The two founders, David Mullan and Brian Berry, have agreed to support the ownership transition of BDS Vending following completion of the Proposed Transaction.
The acquisition of BDS Vending is consistent with Coca-Cola HBC's strategy to enhance its route-to-market capabilities, including last mile delivery, while at the same time it will unlock profitable opportunities across its well-rounded cold and hot beverages and snacks portfolio. BDS Vending furthermore provides a valuable building block, with proven technology and services, from which Coca-Cola HBC plans to develop additional capabilities across its markets.