|
|
Article: Cadbury Schweppes to Acquire Snapple Beverage Group For an Enterprise Value of $1.45 Billion.
- Article from:
- PR Newswire
- Article date:
- September 18, 2000
CopyrightCOPYRIGHT 2000 PR Newswire Association LLC. 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)
|
* Cadbury Schweppes has entered into an agreement to acquire the
Snapple Beverage Group from Triarc Companies, Inc., for an enterprise
value of $1.45 Billion (1,028 million pounds sterling)
* Snapple Beverage Group is a US premium beverage company whose brands
include Snapple, Mistic, Stewart's and Royal Crown (RC ready-to-drink)
Cola. Snapple is the leading brand in the profitable and high growth
premium ready-to-drink tea and juice sector of the New Age beverage