Apex Capital (Grupo Mariposa – Apex)’s Post

Coca-Cola Europacific Partners, an independent The Coca-Cola Company bottler, and Aboitiz Group, an investment management firm, completed the acquisition of Coca-Cola Beverages Philippines, a company that is engaged in the bottling and distribution of Coca-Cola products, for $1.8bn. The acquisition would build on AEV’s portfolio diversification into the branded consumer goods space. AEV is well-positioned to support CCBPI’s growth ambition through the synergies which could be generated from AEV’s other business interests in the country. The acquisition would also build on CCEP’s successful expansion into Australia, Pacific & Indonesia in 2021. Coca-Cola Beverages Philippines is led by Gareth McGeown and Jawahar Solai. Coca-Cola Europacific Partners (led by Damian Gammell and Clare Wardle) was advised by Rothschild & Co, Slaughter and May (led by Roland Turnill and Robert Innes) and Villaraza & Angangco (led by Franchette Acosta and Kristin Charisse Siao). Aboitiz Group (led by Sabin Aboitiz) was advised by Nomura and Skadden, Arps, Slate, Meagher & Flom LLP and Affiliates (led by Rajeev Duggal and Jonathan Stone). #MergersAcquisitionsDivestitures #PrivateEquity #Beverage

Coca-Cola Europacific Partners Plc or CCEP to jointly acquire Coca-Cola Beverages Philippines, Inc. from Coca-Cola Co. (KO) for $1.8 billion 🚀... for unlocking the ways to future opportunities and growth very often necessary the commitment to collaboration🤝 , and this deal is a serial testimonial that in the spirit of collaboration, CCEP forges partnerships that extend beyond business. By working hand in hand with local communities, suppliers, and stakeholders, CCEP creates a ripple effect of positive change, ensuring that every aspect of its operations leaves a lasting impact. https://lnkd.in/dmk9eHTs #CocaCola #CCEP #Collaboration #Acquisition #Innovation #Investments #Sustainability #mergersandacquisitions #BusinessNews #Market #business #Partnership #Cooperation #Philippines #Beverages #equity #ventures

Today (20 November 2023), Coca-Cola Europacific Partners has announced that it has completed its due diligence and entered into a definitive agreement with AEV to acquire 100% of CCBPI, valued at $1.8 billion on a debt-free, cash-free basis. CCEP said the proposed acquisition will build on its successful expansion into Australia, Pacific and Indonesia (API) in 2021, further strengthening its partnership with The Coca-Cola Company and positioning CCEP as the world’s largest Coca-Cola bottler by both revenue and volume. It will support the company’s long-term growth strategy and is described as a further step to create a more diverse footprint within its existing API business segment. #Drinks #Growth #Acquisition

#WeeklyEconomicUpdate  Philippines Industrial Update November 20 to November 24 ,2023 Aboitiz Equity Ventures (AEV) has unveiled a definitive agreement with Coca-Cola Europacific Partners Plc. (CCEP) for the joint acquisition of Coca-Cola Beverages Philippines Inc. (CCBPI) at a valuation of $1.8 billion. This strategic move, aligning with AEV's diversification strategy into the branded consumer goods sector, was initially announced in August. The proposed acquisition, executed on a debt-free, cash-free basis, is set to establish a 60:40 ownership structure between CCEP and AEV, pending regulatory clearance from the Philippine Competition Commission. AEV emphasizes not only its capability to support CCBPI's growth aspirations through synergies with existing business ventures but also underscores the potential positive impact on the Philippine economy through increased investment, job creation, and industry development. For more economic updates, read here : https://lnkd.in/gpHntBiB #MetaCapital #Philippines #IndustryNews #PhilippinesNews #VentureCapitalPhilippines

World #1 brewer, AB InBev announced the conclusion of their Russian exit strategy, with completion of the business transfer to Anadolu Efes. Although the deal is valued at $1.1B, no funds will be exchanged as ABInBev takes a write down of the Russian business with the brewery assets transfering to Efes. Another example of western companies vacating business in Russia, and with serious financial implications. However, equity markets seemed to welcome the news, with shares of both companies in positive territory immediately following the announcement yesterday. #beerindustry #beer #insights #rmianalytics https://lnkd.in/esqpYcmx

Coca-Cola Europacific Partners Completes $1.8bn Joint Acquisition Coca-Cola Europacific Partners (CCEP) has successfully wrapped up its joint acquisition venture with SAP Fbo ABOITIZ EQUITY VENTURES INC. (AEV), acquiring Coca-Cola Beverages Philippines (CCBPI) for a substantial $1.8 billion. This strategic move further solidifies CCEP's foothold in the Asia Pacific region, particularly in the burgeoning markets of Southeast Asia. With the acquisition of CCBPI, CCEP now stands as the world's largest Coca-Cola bottler, both by volume and revenue. The Philippines, being the second-largest market in Southeast Asia, presents immense growth opportunities with its stable GDP growth and flourishing middle class. The soft drinks market, estimated at $8 billion, promises a 10% annual growth in value. Coca-Cola Philippines has an extensive infrastructure with 19 manufacturing plants and around 9,000 employees. Their diverse portfolio, including global giants like Coca-Cola and Sprite, generated revenues of $1.7 billion in 2022. CCEP's acquisition of CCBPI is driven by a multi-point strategy: diversification opportunity, leveraging an established business in a high-growth market, sharing best practices and talent, strengthening partnerships, and furthering collaboration with The Coca-Cola Company. CCEP's CEO, Damian Gammell, expressed optimism about the acquisition, citing it as a pivotal move in advancing CCEP's long-term transformation strategy in Indonesia. With solid financial results for 2023, including revenue growth of 5.5% and an operating profit increase of 11%, CCEP is set for sustained growth and resilience amidst macroeconomic challenges. He also added: “We are well placed for FY24 and beyond. We are stronger and better, more diverse and robust, and our categories remain resilient despite ongoing macroeconomic and geopolitical volatility. We continue to actively manage our pricing and promotional spend to remain relevant to our consumers, balancing affordability and premiumisation. Along with our focus on productivity, this will all ultimately drive our free cash flow. This acquisition not only positions CCEP as a market leader but further underscores its commitment to sustainable and stronger growth through diversification and scale. By leveraging synergies and fostering local partnerships, CCEP aims to drive sustainable growth in the dynamic Asia Pacific market.

This week marks ONE YEAR since the merger of two industry-changing firms: IRI and NPD. What a year! It has been incredible to see the power of the complete consumer come together across 26 industries. We’re almost five months in as Circana and it feels like the sky is the limit for us and our clients! Follow Circana for a front row seat of the hottest insights on today's complex consumer behavior! #WeAreCircana