Companies / United States
Dr Pepper Snapple Group Seen As Beneficiary Of Soft Drink Consolidation
March 2010 | Company News AlertUS soft drink producer Dr Pepper Snapple Group (DPSG) has talked up the advantages of The Coca-Cola Company (TCCC)'s acquisition of bottling firm Coca-Cola Enterprises (CCE). Due to DPSG's current distribution contract with CCE the move will almost certainly result in a significant cash windfall, with TCCC forced to shell out to maintain the contract. However, DPSG CEO Larry Young has also suggested the move will add value to the firm in other ways and for Young the consolidation is a 'once-in-a-lifetime opportunity to clean up' some of its regional
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