Three Cents Overview
Company Headquarters: UK
Founded: 2014
Company Working:
Producer of mixers, beverages intended to be consumed as soft drinks and used as mixers for cocktails, long drinks and mixed drinks. The company's products are made from natural ingredients and no preservatives by combining high-quality spring water, offering consumers beverages inspired by nineteenth-century soda fountain culture and artisanal production.. In August 2022 - Coca-Cola HBC AG ("Coca-Cola HBC") announced today that its wholly-owned subsidiary, CC Beverages Holdings II B.V., has reached an agreement to acquire ESM Effervescent Sodas Management Limited ("Company" or "Three Cents") from S.I.C.C Holding Limited, a wholly-owned subsidiary of IDEAL Holdings SA, a publicly-listed company in Greece (the "Transaction"). The agreed enterprise value amounts to €45 million, subject to certain closing adjustments. Completion of the Transaction is expected in the second half of 2022 and is subject to customary closing conditions and regulatory approvals.
