USA: Dr Pepper/Seven Up completes Slush Puppie acquisition
Dr Pepper/Seven Up, Inc., has announced the completion of its $16.6m acquisition of Slush Puppie Co.
Slush Puppie, manufactures frozen, non-carbonated beverages and has trademark registrations in more than 40 countries and more than 100 licensed distributors worldwide.
Its products include fruit flavoured Slush Puppie, Pacific Bay SmoothE, Thelma's soft frozen lemonade, Vita Pup (a fruit juice based slush), Lanikai frozen cocktails, CaFreezo frozen cappuccino and hot cappuccino.
CEO at Dr Pepper/Seven Up, Inc, Doug Tough said: "Frozen dispensed beverages posted the second fastest sales growth in convenience stores in 2000. We see this acquisition as an asset to our already strong portfolio."
Dr Pepper/Seven Up, which claims to be the leading non-cola soft drink enterprise of North US, is the largest division of UK based Cadbury Schweppes plc. Its other brands include Sunkist, Canada Dry, Schweppes, Hawaiian Punch, Squirt, RC Cola and A&W.
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