# Who does The Coca-Cola Company pay? Who are its key suppliers?
Canonical: https://valuechain.wiki/coca-cola · Facet: suppliers · Updated: 2026-10-11T17:28:00.082+00:00 · Source: ValueChain.wiki (cited money-flow graph)

**Citable summary**: The Coca-Cola Company's confirmed suppliers/cost counterparties include Coca-Cola Europacific Partners, Live Nation Entertainment, Inc., Adobe Inc. plus 4 undisclosed/aggregate relationships. Per the valuechain.wiki graph: 7 cost edges, backed by 8 dated sources, 3 of them primary filings (as of 2026-10-11).

### 코카콜라 유로퍼시픽 파트너스 (high)  → /coca-cola-europacific-partners.md
- metric: Amount €147M · FY2025 · CCEP revenue recognized from Coca-Cola-related transactions
- note: Coca-Cola purchased fountain syrup and packaged products from CCEP. CCEP reported €147 million of related FY2025 revenue.
- [confirms] SEC EDGAR (EN, filing, published 2026-03-13) https://www.sec.gov/Archives/edgar/data/1650107/000165010726000029/cce-20251231.htm: "CCEP recognized €147 million of revenue from syrup and packaged-product sales to Coca-Cola."

### 코카콜라 유로퍼시픽 파트너스 (high)  → /coca-cola-europacific-partners.md
- metric: ownership share 17.59% · as of 2025-12-31 · Coca-Cola ownership interest in CCEP
- note: Coca-Cola is a strategic investor in CCEP, owning 17.59% at year-end 2025 through wholly owned European Refreshments.
- [confirms] SEC EDGAR (EN, filing, published 2026-03-13) https://www.sec.gov/Archives/edgar/data/1650107/000165010726000029/cce-20251231.htm: "Coca-Cola's wholly owned subsidiary held 17.59% of CCEP."
- [confirms] SEC EDGAR (EN, filing, published 2026-02-20) https://www.sec.gov/Archives/edgar/data/21344/000162828026010047/ko-20251231.htm: "Coca-Cola disclosed CCEP as an equity-method investee with about 18% ownership."

### 몬스터 베버리지 (high)  → /monster-beverage.md
- note: Coca-Cola owned about 20.9% of Monster's common stock and had nominated one director as of February 13, 2026, and Korean brokerage research also confirms its 2014 equity investment that launched the strategic partnership.
- [confirms] SEC EDGAR (EN, filing, published 2026-02-27) https://www.sec.gov/Archives/edgar/data/865752/000110465926020831/mnst-20251231x10k.htm: "TCCC owned approximately 20.9%"
- [confirms] Eugene Investment & Securities Research Center (KO, research, published 2021-09-01) https://www.eugenefn.com/common/files/amail/20210901_B_fruitism_207.pdf: "Monster sold a 16.7% stake to Coca-Cola in August 2014 and entered a strategic partnership."

### 라이브 네이션 엔터테인먼트 (high)  → /live-nation-entertainment.md
- note: The Coca-Cola Company is a major brand customer of Live Nation under a multi-year, multi-festival sponsorship, and Live Nation's 2025 filing confirmed that the expanded relationship remained active.
- [confirms] SEC EDGAR (EN, filing, published 2025-02-20) https://investors.livenationentertainment.com/sec-filings/all-sec-filings/content/0001335258-25-000027/0001335258-25-000027.pdf: "Expanded relationships with several partners including Cisco, Bacardi, Coca-Cola, and Hulu."

### 감미료 (설탕·고과당옥수수시럽) (mid)
- note: The key raw materials behind the drinks are sweeteners such as sugar and high-fructose corn syrup; most of that commodity cost is borne by bottlers, leaving Coca-Cola's concentrate business relatively less exposed.
- [mentions] SEC (Coca-Cola 10-K) (EN, filing, published 2025-02-20) https://www.sec.gov/Archives/edgar/data/0000021344/000002134425000011/ko-20241231.htm: "Coca-Cola is exposed to price movements in key raw materials such as sweeteners, while much of the finished-product cost is borne by bottling partners."

### 포장·물류 (알루미늄·PET·운송) (mid)
- note: Aluminum for cans, PET resin for bottles and freight are the main packaging and logistics costs of the beverage chain, again mostly carried by bottlers.
- [mentions] SEC (Coca-Cola 10-K) (EN, filing, published 2025-02-20) https://www.sec.gov/Archives/edgar/data/0000021344/000002134425000011/ko-20241231.htm: "Coca-Cola is exposed to fluctuations in packaging materials such as aluminum and PET resin and in freight costs."

### 어도비 (mid)  → /adobe.md
- note: The Coca-Cola Company uses Adobe Experience Cloud as a global marketing-technology standard and operates Journey Optimizer, Commerce, Real-Time CDP, and Customer Journey Analytics, while the customer-specific contract value is not disclosed.
- [confirms] Adobe and Econsultancy (EN, research, published 2025-02-19) https://business.adobe.com/content/dam/dx/us/en/resources/reports/data-and-insights-digital-trends/2025-ai-and-digital-trends-data-and-insights.pdf: "For us, Adobe Experience Cloud was the best choice. It has the breadth of solutions that we wanted."
- [confirms] Adobe Korea (KO, ir, published 2024-12-10) https://business.adobe.com/kr/customer-success-stories/coca-cola-case-study-personalization.html: "Adobe Commerce integration gave us visibility into every consumer touchpoint."

### 에코랩 (mid)  → /ecolab.md
- note: The Coca-Cola Company purchases Ecolab products as a food and beverage customer, with Ecolab's customer-level emissions allocation confirming the purchasing relationship while neither revenue nor revenue share is disclosed.
- [confirms] Ecolab (EN, ir, published 2021-08-11) https://www.ecolab.com/-/media/Ecolab/Ecolab-Home/Documents/DocumentLibrary/EcolabIncCDPClimateChangeQuestionnaire2021Final-pdf.pdf: "Requesting member: The Coca-Cola Company. Allocation method: Allocation based on mass of products purchased."

### 스머핏 웨스트록 (mid)  → /smurfit-westrock.md
- note: The Coca-Cola Company co-developed paper-based retail and e-commerce packaging with Smurfit Westrock for Coca-Cola China's 2026 World Cup campaign, while Korean research also documents a legacy WestRock paper-packaging project for Coca-Cola.
- [confirms] Smurfit Westrock (EN, ir, published 2026-07-07) https://www.smurfitwestrock.com/newsroom/press-releases/2026/smurfit-westrock-partners-with-coca-cola-on-world-cup-packaging-to-capture-spike-in-consumer-demand: "Smurfit Westrock partnered with Coca-Cola China to launch a series of innovative paper-based packaging solutions."
- [confirms] Mirae Asset Daewoo Research Center (KO, research, published 2020-11-19) https://securities.miraeasset.com/bbs/download/2079713.pdf?attachmentId=2079713: "Coca-Cola and WestRock's paper-based sustainable packaging began to be used in Europe in 2020."

Reverse side: https://valuechain.wiki/coca-cola/customers.md · Ripple: https://valuechain.wiki/coca-cola/ripple.md

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