United States

Profile: Coca Cola Bottling Co Consolidated (COKE.O)

COKE.O on Nasdaq

23 Jan 2017
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Coca-Cola Bottling Co. Consolidated, incorporated on April 8, 1980, produces, markets and distributes nonalcoholic beverages, primarily products of The Coca-Cola Company, which include beverage brands. The Company is an independent Coca-Cola bottler in the United States. The Company's segments are Nonalcoholic Beverages and All Other. The Company holds various agreements, under which it produces, distributes and markets sparkling beverages of The Coca-Cola Company, as well as still beverages of The Coca-Cola Company, such as POWERade, vitaminwater, Minute Maid Juices To Go and Dasani water products, and various other products, including Dr Pepper, Sundrop and Monster Energy products. Its operational footprint includes markets located in North Carolina, South Carolina, South Alabama, South Georgia, Central Tennessee, Western Virginia and West Virginia (the Legacy Territories). The Company also develops, markets and distributes certain products, which it owns, such as Tum-E Yummies, a vitamin-C enhanced flavored drink, and Fuel in a Bottle power shots.

The Company's principal sparkling beverage is Coca-Cola. The Company offers a range of flavors to its consumers. In addition, the Company provides restaurants and other immediate consumption outlets with fountain or post-mix products. The Company holds various agreements with The Coca-Cola Company, which entitle the Company to produce, market and distribute in The Coca-Cola Company's nonalcoholic beverages in bottles, cans and over five gallons pressurized pre-mix containers, in the Legacy Territories. The Company also has arrangements for the Company's Legacy Territories with Dr Pepper Snapple Group, Inc. and other beverage companies for the Legacy Territories. The Company purchases concentrates from The Coca-Cola Company and produces, markets and distributes its principal sparkling beverages in the Legacy Territories under two forms of beverage agreements with The Coca-Cola Company: beverage agreements that cover sparkling beverages bearing the trademark Coca-Cola or Coke (the Coca-Cola Trademark Beverages and Cola Beverage Agreements), and beverage agreements that cover other sparkling beverages of The Coca-Cola Company (the Allied Beverages and Allied Beverage Agreements).

Under the Allied Beverage Agreements, the Company has rights to distribute the Allied Beverages in authorized containers in specified Legacy Territories. The Company also purchases finished goods and distributes certain still beverages, such as sports drinks and juice drinks, from The Coca-Cola Company, or its designees or joint ventures, and produces, markets and distributes Dasani water products. The Company also sells Coca-Cola and other post-mix products of The Coca-Cola Company on a non-exclusive basis. The Company holds bottling rights in the Legacy Territories from The Coca-Cola Company covering North Carolina, South Carolina and West Virginia, and portions of Alabama, Mississippi, Tennessee, Kentucky, Illinois, Virginia, Pennsylvania, Georgia and Florida.

Company Address

Coca Cola Bottling Co Consolidated

CHARLOTTE   NC   28211
P: +1704.5514400
F: +1302.6555049

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