Coca-Cola Enterprises to Invest €17 Million in French Factory
Coca-Cola Enterprises has reaffirmed its commitment to the French market by confirming its plans to invest Eur17 million to develop its Les Pennes-Mirabeau factory, which is about to celebrate is 40th anniversary.
However, Hubert Patricot, president of the European Group, Coca-Cola Enterprises, has stressed the company’s opposition to a proposed tax on soft drinks by the French Government. “We remain strongly opposed to a tax that unjustly targets the purchasing power of the French people and one category of beverages under the pretext of addressing public health concerns. Consumer information and education around increased exercise and balanced diets, not discriminatory taxes, must be part of any comprehensive proposal,” he says.
Coca-Cola Enterprises, Western Europe’s biggest bottler of Coca-Cola Company drinks, has five production sites in France, where it employs 3,000 people. The company has invested Eur260 million in its French operations over the last six years.
