COCA-COLA Beverages Philippines Inc. (CCBPI) on Wednesday said it had changed its name to Coca-Cola Europacific Aboitiz Philippines Inc. (CCEAP) in line with an ownership change.
COCA-COLA Beverages Philippines Inc. on Wednesday said it had changed its name to Coca-Cola Europacific Aboitiz Philippines Inc. in line with an ownership change.'Our new name signifies an exciting new phase in our journey as we reaffirm our commitment to serving our customers, supporting our people and communities, and driving long-term growth for the country,' CCEAP President and CEO Gareth McGeown said in a statement.
with AEV taking a 40-percent stake.AEV's total capital contribution to Cabpi was said to be P29.1 billion based on a quarterly report filed last November.Aboitiz Group President and CEO Sabin Aboitiz, for his part, said 'more than anything, this new name represents the strength of our partnership with Coca-Cola Europacific Partners.
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