Coca-Cola Hellenic Bottling Company (CCHBC) has announced it plans to buy one of the lading Serbian mineral water companies in a joint acquisition with the Coca-Cola Company.

The purchase includes production facilities at Surdulica in Southern Serbia and the mineral water brand Rosa.

Mr Doros Constantinou, managing director of CCHBC, said: “This acquisition is a significant further commitment to our operations in Serbia. Rosa has great potential for growth as we incorporate it into the Coca-Cola HBC organisation. We have had a strong track record in integrating new water businesses into the group as part of our water strategy and we are pleased to welcome another high quality local brand.”

Coca-Cola HBC is one of the world’s largest bottlers of products of The Coca-Cola Company with operations in 26 countries.