AUS: CCA gives Ardmona research support - report

By | 4 June 2007

Coca-Cola Amatil has set up a research and production deal for its SPC Ardmona subsidiary, according to reports.

AFX International Focus said today (4 June) that the Australian company has signed a development and commercialisation agreement with Anadis for Ardmona. Financial details of the arrangement were not reported.

Anadia will be charged with developing and enhancing consumer foods in the so-called 'healthy food' segment, while also working with Ardmona for product advancement and differentiation, the news service said.

Coca-Cola Amatil took control of Ardmona, Australia's largest fruit and vegetable processor, in early 2005. The purchase, which saw CCA makes its first tentative steps into the food business, cost the company A$685m (US$570.8m).

Sectors: Soft drinks, Water

Companies: CCA

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