Cadbury Schweppes offers 1.6 billion pounds sterling for Dr Pepper

Article Abstract:

Cadbury Schweppes has made a bid of 1.6 billion pounds sterling for Dr Pepper Seven Up, a move which would increase its stake in the US soft drinks market threefold if the acquisition is finalised. Cadbury holds a 25% stake in the company and has spent a year in negotiations. The US soft drinks market accounts for 34% or the world market and Coca-Cola accounts for 32.3% of the US market, with Cadbury Schweppes ranking third, after PepsiCo. PepsiCo holds the license for Seven-Up sales outside the US.

Mergers, acquisitions and divestments, Soft drink industry, Cadbury Schweppes PLC, Dr Pepper Seven-Up Corp.

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European sports drinks back on track

Article Abstract:

Consumption of sports drinks in Europe rose by around 22% in 1994 from 1993 to 356 million lt, and the retail value of the market has now reached almost 600 million pounds sterling. Brand leadership is held by Quaker Oats' 'Gatorade,' while Sandoz is the largest overall player in the market. The largest market is Germany, which accounts for 45% of total consumption.

Statistics, Isotonic beverages, Energy drinks

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Quaker Oats profits rise

Article Abstract:

An article about the second quarter, 1999 financial report of Quaker Oats is presented. For the second quarter, Quaker Oats reported profits of $229.8 million, which represents a 16% increase over the same period of last year.

United States, Sales, profits & dividends, Groceries & Rel Prods Whsle, Grocery and Related Product Wholesalers, Groceries and Related Products, Grain Mill Products, Grain and Oilseed Milling, Statistical Data Included, Management, Finance, Grocery industry, Grocery stores, Beverage industry, Grain industry, Quaker Oats Co., OAT, Grain products, Morrison, Robert S.

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