AUS: Coke Amatil to target alcohol market - report

By | 30 May 2006

Asia-Pacific drinks company Coca-Cola Amatil (CCA) could target the alcohol market in 3-5 years' time, the company's chief executive has revealed.

CCA, which is Australia's biggest soft drinks company, is facing rises in the costs of raw materials and increased competition.

Chief executive Terry Davis told Australia's Nine Network that a move into the alcohol market would be "logical" for CCA, given its distribution strength, sales force and expertise in new product development.

Davis said the company had never ruled out such a move, and would "actively" consider doing something in 3-5 years' time - but stressed that nothing was yet on the agenda.

Sectors: Soft drinks, Water

Companies: Amatil

View next/previous articles

Currently reading -

AUS: Coke Amatil to target alcohol market - report

There are currently no comments on this article

Be the first to comment on this article

Related articles

ECJ ruling upholds cross-border shopping status quo

The European Court of Justice yesterday (23 November) ruled that EU consumers can only buy alcohol and cigarettes from other EU countries in person if they are to take advantage of lower duty rates. Joe Ayling reports on how the decision will be welcomed both in the corridors of power and in the UK alcohol retail market.

BELGIUM: EU "booze cruise" ruling cheers traders

The European Court of Justice has passed judgement on the excise duty case that has been worrying retailers who target so-called booze cruises.

FRANCE: China ahead of France in Cognac table

China has overtaken France in Cognac consumption, according to recent figures.

Read more on this hot issue

Analysis - SABMiller, Coca-Cola Amatil

A joint venture between SABMiller and Coca-Cola Amatil threatens to upset the Fosters/Lion Nathan duopoly that has prevailed in the Australian beer market for years, writes David Robertson, and may encourage other international brewers to go it alone down under.

just-drinks tagline

Not a member? Join here

Decrease font sizeDecrease font sizeDecrease font size Increase font sizeIncrease font sizeIncrease font size Comment on this article Email this to a friend Print this page