Refresco adds to US presence with VBC Bottling Company buy [Yahoo! Finance]
Coca-Cola Company (The) (KO)
Last coca-cola company (the) earnings: 4/21 05:55 am
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Source: Yahoo! Finance
Refresco, which has 30 manufacturing sites in North America, said VBC "complements" its presence in the market. The deal also “further enhances” Refresco's canning assets in North America and "improves our ability to service our contract manufacturing customers", a company spokesperson said Refresco bought California-based and family-owned VBC from the Varni brothers. It said the company's “management will remain with the business after the transaction”. More than 180 staff work at VBC, who will also join Refresco. Financial terms were not disclosed. In a statement, Refresco CEO Hans Roelofs said: “The company's strong customer base, strategically located facility, and warehousing capacity further strengthen our footprint in North America. Additional canning capacity along the West Coast improves our ability to service all our contract manufacturing customers.” The group, which employs more than 14,000 staff worldwide, carries out contract manufacturing for brands such as Aqu
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Earnings
- 4/30/24 - Beat
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Sec Filings
- 6/18/24 - Form 4
- 6/14/24 - Form 144
- 6/13/24 - Form 4
- KO's page on the SEC website