Coca-Cola Canada Bottling Limited Acquires the Coca-Cola Company's Canadian Bottling Business
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Goodmans represented Coca-Cola Canada Bottling Limited (“CCCBL”), a joint venture established between prominent businessman and philanthropist, Larry Tanenbaum O.C., and Junior Bridgeman, a former NBA player, renowned entrepreneur and owner of Kansas City-based Heartland Coca-Cola Bottling Company, completed its acquisition of Coca-Cola Refreshments Canada Company (“CCRC”) from Coca-Cola Refreshments USA, Inc., a subsidiary of The Coca-Cola Company (NYSE:KO) on September 28, 2018.
CCCBL continues to employ 5,800 CCRC employees and is responsible for all Coca-Cola bottling and distribution operations across Canada, including the operation of five production facilities and over fifty sales and distribution centres. CCCBL will continue to offer a wide variety of beverages, including some of the most popular brands in Canada such as Coca-Cola®, Diet Coke®, Coca-Cola® Zero Sugar, Coca-Cola Life™, Sprite®, Fanta®, Barq’s®, NESTEA®, POWERADE®, Minute Maid®, DASANI® and vitaminwater®; and its partner brands Canada Dry®, Monster Energy®, evian®, and A&W®.