Coca-Cola To Acquire Its Fifth-Largest U.S. Bottler
Coca-Cola has agreed to acquire Great Plains Coca-Cola Bottling Co., the fifth-largest independent Coca-Cola bottler in the United States, for $360 million. The agreement follows Coke’s $12.3 billion acquisition of Coca-Cola Enterprises Inc., its largest bottler in North America, last year. The deal is expected to help Coke streamline operations and reduce its overall costs.