Page 31 - Food&Drink Magazine November-December 2021

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COCA-COLA AMATIL
So long, farewell
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Alison Watkins
COCA-COLA Amatil Limited is a locally owned public company that generates revenue from the manufacturing, marketing, and distribution of a range of beverage products. Holding its third place from 2020, this will be the last year it appears in the Top 100 after it was sold to Coca-Cola European Partners (CCEP) in March for $13.50 a share.
In April, CCEP changed its name to Coca-Cola Europacific Partners, with the new entity becoming the world’s largest Coca-Cola bottler, employing more than 33,000 people with around two million customers in 26 countries.
LION
Upgrades and innovation
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Amatil managing director Peter West was announced as the vice president and general manager Australia, Pacific and Indonesia (API) Business Unit and joined
the CCEP executive leadership team. The new business unit’s operations include Australia, Indonesia and Papua New Guinea, and New Zealand Fiji and the Pacific Islands.
CCEP is listed on Euronext Amsterdam, the New York Stock Exchange, London Stock Exchange and on the Spanish Stock Exchanges,
In October, the company announced it was offloading its beer and cider portfolio to focus
on alcohol categories spirits, alcohol ready-to-drink (RTD), and non-alcohol RTDs. It will also sell Feral Brewing Company.
CCEP also doubled production at its Richlands facility in Queensland, the exclusive Australian bottling and distribution centre for Coke’s signature contour glass bottles. The expansion increased production from 180 to 320 SKUs, and an increase from four to 10 production lines. Carbonated soft drinks, post mix, water, flavoured water, Powerade, dairy, alcohol and energy drinks are all produced at the facility, and then distributed here and overseas.
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Stuart Irvine
AFTER formally bidding farewell to its Dairy and Drinks business in January following the division’s sale to Bega for $560 million in late 2020, the brewer got on with the business of brewing.
Lion has a diverse portfolio with 15 key beer brands including Tooheys, XXXX, Hahn, and
James Squire. The company also produces cider, fine wine, spirits, and alcoholic and non-alcoholic ready-to-drink beverages.
The company completed a significant upgrade of its Tooheys
brewery in Western Sydney. The Lidcombe site operates 24 hours a day, seven days a week, and brews roughly 300 million litres of beer per year. It produces up to 120,000 cartons a day, which is equivalent to two million litres.
This year, Lion partnered with Steel City Beer Company to make “a beer the people of the Hunter can call their own” and entered the growing no/low-alcohol category with James Squire Zero.
In May, CEO Stuart Irvine announced he was stepping
down. After eight years at the helm Irvine said it was time
to pass the baton. Irvine had overseen the successful delivery of Lion’s transformation program selling LD&D, significant technological investment and diversification into craft beer and spirits. His replacement had not been announced by press time.
Lion managing director James Brindley also resigned. David Smith, currently managing director Southern Europe for Diageo, is his replacement.
www.foodanddrinkbusiness.com.au | November-December 2021 | Food&Drink business | 31