BRUSSELS PONDERS SOFT DRINKS MANUFACTURING MERGER
August 1st, 2013
THE NETHERLANDS-based soft drinks manufacturer and bottler Refresco is set to acquire Pride Foods, which also manufactures and bottles soft drinks for retailers and brand owners in Europe. Refresco also owns soft-drinks brands, such as Rodeo Juicy energy drink and Krings juices. The European Commission is expected to rule on the acquisition can go ahead by September 20.Pride Foods is South African-owned, a Refresco official told just-drinks, who refused to reveal the price paid for its rival. “We strongly believe in a further consolidation of the market,” the ...
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