SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): July 21, 1997
COCA-COLA ENTERPRISES INC.
(Exact name of registrant as specified in its charter)
Delaware 01-09300 58-0503352
(State of (Commission File No.) (IRS Employer
Incorporation) Identification No.)
2500 Windy Ridge Parkway, Atlanta, Georgia 30339
(Address of principal executive offices, including zip code)
(770) 989-3000
(Registrant's telephone number, including area code)
Page 1 of 5 pages
Exhibit Index page 4
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Item 5. Other Events
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On July 21, 1997, Coca-Cola Enterprises (the "Company")
announced that the Company has signed a letter of understanding
to acquire the Coca-Cola bottling operations in Luxembourg. The
Company is acquiring the exclusive rights to manufacture and
distribute products of The Coca-Cola Company in this territory
for a transaction value of approximately $20 million based on
current exchange rates.
Item 7. Financial Statements and Exhibits
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(c) Exhibits.
99 Press Release of Coca-Cola Enterprises
issued July 21, 1997.
Page 2 of 5 pages
<PAGE>
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of
1934, the Registrant has duly caused this report to be signed on its
behalf by the undersigned hereunto duly authorized.
COCA-COLA ENTERPRISES INC.
(Registrant)
S/ LOWRY F. KLINE
Date: July 22, 1997 By:______________________________
Lowry F. Kline
Senior Vice President and
General Counsel
Page 3 of 5 pages
<PAGE>
COCA-COLA ENTERPRISES INC.
EXHIBIT INDEX
Exhibit No. Page
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99 Press release issued July 21, 1997 5
Page 4 of 5 pages
<PAGE>
EXHIBIT 99
COCA-COLA ENTERPRISES INC. NEWS RELEASE
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CONTACT: Laura Asman - Media Relations
(770) 989-3023
Margaret Carton - Investor Relations
(770) 989-3622
FOR IMMEDIATE RELEASE
- ---------------------
COCA-COLA ENTERPRISES INC. ANNOUNCES INTENTION
TO ACQUIRE COCA-COLA BOTTLER IN LUXEMBOURG
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ATLANTA, July 21, 1997 -- Coca-Cola Enterprises today
announced that the Company has signed a letter of understanding
to acquire the Coca-Cola bottling operations in Luxembourg. The
Company is acquiring the exclusive rights to manufacture and
distribute products of The Coca-Cola Company in this territory
for a transaction value of approximately $20 million based on
current exchange rates. In 1996 the Luxembourg bottler
generated net operating revenues of $25 million on 6 million
unit cases of products of The Coca-Cola Company. As part of
this transaction, the Company has agreed to sell and distribute
Rosport water, a carbonated mineral water owned by the current
Coca-Cola bottler, Soutirages Luxembourgeois S.A.
"The Luxembourg territory is a natural fit with our
existing operations in the Netherlands and Belgium," remarked
Summerfield K. Johnston, Jr., vice chairman and chief executive
officer of Coca-Cola Enterprises. "This acquisition further
demonstrates our interest in expansion in Western Europe."
The proposed transaction is subject to certain conditions
including negotiation of a definitive purchase agreement,
approval of the Company's Board of Directors, and approval of
any required regulatory agencies. The transaction is expected
to close by early 1998.
Coca-Cola Enterprises Inc. (NYSE: CCE) is the world's
largest bottler of liquid nonalcoholic refreshment. Coca-Cola
Enterprises is the sole licensed bottler for products of The
Coca-Cola Company in Belgium, Great Britain, the Netherlands,
and most of France. Coca-Cola Enterprises also distributes more
than 58 percent of The Coca-Cola Company's United States bottle
and can volume. The Company also has a pending transaction to
acquire Coca-Cola Beverages Ltd. (Coke Canada) and The Coca-Cola
Bottling Company of New York, Inc. (Coke New York).
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