Companies / Germany
Refresco Back On Acquisition Trail, Looking To Consolidate Private Label Market
August 2010 | Company News AlertNetherlands-based soft drink producer Refresco is to buy Germany's Soft Drinks International (SDI) as it looks to build market share in the European private label soft drink sector. SDI generated revenues of EUR140mn in 2009 and operates across the soft drink and bottled water sectors. The move comes shortly after private equity group 3i invested EUR84mn into Refresco in return of a 20% stake and demonstrates the firm's commitment to consolidating the European private label drink sector, which remains relatively
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