Refresco and Gerber Emig merger completed
Refresco and Gerber Emig announced today the completion of the merger between Refresco and Gerber Emig. This follows the approval of the European Competition Commission on October 4, 2013. The EEC’s green light to merge is conditional upon divestment of a bottling plant in Waibstadt, Germany. Refresco shareholders will own 72.5% of the shares in the new Group and Gerber Emig shareholders will own 27.5% of the shares.
The new corporate name of the Group will be Refresco Gerber. The company is headquartered in Rotterdam, the Netherlands and employs circa 4,700 staff, with operations in the Benelux, France, Germany, Iberia, Italy, the UK, Poland and Finland. Refresco Gerber has volumes of circa 6.5 billion litres and a yearly revenue of circa EUR 2.3 billion. Refresco Gerber offers an extensive range of product and packaging combinations from 100% fruit juices to carbonated soft drinks and mineral waters in carton, PET, Aseptic PET, cans, pouches and glass. In addition to the efficiency of its bottling processes, the company also provides customers with total supply chain solutions – from planning and sourcing of raw materials and packaging through to warehousing and transportation.