Coca-Cola employees in Germany will receive a pay rise and a one-off payment under a new collective agreement reached following recent walkouts.

The deal was reached in collective bargaining negotiations in Hamburg, according to a joint announcement issued on Wednesday by the Food, Beverages and Catering Union (NGG) and Coca-Cola Europacific Partners Germany (CCEP DE).

Employees and trainees will receive a one-off payment of €400 ($463) in 2025, as well as wage increases of 2.9% from January 2026 and 2.4% from January 2027.

The employer’s contribution to the company pension scheme is also set to increase from 2027. The new collective agreement will run for 28 months.

NGG deputy chairman and chief negotiator Freddy Adjan described the deal as “acceptable,” but added that it is also clearly a compromise, and that the union would have “liked to see more movement from the employer.”

CCEP Director of Labour Relations Kathrin Flohr said the two sides had “succeeded in agreeing to a fair and comprehensive collective bargaining package that provides long-term planning security.”

There have been strikes for higher wages at numerous Coca-Cola locations in Germany in recent weeks. The brand’s beverages are manufactured, distributed and sold in the country by CCEP DE.

The company operates 24 locations in Germany, including 13 production facilities, and employs around 6,500 people.

• dpa