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The Coca-Cola Company Announces Letters of Intent with Three U.S. Bottlers to Grant Expanded Distribution Territories in Seven States

ATLANTA--(BUSINESS WIRE)--The Coca-Cola Company today announced it has signed letters of intent with three U.S. bottlers to grant expanded distribution territories in seven states as part of its ongoing efforts to refranchise half of Company-owned U.S. bottler-delivered volume by the end of 2017.

“We continue the evolution of our U.S. operations as two of our newest partners, Great Lakes Coca-Cola and Coca-Cola Beverages Florida, are granted additional territory, and Atlantic Coca-Cola expands its footprint”

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In each territory, The Coca-Cola Company will grant exclusive rights to these bottlers for the sale and distribution of bottler-delivered Coca-Cola beverages. In addition, Coca-Cola Refreshments, the Company-owned U.S. bottler, will sell its sales and distribution assets to the expanding local bottling partner. New letters of intent provide that:

  • Coca-Cola Beverages Florida, based in Tampa, will assume additional territory in north Florida including Brevard, Daytona, Jacksonville, Gainesville and Orlando.
  • Great Lakes Coca-Cola Distribution, L.L.C., based in Chicago, will assume additional territory including the state of Michigan, the majority of Wisconsin including Milwaukee, southern Minnesota including Minneapolis and portions of northeast Iowa and northern Illinois adjacent to its Chicago territory.
  • Atlantic Coca-Cola Bottling Company, based in Atlantic, Iowa, will assume new territory in southeastern Iowa...