The company, which has declined to comment on the speculation, is thought to be looking to acquire a small premium water brand and integrating it with its powerful distribution network to compete with the likes of Evian and Perrier.
US: Cadbury Schweppes linked with mineral water move
Soft drinks and sweets group, Cadbury Schweppes, is reportedly planning to make an acquisition in the bottled water market in order to capitalise on the growth in this area in the US and reduce its dependence on its carbonated soft drinks brands like 7Up and Dr Pepper.
April 2, 2002