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Companies / Greece

CCH Plans Expansion, In Line With Industry Trend Towards Investment And Away From Cost Cutting

June 2010 | Company News Alert

Greece-based soft drinks producer Coca-Cola Hellenic (CCH) has revealed that it is on the lookout for acquisitions as it seeks to expand its international market share. The firm has said any deal would be subject on an incumbent bottler being willing to sell its Coca-Cola bottling rights and that The Coca-Cola Company would need to give its approval. CCH has been hard hit by the downturn due to its exposure to Eastern Europe and Greece, which have been particularly affected by the global slump. However, it is in a strong financial position and its willingness to examine takeovers is in

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