Great Lakes Coca-Cola Distribution, L.L.C. Signs Definitive Agreement with The Coca-Cola Company
2014年11月19日 - 10:15PM
ビジネスワイヤ(英語)
Implementation of 21st Century Beverage
Partnership Model in the United States Continues
The Coca-Cola Company today announced that it had signed a
definitive agreement with Great Lakes Coca-Cola Distribution,
L.L.C., a wholly-owned subsidiary of Reyes Holdings, L.L.C. This
agreement follows a Letter of Intent announced in February with
Reyes Holdings, L.L.C. for the granting of territories in the
greater Chicago area. The Company anticipates closing the
transaction in 2015. Financial terms were not disclosed.
“Reyes Holdings has a proven track record of building strong
brands in mature markets with local customers and will be an
important asset to our System,” said Sandy Douglas, President,
Coca-Cola North America. “We’re proud to welcome Chris Reyes and
Jude Reyes to the family of Coca-Cola franchise bottlers in North
America.”
Reyes Holdings is one of the largest global providers of food
and beverage distribution services. Its operations span North,
Central and South America, as well as Europe, the Middle East and
Asia Pacific. Annually, the company delivers more than 800 million
cases of high-quality, well-known beer and food products. Great
Lakes Coca-Cola Distribution, L.L.C. will dedicate all of the
company’s sales and distribution activities on servicing the
Coca-Cola brands.
“We’re thrilled to be one of the newest members of the Coca-Cola
family,” said Christopher Reyes, Founder and Co-Chairman of Reyes
Holdings.
“We intend to leverage our distribution experience to refresh
fans of Coca-Cola’s iconic brands throughout greater Chicagoland,”
said Jude Reyes, Founder and Co-Chairman of Reyes Holdings.
In April 2013, The Coca-Cola Company announced that it had
signed Letters of Intent with five U.S. bottlers which committed to
creating a stronger U.S. business model through the granting of
new, expanded territories. The five bottlers are Coca-Cola Bottling
Co. Consolidated, Coca-Cola Bottling Company United Inc., Swire
Coca-Cola USA, Coca-Cola Bottling Company High Country and Corinth
Coca-Cola Bottling Works, Inc. The Company is very encouraged by
the transitions that have taken place with each of these bottlers
in 2014. Looking ahead, the Company is positioned to complete the
initial transitions in 2015.
Additionally the Company announced on September 24, 2014 that it
had signed a definitive agreement with Troy Taylor, who is now
Chairman and CEO of Coca-Cola Bottling Company of Central Florida
and expects to complete the transaction in 2015.
In all of the newly granted territories, the Bottlers and The
Coca-Cola Company will work collaboratively to implement key
elements of the evolving U.S. operating model, including:
- A grant of exclusive territory rights
and the sale by Coca-Cola Refreshments (CCR) of distribution assets
and cold drink equipment
- A finished goods model under which
production assets will remain with CCR, which would facilitate
future implementation of a national product supply system
- An improved, more integrated
information technology platform
- A new beverage agreement that supports
the evolving operating model
About The Coca-Cola
Company
The Coca-Cola Company (NYSE: KO) is the world's largest beverage
company, refreshing consumers with more than 500 sparkling and
still brands. Led by Coca-Cola, one of the world's most valuable
and recognizable brands, our Company's portfolio features 17
billion-dollar brands including Diet Coke, Fanta, Sprite, Coca-Cola
Zero, vitaminwater, Powerade, Minute Maid, Simply, Georgia and Del
Valle. Globally, we are the No. 1 provider of sparkling beverages,
ready-to-drink coffees, and juices and juice drinks. Through the
world's largest beverage distribution system, consumers in more
than 200 countries enjoy our beverages at a rate of 1.9 billion
servings a day. With an enduring commitment to building sustainable
communities, our Company is focused on initiatives that reduce our
environmental footprint, support active, healthy living, create a
safe, inclusive work environment for our associates, and enhance
the economic development of the communities where we operate.
Together with our bottling partners, we rank among the world's top
10 private employers with more than 700,000 system associates. For
more information, visit Coca-Cola Journey at
www.coca-colacompany.com, follow us on Twitter at
twitter.com/CocaColaCo, visit our blog, Coca-Cola Unbottled, at
www.coca-colablog.com or find us on LinkedIn at
www.linkedin.com/company/the-coca-cola-company.
About Reyes Holdings,
L.L.C.
Reyes Holdings delivers a wide variety of food and beverage
items to retailers around the world including some of the most
respected global and local brands. Annually, the company delivers
more than 800 million cases of high-quality beer and food products
from 142 warehouses in North, Central and South America, as well as
Europe, the Middle East and Asia Pacific. Reyes Holdings operations
include The Martin-Brower Company, L.L.C., a global quick-service
restaurant distribution business and the largest supplier worldwide
of distribution services to the McDonald’s restaurant system;
Reinhart Foodservice, L.L.C., one of the largest broadline
foodservice distributors in the United States, and Reyes Beverage
Group, the largest beer distributor in the United States
representing award-winning import, domestic and craft beer brands.
Reyes Holdings is the 12th largest privately held company in the
United States with more than 17,000 employees and annual sales in
excess of $23 billion. For more information about Reyes Holdings,
visit the company website at www.reyesholdings.com.
The Coca-Cola CompanyKatie Condon,
404-676-8006kcondon@coca-cola.com
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