CCHBC Expands Italian Operations

Coca-Cola Hellenic Bottling Company (CCHBC) has reached an agreement to acquire Italy's second largest Coca-Cola bottler, Socib S.p.A, in a deal worth EUR270m (US$418mn). The deal will increase CCHBC volumes in Italy by around 25%, but the timing is perhaps questionable given the lacklustre growth rates within Italy's soft drink sector and the possibility of stronger opportunities in less developed

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