Web Site
http://www.drpeppersnapple.com/
Last Updated
9/24/2008

Categories

Beverage Companies: USA , Beverage Companies: USA

Brands

Venom Energy Drink
Dr Pepper

Capabilities

None Specified

Description

Dr Pepper Snapple Group, Inc. (NYSE: DPS) is an integrated refreshment beverage business marketing more than 50 beverage brands to consumers throughout North America. In addition to its flagship Dr Pepper and Snapple brands, the company's portfolio includes 7UP, Mott's, A&W, Sunkist Soda, Hawaiian Punch, Canada Dry, Schweppes, Squirt, RC Cola, Diet Rite, Peñafiel, Rose's, Yoo-hoo, Clamato, Mr & Mrs T and other well-known consumer favorites. Based in Plano, Texas, Dr Pepper Snapple Group employs approximately 20,000 people and operates 24 bottling and manufacturing facilities and more than 200 distribution centers across the United States, Canada, Mexico and the Caribbean. For more information on DPS, please visit www.drpeppersnapple.com.

Company News

People Moves: Suja CMO Heather MacNeil Cox Departs

CMO Heather MacNeil Cox leaves Suja after three years with company; Harmless Harvest VP of Marketing makes jump to outdoor apparel industry; Target adds new grocery-focused executives; DPS shuffles executives following departure of Bai CEO

Bai Acquisition Still Settling for DPSG

DPSG spent $40 million in expenses for Bai during the spring, the company reported, half of which went toward marketing. An additional $49 million spent toward repaying debt contributed to the company’s 28 percent earnings drop.

Press Clips: Bai Creative Moves In-House, Fake RC Cola Tweet Goes Viral

Bai CMO Michael Simon discusses the company's decision to move creative in-house; Twitter bans a fake RC Cola parody account after its political tweet goes viral; Nutrition Policy Institute members call for energy drink caffeine caps; Nostalgia helps drive a Clearly Canadian revival; USA Today reports on the rise of craft soda

Reuters: PepsiCo in Talks to Acquire Vita Coco

Reuters has reported that PepsiCo is in talks to acquire All Market Inc, the maker of leading coconut water brand Vita Coco. PepsiCo is offering less than the $1 billion that All Market has sought for the acquisition, according to Reuters, which cited sources familiar with the potential deal.

Wells Fargo: Bai Outlook Optimistic Despite Lowered Expectations

Investors have sought more details about DPSG's revised growth plan for Bai and on whether its management team can deliver on high expectations. On Tuesday, a report from Wells Fargo Securities offered a clearer analysis of the acquisition, the guidance revision, and the future of Bai, presenting optimism along with some explanations

Soda Tax Update: Santa Fe Rejects, Seattle Considers

Voters in Sante Fe gave the soda industry its first victory over pro-tax campaigners, while efforts to push through measures in Connecticut and Massachusetts stall.

Dr Pepper Snapple Group: Bai Marks ‘An Important Shift’ for Portfolio

Bai, which DPSG acquired for $1.7 billion in November, saw 80 percent volume growth over the quarter. While the company is optimistic for Bai’s flagship brand to grow, current predictions point to Bai Bubbles, Supertea, and Black having the greatest potential, particularly as the sparkling water category sees double-digit growth, according to DPSG CEO Larry Young.

Dr Pepper Snapple Group to Acquire Bai for $1.7 Billion

In an investor call held this morning, DPS president and CEO Larry Young said that the company is “excited to see this team continue the breakthrough and disruptive innovation providing consumers with great-tasting and low-calorie beverages” and hailed the acquisition of Bai as one that “makes a tremendous amount of sense for us.”

DPSG Sees Rising Profits in Q3 Earnings Report; Is Bai Deal Near?

Dr Pepper Snapple Group (DPSG) reported Q3 revenues of $1.68 billion in its quarterly financial results summary released Thursday morning, topping analysts’ projections with a 3.1 percent increase from the same period last year.

High Brew Coffee Expands DPSG Distribution Partnership

This expanded distribution allows High Brew Coffee the opportunity to have increased store velocities across the country, making this refreshing cold brew available to more consumers coast to coast.

High Brew Raises $4 Million from CAVU Venture Partners, Joins Dr Pepper Snapple’s Allied Brands Stable

Speaking from his company’s Austin headquarters, CEO David Smith discussed the raise further in a call with BevNET, saying the new funding will go towards further expansion of the company’s sales and marketing efforts and getting more “feet on the street,” which will see the buildout of a High Brew field marketing team across the country.

Dr Pepper Snapple Acquires Additional Stake in BodyArmor

Dr Pepper Snapple Group (DPSG) has increased its ownership position in BodyArmor, having invested an additional $6 million in the premium sports drink brand. The deal, finalized in March, comes approximately seven months after DPSG acquired an 11.7 percent stake in BodyArmor for $20 million. DPSG now owns 15.5 percent of the brand.

Schweppes Introduces New Dark Ginger Ale

Schweppes Dark Ginger Ale is now available in 2-liter bottles at most major retailers in the Northeast United States, including New England (Maine, Massachusetts, New Hampshire, Vermont, Connecticut and Rhode Island) as well as in New Jersey, New York and select regions in Pennsylvania.
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