Refreshment focuses on the water dispenser/cooler, office coffee service and vending sectors, while also taking an in-depth look into products for vending from bottled water and drinks, to snacks and confectionery. It also focuses on hydration, health and wellness, new technologies and environmental and social responsibility issues.
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Coca-Cola HBC Northern Ireland has agreed to acquire 100% of BDS Vending Solutions for an undisclosed sum.
Founded in 1993, BDS Vending operates approximately 2,000 vending machines, providing food and beverage vending solutions in Ireland. Following the completion of the transaction, founders David Mullan and Brian Berry, have agreed to support the ownership transition of BDS Vending.
According to the company, the acquisition of BDS Vending aligns with Coca-Cola HBC's strategy to improve its route-to-market capabilities, including last-mile delivery. It also offers opportunities across its diverse range of cold and hot beverages and snacks.
Coca-Cola HBC said that BDS Vending offers "a valuable building block, with proven technology and services, from which Coca-Cola HBC plans to develop additional capabilities across its markets".
The transaction is subject to approval by the Competition and Consumer Protection Commission in Ireland and is expected to be completed in the coming months.
Terms of the deal were not disclosed.
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