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Plastics in Packaging website has recently published information that Coca-Cola Amatil which has presence in PNG will soon be acquired by Coca-Cola Europacific Partners and the name will change to Coca-Cola European Partners (CCEP).
The acquisition is expected to be completed in May this year.
The packaging information website reveals that the acquisition which includes Australia, Indonesia, New Zealand and Fiji will result in the company becoming the largest Coca-Cola bottler employing a staggering 33,000 people and servicing approximately 2 million customers in 26 countries.
The proposed acquisition was apparently announced in October 2020, and was approved by Amatil’s shareholders on 16 April 2021.
There has been no news of it in the country so far but certainly there should be some announcement soon.