Industry | Beverages |
---|---|
Fate | merged with Coca-Cola Iberian Partners, S.A. and Coca-Cola Erfrischungsgetränke AG |
Successor |
|
Founded | 1986 |
Headquarters | Atlanta, Georgia, U.S. |
Key people
|
|
Products | The Coca-Cola Company Products Other Soft Drinks |
Revenue | US$7.6 Billion (FY 2012) |
Operating income
|
US$914 Million (FY 2013) |
Net income
|
US$677 Million (FY 2012) |
Total assets | US$9.09 Billion (FY 2011) |
Total equity | US$2.90 Billion (FY 2011) |
Number of employees
|
13,250 (2011) |
Website | www |
Coca-Cola Enterprises is a marketer, producer, and distributor of Coca-Cola products. It is the anchor bottler for Western Europe, and was formerly the anchor bottler for most of North America.
Coca-Cola Enterprises' products include Coca-Cola, Diet Coke, Coke Zero, Sprite, Fanta, Capri-Sun, Dr Pepper, Chaudfontaine, Schweppes, Monster and Relentless.
The Coca-Cola Company decided to consolidate the many independent bottling groups in the Coca-Cola System. Previously, independent businesses in remote geographic areas bottled Coca-Cola products and distributed the merchandise to stores.
In 1980, Coca-Cola acquired the Coca-Cola Bottling Company of New York for $215 million. In 1982, Coca-Cola acquired the Associated Coca-Cola Bottling Company for $417.5 million. In 1986, Coca-Cola acquired the bottling operations of Beatrice Foods and the bottling operations of the Lupton family. Coca-Cola Enterprises Inc. was spun off from The Coca-Cola Company in 1986.
After buying these bottlers, Coca-Cola spun this function off to anchor bottlers in various parts of the world. Coca-Cola Enterprises continued to acquire regional bottlers throughout the 1990s.
The company has its headquarters in Atlanta, Georgia and is a separate corporation from The Coca-Cola Company; both companies are listed on the New York Stock Exchange and are components of the S&P 500.
Similar anchor bottlers are the South Pacific area's Coca-Cola Amatil, Eastern Europe's Coca-Cola Hellenic, and Latin America's Coca-Cola FEMSA.
Coca-Cola Enterprises is the exclusive Coca-Cola bottler for all of Belgium, continental France, Great Britain, Luxembourg, Monaco, The Netherlands, Norway and Sweden.
Some of its production facilities are located in Norway (Lørenskog), Sweden (Jordbro), The Netherlands (Dongen), Belgium (Antwerp, Ghent and Chaudfontaine (mineral water only)), France (Socx, Grigny, Clamart, Les Pennes-Mirabeau and Castanet-Tolosan), and the UK (Wakefield, Sidcup, Edmonton, Milton Keynes, East Kilbride and Morpeth).
When Coca-Cola Enterprises was the anchor bottler in North America, it had the largest fleet of hybrid electric trucks in North America. The hybrid electric tractor units were the standard bulk delivery truck the company uses for large deliveries. CCE planned to deploy 185 of these hybrid electric trucks across the United States and Canada in 2009, bringing its total number of hybrid electric delivery trucks to 327, the largest such fleet in North America. The company already had 142 smaller hybrid electric delivery vehicles on the road. The trucks are powered by Eaton Corporation's hybrid electric drivetrain systems.
On February 24, 2010, The Coca-Cola Company and CCE (Coca-Cola Enterprises) entered talks about selling CCE's North American division to Coca-Cola. Coca-Cola paid over $15 billion, including a redemption of Coca-Cola's 33% shareholding in CCE. Coca-Cola wanted the business in their asset list because they felt it would save both consumers and Coca-Cola money. Coca-Cola also spun off its small European bottling division to "New CCE".
The acquisition closed on October 3, 2010.
On August 6th 2015, Coca-Cola Enterprises announced that it would merge with Coca-Cola Iberian Partners and Coca-Cola Erfrischungsgetränke AG, a subsidiary of the Coca-Cola Company, into a new company to be called Coca-Cola European Partners PLC.
