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COCA-COLA AMATIL TO BEEF UP WATER BUSINESS IN AUSTRALIA.
SYDNEY, Aug 1 Asia Pulse - Australia's biggest soft drinks maker Coca-Cola Amatil (CCA) will beef up its bottled water business with the $A7.4 million ($US5.65 million) acquisition of rival water distributor Palm Springs Ltd.
CCA said today it would buy the number two Australian home and office bulk water supplier behind its own Neverfail Springwater brand, following an invitation from the company.
"Palm Springs approached us to purchase its bottled water business and we saw it as an opportunity to leverage the value from our existing home and office water delivery business," CCA managing director Australian operations Warwick White said.
Mr White said the acquisition would allow the bottling giant, which also owns consumer brands such as Mount Franklin and Pump and has faced rising raw ...
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...July 31 Asia Pulse - Coca-Cola Amatil Ltd (ASX:CCL) says it...of water delivery company Palm Springs Ltd for $A7.4 million...transaction follows a request from Palm Springs (ASX:PSG) to purchase...completion of the acquisition. "Palm Springs approached us to purchase...
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...percent share in Australia's Coca-Cola Amatil Ltd. The Manila-based food and beverage...821 million from the sale. If Coca-Cola Amatil approves, and market conditions are...Asian and Pacific countries. Coca-Cola Amatil's other major shareholder is Coca...
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- News wire article from: AsiaPulse News October 2, 2007 700+ words
...said it is looking into Coca-Cola Amatil's (CCA) (ASX:CCL) proposed...the period. In August Coca-Cola Amatil recorded a 23.3 per cent lift...half net profit. At 1345 Coca-Cola Amatil shares rose 21 cents at A$9...
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- News wire article from: AsiaPulse News January 14, 2003 700+ words
SYDNEY, Jan 14 Asia Pulse - Coca-Cola Amatil (ASX:CCL) has announced it will set up a national call...Carr said no government concessions were granted to Coca-Cola Amatil, as far as he was aware, to bring the call centre to NSW...
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- News wire article from: AsiaPulse News February 28, 2003 700+ words
SYDNEY, Feb 28 Asia Pulse - Drink bottler Coca-Cola Amatil Ltd (ASX:CCL) may be required to pay an additional...demerger of its European arm, the company said. "Coca-Cola Amatil has been advised by the Australian Taxation Office that...
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- Newspaper article from: Private Placement Letter Bizouati, Yael June 5, 2006 700+ words
Once again, Coca Cola Amatil (CCA) garnered a lot of attention among private placement investors last week, circling its second upsized transaction in just...
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- Newspaper article from: Food & Drink Weekly June 29, 1998 700+ words
Australian soft drink bottling concern Coca-Cola Amatil Ltd. said it received the necessary approvals from an...court to undertake a planned global restructuring. Coca-Cola Amatil is now free to spin-off its European soft drink bottling...
Source: HighBeam Research, COCA-COLA AMATIL TO BEEF UP WATER BUSINESS IN AUSTRALIA.