Supplier News Breaks Archives
Cott Corp., the largest manufacturer of private label soft drinks, has agreed to acquire privately held Cliffstar Corp., the leading store brand maker of shelf-stable juices, for $500 million in cash payable at closing plus a $14 million deferred payout to be made over three years.
Lake Consumer Products Inc., a subsidiary of Wisconsin Pharmacal Co., has purchased substantially all of the assets of Consumer Choice Systems Inc., based in Napa, Calif.
American Greetings Corp. has introduced two new and distinctive card collections. Tasties is a line of birthday cards that contains a dissolvable flavor strip sealed inside the card.
Procter & Gamble Co. (P&G) has completed its acquisition of the Ambi Pur brand from Sara Lee Corp. for 320 million euros ($403.8 million).
Coca-Cola Co. is promoting its Sprite brand by launching a special bowling challenge in which four grand prize winners will be given the chance to compete this fall against NBA All-Star LeBron James, who is also an avid bowler.