# Coca-Cola HBC invests EUR 15 million in KeelClip paperboard multipack packaging

Coca-Cola Hellenic Bottling Company is investing EUR 15 million ($16.54 million) in Graphic Packaging's KeelClip paperboard packaging to replace plastic shrink-wrap on can multipacks in Europe, with rollouts in Ireland and Poland planned for 2020.

- Type: Investment
- Announced: 2019-11-22
- Value: $16.5M (15.0M EUR)
- Status: announced
- Products: KeelClip paperboard multipack packaging
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Graphic Packaging International](https://endata.com/companies/972.md) (supplier)
- [Coca-Cola HBC](https://endata.com/companies/5819.md) (investor)

## Sources

- [environmentenergyleader.com](https://www.environmentenergyleader.com/articles/22720-coca-cola-hbc-invests-1654-million-in-european-paperboard-multipack-company), 2019-11-22: "Coca-Cola Hellenic Bottling Company is investing €15 million ($16.54 million) in KeelClip paperboard packaging to replace shrink-wrap plastic on multipack cans in Europe."
- [environmentenergyleader.com](https://www.environmentenergyleader.com/stories/coca-cola-hbc-invests-1654-million-in-european-paperboard-multipack-company,18672), 2019-11-22: "Coca-Cola Hellenic Bottling Company is investing €15 million ($16.54 million) in KeelClip paperboard packaging to replace shrink-wrap plastic on multipack cans in Europe."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.