Dive Brief:
- Dr Pepper Snapple Group Inc. finished its takeover of Davis Beverage Group and Davis Bottling Co.'s business assets, including power over brand distribution for the likes of 7Up, Snapple, Sunkist, and more.
- This includes a 42-county distribution sector covering much of Pennsylvania and parts of New Jersey.
- Dr Pepper Snapple's Rodger Collins, the president of packaged beverages, said in a statement, "As we blend their proud heritage and experience with our own history of flavor leadership and excellence in execution, customers in Pennsylvania and New Jersey can look forward to receiving great brands delivered with outstanding customer service."
Dive Insight:
This continues to be a part of Dr Pepper Snapple's plans to compete in a difficult market for soft drinks. Its most recent earnings were above what analysts predicted, but still below a year ago.