the cocacola bottling co consolidated has completed its previously announced agreement with an affiliate of the cocacola company to expand its bottler&rsquos franchise territory to include louisville, kentucky and evansville, indiana.the company had first announced the agreement of the proposed franchise territory expansion in the letter of intent signed between the two companies in april 2013.according to the agreement, cocacola consolidated will exchange the bottler&39s franchise territory with jackson, tennessee for territory which currently comes under cocacola refreshments usa, ccr.ccr is a whollyowned subsidiary of the cocacola company in lexington, kentucky.as a result of the agreement, the bottler&39s expanded franchise territory will include paducah and pikeville, kentucky.the company will complete the territory expansion transactions under these agreements by spring this year.cocacola consolidated is the largest independent cocacola bottler with franchise territories in 12 states in the us and is headquartered in charlotte, north carolina.at the time of the announcement of the agreement in april 2013, cocacola consolidated had stated that the proposed transaction for acquiring distribution rights to the expanded territory will be accomplished by a subbottling arrangement with ccr under which it would make ongoing payments to ccr in exchange for the exclusive distribution rights in the territory.currently, the company&39s markets include charlotte, raleigh, wilmington, greenville, the triad, and asheville in north carolina greenville, columbia, and charleston in south carolina, charleston, beckley, and parkersburg in west virginia, roanoke and bristol in virginia, cleveland, nashville, johnson city, morristown and knoxville in tennessee, louisville in kentucky, evansville in indiana, columbus and albany in georgia, mobile, alabama, panama city, florida and biloxi, mississippi. 
