AUSTRALIA: Berri looking for Asian acquisition

By just-drinks.com editorial team | 5 February 2002

The Australian fruit juice group, Berri Holdings, is reportedly looking for an acquisition in Asia. The company plans to finance the purchase with a flotation on the Australian Stock Market. Sales at the company will be in excess of A$570 million in 2001-2002 but CEO, Doug Shears, has stated he wants to build the company up to a turnover of A$1 billion as soon as possible.

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The Australian fruit juice group, Berri Holdings, is reportedly looking for an acquisition in Asia. The company plans to finance the purchase with a flotation on the Australian Stock Market. Sales at the company will be in excess of A$570 million in 2001-2002 but CEO, Doug Shears, has stated he wants to build the company up to a turnover of A$1 billion as soon as possible.

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