Cadbury Schweppes Swoops for US Seven-Up Bottling Plant
The Seven-Up Bottling Company of San Francisco operates in 29 counties in Northern California, has ten warehouses and one manufacturing plant, and employs approximately 600 people. In 2005, its revenue was approximately $140 million.
10/08/06 Cadbury Schweppes has acquired the Seven-Up Bottling Company of San Francisco from the Easley family for US$48 million in cash.
The Seven-Up Bottling Company of San Francisco operates in 29 counties in Northern California, has ten warehouses and one manufacturing plant, and employs approximately 600 people. In 2005, its revenue was approximately $140 million.
Cadbury sold its European drinks business last year to focus on the US and other international markets. Cadbury already operates 11 factories and bottling plants in the US, the majority of which it owns.
Sales of carbonated soft drinks are falling in the US, with health-conscious consumers turning towards bottled water and energy drinks in ever-greater numbers. But diet versions of carbonated drinks such as Dr Pepper and Sunkist continue to be popular, with sales growing last year.
