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New Deal


Announced

ECCBC and Castel Group to merge their Algerian soft drinks businesses.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Single Bidder

Domestic

Acquisition

Merger

Containers and Packaging

Private

Pending

Majority

Algeria

Friendly

bottling

Synopsis

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Equatorial Coca-Cola Bottling Company, a bottler of The Coca-Cola Company across North and West Africa, and Castel Group, a French beverage company, agreed to merge their Algerian soft drinks businesses. Financial terms were not disclosed. The proposed integration will allow both companies to combine their respective capabilities and expertise to drive performance across a consolidated beverage platform to serve the Algerian market more effectively and efficiently, driving value for the Coca-Cola System’s key stakeholders including consumers, customers and suppliers.

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