Coca-Cola Beverages Philippines Inc. (CCBPI) announced Wednesday the change in the company’s legal name from to Coca-Cola Europacific Aboitiz Philippines Inc. (CCEAP).
“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. In the 113 years that Coca-Cola has called the Philippines home, we look forward to a hundred more years of refreshing our consumers and making a difference through our Great People, Great Beverages, Great Execution, and Great Partners — Done Sustainably,” said Gareth McGeown, president and chief executive of CCEAP.
Following the announcement on Feb. 23, 2024 on the completed acquisition of CCEAP by Coca-Cola Europacific Partners Plc (CCEP) and Aboitiz Equity Ventures Inc. (AEV), the company obtained approval from the Securities and Exchange Commission for the change of company name to be used effective January 15, 2025.
“More than anything, this new name represents the strength of our partnership with Coca-Cola Europacific Partners. We share a solid commitment to our customers and communities, and with this new identity, we believe we can make a much more meaningful impact,” said Aboitiz Group president and chief executive Sabin Aboitiz.
CCEAP—the bottling partner and official distributor of Coca-Cola products in the Philippines—operates across 18 manufacturing facilities and almost 70 distribution centers and sales offices nationwide, offering 20 brands in its beverage portfolio and employing around 9,000 Filipinos.