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Article: Acquisition of Panda soft drinks brand.(COMPANY EVOLUTION)
- Article from:
- Food Trade Review
- Article date:
- April 1, 2005
CopyrightCOPYRIGHT 2005 Food Trade Press Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Nichols plc, the soft drinks group, announces the purchase of leading children's soft drink brand Panda, from Dorset based brewer, Hall & Woodhouse Limited.
Following the disposal of its manufacturing business and related property in November 2004 for 11.63 million [pounds sterling] in cash, Nichols now has two principal operations. These are Soft Drinks (primarily involved in the sale of soft drinks, including Vimto, throughout the world and Sunkist in the UK) and Beverage Systems (including Cabana, soft drinks on draught and Balmoral, supplier of hot beverage systems). Panda is a market leading and popular range of still and sparkling soft drinks aimed ...