logo
Plus   Neg
Share
Email

Dr Pepper Snapple Group Buys Dr. Pepper/7-UP Bottling Company Of The West

Dr Pepper Snapple Group (DPS) 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.

by RTTNews Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Walmart is ditching its dress code policy and is testing a new dress code that will allows "associates" to wear blue denim and shirts of any solid color. The updated dress coded guidelines now allow employees to wear blue "jeggings" and blue jeans and shirts of any solid color, according to a Walmart... Canadian investment firm Fairfax Financial Holdings Ltd. has submitted a "stalking horse" bid worth C$300 million, or $237 million, for the Canadian unit of Toys "R" Us, according to court documents. A stalking horse bid is an initial bid on the assets of a bankrupt company. The bankrupt company will choose an entity from a pool of bidders who will make the first bid on its assets. The car rental market in the U.S. is consolidating as large car rental companies are buying smaller, local companies to expand their portfolio of premium and value brands. The key players in the U.S. market include Enterprise Holdings, Hertz Global Holding and Avis Budget Group. Let's take a look at some of the best and worst car rental companies in the U.S.
Follow RTT