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  1. #1
    Join Date
    Nov 2000
    Posts
    312

    Post

    According to the business papers, KO is in a complex deal to buy Philadelphia Coca-Cola Bottling.

    Odd, for several reasons, IMHO.

    - This is KO doing the buying, not CCE or some other bottler partner. Why would KO want to own one bottler in one city in the whole country?

    - "Phily Coke" is the nation's second largest black owned business. KO always liked pointing this out in situations where it helped them.

    - The deal closes in 2009? Why would you promise today to pay for something in three years? A lot can happen in three years.

    In any event, the consolidation of bottlers in the USA continues. I would not be surprised to see deals for CCNNE (owned by a Japanese brewer), Swire's US holdings, Arbata and even CCBCC coming.

  2. #2
    Join Date
    Oct 2003
    Location
    CA
    Posts
    212

    Post

    do you have a link to this article? Did a quick search and could not find anything to back this up. thanks

  3. #3
    Join Date
    Jul 2002
    Location
    Delaware
    Posts
    4,790

    Post

    It may be a precursor to KO buying back the whole bottling business.

    Or just PR to raise their stock price.

    http://biz.yahoo.com/prnews/060901/clf012.html?.v=64

  4. #4
    Join Date
    Mar 2005
    Location
    Philly, PA
    Posts
    250

    Post

    Phillycoke.com is so odd
    It has the updated Dr Pepper label/bottle in the product section, yet cherry coke's picture is the old label from a year ago.

  5. #5
    Join Date
    Mar 1999
    Location
    Everywhere Man
    Posts
    121

    Post

    I just think this shows Philly Coke's long time commitment to Dr Pepper.

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