US: Cadbury buys 7UP bottler
Cadbury Schweppes has bought US bottler Seven-Up Bottling Co. in a deal worth US$48m.
The UK-based drinks-to-confectionery group said yesterday (8 August) that it has bought the San Francisco-based bottler from the Easley family.
Cadbury said the bottler operates in 29 counties across northern California, employing around 600 people. Its revenues last year stood at around US$140m.
The deal follows Cadbury's move in April to take full control of the Dr Pepper/Seven Up Bottling Group. Cadbury bought the 55% stake it did not already own for US$353m.
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