2016-07-03 | Reiterated Rating | Susquehanna | Hold | $37.00 |
2016-06-26 | Reiterated Rating | Evercore ISI | Buy | |
2016-06-21 | Reiterated Rating | Susquehanna | Neutral | |
2016-06-10 | Reiterated Rating | Deutsche Bank | Buy | $47.00 |
2016-06-10 | Reiterated Rating | Deutsche Bank AG | Buy | $47.00 |
2016-06-04 | Reiterated Rating | Susquehanna | Hold | |
2016-06-01 | Lower Price Target | Credit Agricole | Outperform | $60.00 to $45.00 |
2016-06-01 | Initiated Coverage | Bank of America | Buy | |
2016-06-01 | Initiated Coverage | Stifel Nicolaus | Buy | |
2016-06-01 | Lower Price Target | Barclays | Equal Weight | $54.00 to $40.00 |
2016-06-01 | Lower Price Target | Credit Agricole SA | Outperform | $60.00 to $45.00 |
2016-06-01 | Initiated Coverage | Bank of America Corp. | Buy | |
2016-06-01 | Lower Price Target | Barclays PLC | Equal Weight | $54.00 to $40.00 |
2016-05-31 | Initiated Coverage | Goldman Sachs | Buy | $46.00 |
2016-05-31 | Upgrade | Evercore ISI | Hold to Buy | |
2016-05-31 | Initiated Coverage | Goldman Sachs Group Inc. | Buy | $46.00 |
2016-05-17 | Reiterated Rating | Credit Agricole | Outperform | |
2016-04-28 | Reiterated Rating | Susquehanna | Hold | |
2016-04-15 | Reiterated Rating | Bank of America | Buy | $56.00 to $58.00 |
2016-04-14 | Upgrade | Stifel Nicolaus | Hold to Buy | $65.00 |
2016-03-24 | Reiterated Rating | Susquehanna | Hold | |
2016-03-16 | Reiterated Rating | Susquehanna | Neutral | $49.00 |
2016-02-21 | Reiterated Rating | Susquehanna | Hold | |
2016-02-19 | Boost Price Target | Societe Generale | Hold | $50.00 to $52.00 |
2016-02-19 | Reiterated Rating | Nomura | Hold | $53.00 |
2016-02-19 | Reiterated Rating | Nomura Holdings Inc. | Hold | $53.00 |
2016-02-12 | Reiterated Rating | Susquehanna | Neutral | $43.00 |
2016-02-05 | Upgrade | Susquehanna | Negative to Neutral | $45.00 to $43.00 |
2016-01-26 | Reiterated Rating | Jefferies Group | Hold | $49.00 |
2015-12-18 | Lower Price Target | CLSA | Outperform | $60.00 to $55.00 |
2015-12-18 | Lower Price Target | Credit Agricole | Outperform | $60.00 to $55.00 |
2015-10-14 | Boost Price Target | Jefferies Group | Hold | $54.00 |
2015-09-29 | Reiterated Rating | Susquehanna | Sell | $45.00 |
2015-09-28 | Lower Price Target | Societe Generale | $54.00 to $50.00 | |
2015-09-08 | Downgrade | RBC Capital | Outperform to Sector Perform | $48.00 to $54.00 |
2015-09-08 | Downgrade | Royal Bank Of Canada | Outperform to Sector Perform | $48.00 to $54.00 |
2015-08-13 | Upgrade | Credit Agricole | Underperform to Outperform | $56.00 to $60.00 |
2015-08-13 | Upgrade | CLSA | Underperform to Outperform | $56.00 to $60.00 |
2015-08-07 | Boost Price Target | Citigroup Inc. | Neutral | $48.00 to $56.00 |
2015-08-07 | Boost Price Target | Susquehanna | Negative | $28.00 to $45.00 |
2015-08-07 | Boost Price Target | Nomura | Neutral | $44.00 to $56.00 |
2015-08-07 | Boost Price Target | HSBC | Buy to Hold | $48.00 to $54.00 |
2015-08-07 | Boost Price Target | Sanford C. Bernstein | Market Perform | $49.00 to $58.00 |
2015-08-07 | Downgrade | Gabelli | Buy to Hold | |
2015-08-06 | Reiterated Rating | Goldman Sachs | Buy | $52.00 to $55.00 |
2015-08-06 | Downgrade | Argus | Buy to Sell | |
2015-07-31 | Boost Price Target | Barclays | Equal Weight | $48.00 to $49.00 |
2015-05-27 | Upgrade | HSBC | Hold to Buy | $50.00 to $48.00 |
2015-05-21 | Lower Price Target | Susquehanna | Negative | $33.00 to $28.00 |
2015-05-01 | Boost Price Target | Jefferies Group | Hold | $42.00 to $45.00 |
