COCA-COLA EUROPACIFIC PARTNERS Business Summary

Coca-Cola Europacific Partners plc (CCEP) operates as the world’s largest independent Coca-Cola bottler by net revenue, functioning through a franchise model where it manufactures, distributes, and sells a diverse portfolio of beverages licensed from The Coca-Cola Company. The company generates revenue primarily through high-volume transactions of carbonated soft drinks, energy drinks, and ready-to-drink teas and coffees across 31 countries. Its operations are divided into two primary geographic segments: Europe, which includes major markets like Great Britain, Germany, and Iberia, and the APS region, covering Australia, the Pacific, and Southeast Asia. CCEP competes directly with global and regional beverage giants such as PepsiCo, Coca-Cola HBC, Britvic, and Coca-Cola Femsa. As of 2026, CCEP maintains a dominant market position as the leading value creator in the non-alcoholic ready-to-drink (NARTD) category, leveraging its massive scale to outperform peers in retail revenue growth. CCEP was established in 2016 through the strategic merger of three major bottling entities, led by Chairman Sol Daurella, whose family has held Spanish bottling rights since 1951 and who currently serves on the board of Banco Santander. The executive leadership is headed by CEO Damian Gammell, an industry veteran with over 30 years of experience who previously served as CEO of Anadolu Efes and held senior roles at The Coca-Cola Company in Russia and Germany. Supporting him is CFO Ed Walker, a former British Army officer and long-standing Coca-Cola system executive who was appointed to the role in July 2024. The company’s ownership structure is anchored by The Coca-Cola Company, which holds a 19% equity stake, and Olive Partners S.A., which owns 36%. Notable recent board developments include the 2026 appointment of Uvashni Raman, the current CFO of Booking.com, as an independent non-executive director.