date:Aug 16, 2022
Coca-Cola HBC AGs wholly-owned subsidiary, CC Beverages Holdings II B.V., has reached an agreement to acquire ESM Effervescent Sodas Management Limited from S.I.C.C Holding Limited, a wholly-owned subsidiary of IDEAL Holdings SA, a publicly-listed company in Greece.
The agreed enterprise value amounts to 45 million, subject to certain closing adjustments. Completion of the transaction is expected in the second half of 2022 and is subject to customary closing conditions and regulatory approvals.