QUICK LINKS: Micromarkets  |

VT Classifieds

|

Buy a Classified Ad

|

Editorial Calendars

|

Circulation Data

|

Downloads

|

Bookstore

|

Operators Date Book

Search:  Follow VendingTimes on Twitter 

Bookmark this site



 
Issue Date: Vol. 51, No. 12, December 2011, Posted On: 11/9/2011


Coca-Cola Acquires Great Plains Bottler For $360M


Emily Jed
Emily@vendingtimes.net
Coca-Cola Co., Great Plains Coca-Cola Bottling Co., the fifth-largest independent Coke bottler, Coca-Cola Enterprises Inc., Virgil Browne, Coke bottlers

OKLAHOMA CITY, OK -- Coca-Cola Co. has agreed to purchase Great Plains Coca-Cola Bottling Co. for $360 million. Great Plains is the fifth-largest independent Coca-Cola bottler in the U.S., with territories in Oklahoma and Arkansas.

Great Plains has been operated the Browne family since 1922, when Virgil Browne and two investors acquired the franchise rights for the territory. Headquartered in Oklahoma City, OK, the company now operates nine facilities and employs more than 1,200 people.

The transaction is expected to close by the end of the year. Great Plains will become an operating unit of Coca-Cola Refreshments, a wholly owned subsidiary of The Coca-Cola Co.

Last year, Atlanta-based Coca-Cola completed the acquisition of the North American operations of its biggest bottler, Coca-Cola Enterprises Inc., in a deal valued at $12.3 billion, in an effort to cut costs and boost efficiencies. Rival PepsiCo Inc. acquired its two largest bottlers last year for $7.8 billion.


Topic: Vending Features

Articles:
  • Crane Merchandising Systems Introduces Fit Pick-Branded Merchant Media Machine
  • New York's Servomation Deploys VendScreen Devices, Improving Customer Experiences At Machines
  • Cantaloupe Systems and Isis Team Up for 'Buy-Three-Get-One-Free' On Cashless-Enabled Vending Machines
  • Crane Merchandising Systems Announces Availability of MEI Integrated Bill Validators on Media Machines
  • Crane Payment Innovations and Crane Merchandising Systems Announce Vision For Vending Management

Copyright © 2014 Vending Times Inc. All rights reserved. 
P: (516) 442-1850 | F: (516) 442-1849 | subscriptions@vendingtimes.net
55 Maple Ave. - Ste. 304, Rockville Centre, NY 11570