Related Searches: Tea Vitamin Nutrients Ingredients paper cup packing

Food & Health Ingredients
Health & Nutrition
Processing & Packaging
Starch & Starch Derivatives
You are here: Home >news >Coca-Cola Amatil considers selling SPC fruit and veg business

Coca-Cola Amatil considers selling SPC fruit and veg business

2018-08-23 foodmate

Tag: Coca-Cola SPC fruit

Share       

 Coca-Cola Amatil, one of the largest bottlers of non-alcoholic ready-to-drink beverages in the Asia-Pacific region, is considering selling its SPC fruit and vegetable canning business, saying a change of ownership is among the options to grow the underperforming operation.

CCA group managing director Alison Watkins announced a review of SPC at the companys half-year profit results on Wednesday, saying a sale, partnership or merger are among options to be considered.

"We believe there are many opportunities for growth in SPC, including new products and markets, further efficiency improvements, and technology and intellectual property," Ms Watkins said in a statement. "importantly, there are no plans to close SPC. We see a positive future for SPC as it continues to transform its operations."

CCA posted a 12.8 per cent increase in half-year profit, aided by double-digit earnings growth in alcohol and coffee sales and strong performances in New Zealand and Fiji.

According to finance.nine.com.au, the beverages maker and bottler said it made $158.1 million in statutory net profit, up from $140.1 million a year ago, while trading revenue was little changed from a year earlier, at $2.39 billion.

 -------------------------------------------------------------------------------------------------------------------------------

Editors Note:

To apply for becoming a contributor of EN-SJGLE.com,

welcome to send your CV and sample works to us,

Email: Julia.Zhang@ubmsinoexpo.com.

E-newsletter

Subscribe to our e-newsletter for the latest food ingredients news and trends.

Tags

SJGLE B2B Website : 中文版 | ChineseCustomer Service: 86-400 610 1188-3 ( Mon-Fri 9: 00-18: 00 BJT)

About Us|Contact Us|Privacy Policy|Intellectual Property Statement

Copyright 2006-2023 Shanghai Sinoexpo Informa Markets International Exhibition Co Ltd (All Rights Reserved). ICP 05034851-121  沪公网安备31010402001403号

Inquiry Basket

Inquiry Basket

Buyer service

Buyer service

Supplier service

Supplier service

Top

Top