Food Industry News

Dr. for $ 1,7 billion Peppers bought Bai Brands competitor

American company for the production of soft drinks Dr Pepper Snapple Group (Dr. Peppers) has reached an agreement to buy rival Bai Brands for $ 1,7 billion, the company said.

It is expected, according to the RNS, the deal will be closed in the I quarter of the year 2017.

Dr Pepper Snapple Group produces more than 50 brands of soft drinks, among them - Dr Pepper, Snapple, 7UP, Schweppes.

Bai makes the so-called "useful" soft drinks, such as enriched water, coconut juice and iced teas.

See also ... 28/10/2016 Dr Pepper's profit grew by 9% over 18 months Americans fell out of love with soda18 / 02/2016 USA: Coca-Cola allowed to use the word zero8,7 / 07/02 Dunkin 'Donuts and Coca-Cola merged in cold coffee2014 / 22/01 AB InBev and Starbucks will establish a joint issue of tea Cola fell 2013% in the 30rd quarter 05/2016/30 PepsiCo reduced its net profit by 09% 2016/06/06 PepsiCo reduced the amount of sugar in drinks2016/27/10 PepsiCo reported a decrease in revenue sq. grew 2016 times on 28/19/04 The best burger in the world - a sandwich without meat 2016/24/18 The strengthening of the dollar deprived Coca-Cola of profit

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