2015-04-13 | Initiated Coverage | Susquehanna | Negative | $33.00 |
2015-03-24 | Reiterated Rating | Bank of America | Buy | $52.00 |
2015-02-13 | Reiterated Rating | Jefferies Group | Hold | $40.00 to $43.00 |
2015-01-26 | Reiterated Rating | Jefferies Group | Hold | $42.00 to $40.00 |
2015-01-05 | Upgrade | Bank of America | Neutral to Buy | $50.00 to $52.00 |
2014-12-19 | Boost Price Target | Jefferies Group | Hold | $41.00 to $42.00 |
2014-10-31 | Downgrade | Nomura | Neutral to Reduce | $42.00 |
2014-10-06 | Upgrade | Nomura | Reduce to Neutral | $39.00 to $43.00 |
2014-07-29 | Boost Price Target | Argus | Buy | $52.00 to $56.00 |
2014-07-25 | Reiterated Rating | JPMorgan Chase & Co. | Neutral | $48.00 to $53.00 |
2014-07-25 | Reiterated Rating | Citigroup Inc. | Neutral | $50.00 to $53.00 |
2014-07-16 | Reiterated Rating | Deutsche Bank | Buy | $50.00 to $52.00 |
2014-06-16 | Downgrade | Goldman Sachs | Conviction-Buy to Buy | $44.58 to $50.00 |
2014-06-09 | Initiated Coverage | Jefferies Group | Hold | $45.00 |
2014-05-28 | Initiated Coverage | Evercore ISI | Neutral | $45.30 |
2014-04-29 | Downgrade | Nomura | Neutral to Reduce | $44.50 to $41.00 |
2014-03-21 | Boost Price Target | Deutsche Bank | $47.00 to $50.00 | |
2014-03-04 | Initiated | UBS | Neutral | $50 |
2014-02-14 | Downgrade | HSBC | Overweight to Neutral | $47.00 to $49.00 |
2014-02-07 | Boost Price Target | Societe Generale | $42.50 to $46.00 | |
2013-12-20 | Reiterated Rating | Deutsche Bank | Buy | $45.00 to $47.00 |
2013-12-20 | Boost Price Target | Nomura | Neutral | $42.00 to $43.50 |
2013-11-26 | Initiated Coverage | RBC Capital | Outperform | $49.00 |
2013-10-25 | Downgrade | Societe Generale | Buy to Hold | $42.50 |
2013-10-24 | Reiterated Rating | Argus | Buy | $46.00 |
2013-10-24 | Boost Price Target | Barclays | Equal Weight | $44.00 to $47.00 |
2013-10-08 | Boost Price Target | Deutsche Bank | Buy | $40.00 to $45.00 |
2013-10-07 | Boost Price Target | Argus | Buy | $42.00 to $46.00 |
2013-02-08 | Reiterated | UBS | Buy | $34 to $39 |
2012-10-09 | Reiterated | Argus | Buy | $34 to $36 |
2012-02-13 | Reiterated | Stifel Nicolaus | Buy | $30 to $32 |
2011-09-13 | Upgrade | UBS | Neutral to Buy | $30 to $30 |
2011-07-29 | Reiterated | Barclays Capital | Equal Weight | $31 to $34 |
2016-07-03 | Reiterated Rating | Susquehanna | Hold | $37.00 |
2016-06-26 | Reiterated Rating | Evercore ISI | Buy | |
2016-06-21 | Reiterated Rating | Susquehanna | Neutral | |
2016-06-10 | Reiterated Rating | Deutsche Bank | Buy | $47.00 |
2016-06-10 | Reiterated Rating | Deutsche Bank AG | Buy | $47.00 |
There is presents forecasts of rating agencies and recommendations for investors about this ticker
In CCE 288 funds of 2213 total. Show all
Fund name | Ticker shares |
---|---|
BlackRock Inc. | 14.23M |
Boston Partners | 11.11M |
FMR LLC | 4.85M |
Investec Asset Management LTD | 4.63M |
STATE STREET CORP | 4.41M |
OZ MANAGEMENT LP | 3.34M |
Epoch Investment Partners, Inc. | 3.14M |
NORDEA INVESTMENT MANAGEMENT AB | 2.95M |
OPPENHEIMER FUNDS INC | 2.81M |
CITADEL ADVISORS LLC | 2.57M |
Vanguard Group, Inc | 2.17M |
GOLDMAN SACHS GROUP INC | 2.08M |
MARATHON ASSET MANAGEMENT LLP | 2.08M |
GLENVIEW CAPITAL MANAGEMENT LLC | 2.06M |
Aristotle Capital Management, LLC | 1.98M |
Name Relationship | Total Shares | Holding stocks |
---|---|---|
Patricot Hubert Exec. VP & Pres. European Grp | 0.15% (374777) | CCE / |
Labarge Suzanne B | 0.03% (67422) | CCE / XL / |
Douglas William W III Exec. VP & CFO | 0.02% (38065) | CCE / SITE / |