- Coca-Cola HBC completed the acquisition of Serbian confectionery brand Bambi.

'The acquisition adds market-leading, iconic brands in a relevant, adjacent category, creating opportunities for revenue synergies, complementary innovation and cost efficiencies,' the company said.

The Bambi business also brough a 'strong distribution network, including chilled distribution, in strategically important channels such as traditional retail and HoReCa,' it added.

Coca-Cola HBC said it would now include the Bambi business in its consolidated financial statements.

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