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Announced

Completed

Coca-Cola HBC completed its €260m acquisition of Bambi from Mid Europa Partners.

Financials

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Transaction Value£227m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales3.3x
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Serbia

Food Products

Acquisition

Private Equity

confectionery products

Private

Completed

Majority

Friendly

Single Bidder

Synopsis

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Coca-Cola HBC, the world's third-largest Coca-Cola anchor bottler in terms of volume, completed the €260m ($291m) acquisition of Bambi, a leading regional confectionery business in Serbia, from Mid Europa Partners. "This acquisition represents an excellent opportunity to create additional value for Coca-Cola HBC, its customers, and shareholders. It adds iconic, complementary consumer brands to our portfolio of leading beverage brands, as well as consumer-focused innovation capabilities. It further strengthens our relevance with customers and allows us to increase our presence in key consumption occasions, such as the start of the day, on the go and at home snacking and refreshment," Zoran Bogdanovic, Coca-Cola HBC CEO.

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