$20 million investment equates to 11.7 percent ownership stake for DPS
August 12, 2015
Plano, Texas-based Dr Pepper Snapple Group Inc. (DPS) has reached an agreement to make an equity investment in BA Sports Nutrition LLC, owner of BodyArmor SuperDrink, a line of premium sports drinks. The $20 million investment gives DPS an 11.7 percent ownership position in BA Sports Nutrition.
Nick Cannon partners with Snapple, New Yorkers to ask the country to share
May 14, 2015
Born in Brooklyn, N.Y., Snapple, a brand of Dr. Pepper Snapple Group, Plano, Texas, has won a special place in the hearts of New Yorkers, and this year the brand rallied its hometown fans to share their love with the rest of the country. Now, Nick Cannon – rapper, actor, host of America’s Got Talent, and Snapple-lover – is joining the brand asking people coast-to-coast to share why they love Snapple online with the hashtag #LOVESNAPPLE, the company says.
Company adds glass package manufacturing capabilities and distribution territory
November 3, 2014
Dr Pepper Snapple Group (DPS), Plano, Texas, completed its acquisition of the business assets of Bethlehem, Pa.-based Davis Beverage Group and Davis Bottling Co. The acquisition includes a 42-county distribution territory covering most of the eastern half of Pennsylvania, excluding the Philadelphia area, as well as western and central New Jersey.
The American Beverage Association (ABA), Washington, D.C., announced the election of Rodger L. Collins, president of packaged beverages for Plano, Texas-based Dr Pepper Snapple Group, as chair of its board of directors.
Move would nearly double DPS’s company-owned distribution in Pa., add glass package manufacturing capabilities
September 5, 2014
Dr Pepper Snapple Group (DPS), Plano, Texas, signed a non-binding letter of intent to acquire the business assets of Davis Beverage Group and Davis Bottling Co. If completed, the acquisition would include most of Davis’ direct-store-delivery territory in Pennsylvania and a portion of its New Jersey territory as well as its production and distribution facilities, delivery vehicles, vending equipment and other assets.
The current economic climate coupled with governmental and consumer concerns about health and wellness created a tough environment for the carbonated soft drinks (CSDs) market this year, according to analysts.
The August 2015 issue of Beverage Industry includes a cover story about Goose Island beer, as well as articles about digital marketing, energy drinks, and CORE Hydration bottled water. Check it out today!