Texas-based Dr Pepper/Seven Up, Inc. today announced an agreement to acquire the assets of Cincinnati, Ohio-based Slush Puppie Corporation for $16.6 million. Slush Puppie had net sales of $25 million in 1999 and earnings before interest, taxes, depreciation and amortization (EBITDA) of $2.7 million. The transaction is expected to close next month.

Just Drinks membership gives you:

  • Unlimited access to Just Drinks content including in-depth analysis, exclusive blogs, industry executive interviews and management briefings
  • Unbeatable market coverage from wine and beer, to soft drinks
  • Unrivalled apparel industry comment from Olly Wehring, Andy Morton and leading industry analysts
Want multi-user access? Explore our multi-user & corporate memberships

70% of the beverage companies in the Forbes Global 2000 use Just Drinks