1998

11 December 1998
Cadbury Schweppes and the Coca-Cola Company Agree 1.85bn (£1.12bn) Non-US Beverages Brands Deal

Cadbury Schweppes plc has reached agreement to sell its soft drinks brands outside the USA to The Coca-Cola Company, for a consideration of 1.85bn (£1.12bn).

04 November 1998
The American Bottling Company Acquires Cotton Club Bottling

The American Bottling Company, jointly owned by Cadbury Schweppes plc and The Carlyle Group of Washington, DC, today announced that it had entered into an agreement to purchase all of the outstanding stock of Cotton Club Bottling Co., whose headquarters are in Cleveland, Ohio.

27 October 1998
DPSU Announces Soft Drink Volumes, +3% in Third Quarter

Cadbury Schweppes plc today reports on its US soft drinks performance in the third quarter of 1998.

16 October 1998
New Investor Relations Director at Cadbury Schweppes

Cadbury Schweppes plc announces the appointment of Sally Jones as Director of Investor Relations, effective from 2 November 1998.

07 September 1998
Cadbury Schweppes To Acquire Poland's Leading Chocolate Company

Cadbury Schweppes plc announced today that it has reached agreement to acquire Wedel, Poland's leading chocolate confectionery brand, together with the related business assets, from PepsiCo for a consideration in cash of 76.5m.

26 August 1998
Cadbury Schweppes and Brau und Brunnen Extend Soft Drinks Joint Venture in Germany and Austria

Cadbury Schweppes plc and Brau und Brunnen today announced the extension of their soft drinks joint venture, Apollinaris & Schweppes, in Germany and Austria.

07 May 1998
Satisfactory Progress in 1998

Cadbury Schweppes' Chairman, Sir Dominic Cadbury, told shareholders at today's Annual General Meeting that -

01 May 1998
Cadbury Schweppes and the Carlyle Group Complete Acquisition of Beverage America and Select Beverages

Cadbury Schweppes plc confirmed today that, in conjunction with its joint venture partner, The Carlyle Group of Washington DC, it has concluded the acquisition of the two leading independent bottling groups in the US MidWest, Beverage America and Select Beverages, for a total cash consideration of 724m (£433m*) for the debt free businesses subject to closing adjustments.

09 March 1998
Appointment of David A R Thompson to the Board

Cadbury Schweppes is pleased to announce the appointment, effective of today, of David A R Thompson to the Board of Cadbury Schweppes plc as a non-executive director.

23 February 1998
Cadbury Schweppes Establishes Joint Venture to Invest in US Bottling

Cadbury Schweppes plc has entered into an agreement with The Carlyle Group of Washington DC to establish a joint venture to invest in soft drinks bottling in the US.