Coca-Cola European Partners (CCEP) has invested in Lavit, a manufacturer of multi-beverage dispensing machines.
Offering customisation around carbonation and flavour, Lavit’s counter-top solutions dispense a range of cold beverage options on demand.
Led by CCEP Ventures, the investment will support Lavit in testing and developing new product capabilities. It follows the recent acquisition by CCEP’s investment arm of a 25% stake in Innovative Tap Solutions, a provider of self-pour, self-pay drink dispensing technology.
According to CCEP, its partnership with Lavit will help the company to explore growth opportunities by gaining further insight into demand for dispensed delivery solutions.
John Uhlein, CEO of Lavit, said: “We are delighted to have CCEP Ventures as a partner. This partnership will enable us to scale more quickly, combining CCEP’s industry experience and commercial expertise with Lavit’s innovative technology.”
The collaboration with Lavit aligns with CCEP’s strategy to explore and test new dispensing solutions as an avenue towards eliminating packaging waste and reducing its carbon footprint.
Graham Stokhuyzen, vice president of new business development at CCEP, added: “Lavit is an ambitious business with an advanced, commercialised dispensing technology and system. We look forward to working together with John Uhlein and the rest of the Lavit team to test and explore next-generation dispensing solutions.
“Decreasing our packaging use and waste is a core part of our strategy to reduce our carbon footprint. We will continue to develop and invest in ‘drinks on demand’ dispensed delivery innovations to offer consumers choice, personalisation and convenience in the most sustainable ways possible. This will also enable us to reduce our use of single-use packaging.”
As part of their joint sustainability action plan, This is Forward, CCEP and Coca-Cola in Western Europe have made a number of packaging pledges, including that by 2025 Coca-Cola will collect a can or bottle for every one it sells.
CCEP also recently announced a €250 million investment to help meet its commitment of net zero emissions by 2040.
© FoodBev Media Ltd 2022
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