suntory-wins-danones-frucor-business

Suntory wins Danone's Frucor business

Japanese liquor major Suntory adds the Australasian firm Frucor, the owner of V energy drink, to its portfolio at a price tag of $762 million.
JapanÆs Suntory will buy DanoneÆs New Zealand and Australia subsidiary Frucor for Ç600 million $762 million.

Frucor had sales of Ç210 million in the most recent fiscal year, making it a leading player in the energy drinks market in Australasia and the second-largest non-alcoholic drinks company in New Zealand. It employs around 600 people across New Zealand and Australia. FrucorÆs product portfolio includes fruit juices, fruit drinks, energy drinks, waters and soft drinks. Its key brands include energy drink V, Mizone Rapid sports drink, h2go water and G-Force fruit drinks.

Frucor is headquartered in Auckland and its Australia head office is in Sydney. It is 100% owned by Groupe Danone, following an unsolicited takeover...
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