Suntory Holdings Limited Announces Completion of Acquisition of the Orangina Schweppes Group
17 Nov 2009 --- This acquisition of Orangina Schweppes Group will provide Suntory with a solid platform in Europe in the soft drinks business, and is a further step in Suntory's global expansion strategy.
17 Nov 2009 --- Suntory Holdings Limited has acquired 100% ownership of Orangina Schweppes Group from Lion Capital LLP and The Blackstone Group on November 12, 2009.
This acquisition of Orangina Schweppes Group will provide Suntory with a solid platform in Europe in the soft drinks business, and is a further step in Suntory's global expansion strategy.
It aims to maximize synergies with Suntory's existing non-alcoholic beverage and food businesses Frucor Group in Australasia, Cerebos Pacific in South East Asia, Tipco F&B, a JV in Thailand and the strong domestic platform in Japan.
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