BUSINESS

CCHBC completes Bambi buyout

TAGS: Business, Food

Coca-Cola Hellenic has announced the completion of its acquisition of Serbian cookie producer Bambi.

The buyout is a part of CCHBC AG’s strategy to cover consumers’ around-the-clock needs and serves its target of transforming into a food and beverage industry.

“The agreement adds to the group products with a leading position in a similar market, creating opportunities for synergies regarding revenues, innovation and cost management,” the Athens-listed firm’s statement read.

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