Beverage Industry

Suntory Holdings acquires Orangina Schweppes Group

November 17, 2009

Suntory Holdings, Osaka, Japan, acquired ownership of Orangina Schweppes Group, Paris, from Lion Capital LLP and The Blackstone Group on November 12. The acquisition of Orangina Schweppes Group provides Suntory with a solid soft drink platform in Europe, and is a further step in Suntory's global expansion strategy, the company says. In Europe, Orangina Schweppes Group markets, bottles and distributes a number of carbonated soft drinks, stills and other soft drinks that include Orangina, Schweppes, Oasis and Trina.