Coca-Cola Consolidated: Coca-Cola Consolidated is the largest Coca-Cola bottler in the United States. It is a direct peer operating under the same Coca-Cola franchise model with overlapping brands (Coca-Cola, Monster Energy, Dasani, etc.) and similar large-scale manufacturing and distribution operations, though focused on the US market.
• Coca-Cola Içecek: Coca-Cola Içecek (CCI) is the Turkish-based Coca-Cola bottler serving Turkey, Central Asia, the Middle East, and Pakistan. Direct peer operating under the same Coca-Cola franchise agreement with similar product portfolio and bottling operations across emerging markets.

Regional players

• Swire Coca-Cola: Swire Coca-Cola is the Coca-Cola bottler for mainland China, Hong Kong, Taiwan, and parts of Southeast Asia. It is a regional peer sharing the same franchise model and product portfolio but operating primarily in Greater China, with some geographic overlap with CCEP's Indonesia and Philippines operations.

Emerging players

• Suntory Beverage & Food: Suntory Beverage & Food is a major Japanese-headquartered beverage company with brands like Orangina, Schweppes, and various teas and waters. It is an emerging global player with partial overlap to CCEP's portfolio (carbonated soft drinks, teas, waters) and competes in some of CCEP's European markets.

Market position

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

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• Facebookfacebook.com/CocaColaEP

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles30 records

Subsidiaries7 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A2 records

Investments4 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Coca-Cola Europacific Partners