Dr Pepper Snapple Group (DPS: Quote) announced that it has acquired the business assets and territory of Dr. Pepper/7-UP Bottling Company of the West, based in Reno, Nev. The acquisition includes rights to the Dr Pepper/7UP-West territory and ownership of its distribution operations in Reno; Chico, Calif.; and Boise, Idaho. Terms of the purchase were not disclosed.
Dr Pepper/7UP-West serves a territory that includes northern Nevada as well as parts of northern and western California and Idaho. The bottler distributes Dr Pepper, Snapple, 7UP, Sunkist soda, A&W and RC Cola, as well as several DPS-allied brands, including Fiji, Neuro, Rockstar and Vita Coco.
The company said it does not anticipate that the acquisition will have any material effect on its 2013 financial results.
Click here to receive FREE breaking news email alerts for Dr. Pepper Snapple Group, Inc. and others in your portfolio
by RTT Staff Writer
For comments and feedback: editorial@rttnews.com
Business News