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5 Dec 2020 19:19
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  •   Home > News > Business

    The Covid 19 pandemic is proving to be the final "straw" for consolidation in the soft drink sector

    The Covid 19 pandemic is proving to be the final "straw" for consolidation in the soft drink sector


    Coca-Cola Europe is trying to take over Amatil -- the company licensed to produce Coca-Cola products in New Zealand and Australia.

    It's part of a broader expansion plan, that will see its consumer base double.

    Greg Smith from Fat Prophets says reduced sales in bars and restaurants have made market conditions more difficult.

    He says Amatil was already fending off the impact of reduced demand for sugary drinks.

    © 2020 Newstalk ZB, NZCity


     Other Business News
     05 Dec: Fonterra farmers are grateful for an extra 20 thousand dollars coming their way when milk markets are so precarious
     04 Dec: New Zealand's biggest homeware store Nido has collapsed into receivership
     04 Dec: Fonterra farmers will share an extra 300 million dollars from a lifted milk price...thanks to strong demand from China
     04 Dec: Buying local could spread Christmas cheer a little further in the capital this year
     04 Dec: Fonterra is waiting on regulators to clear the sale of its Chinese farms
     04 Dec: A Christchurch shopper is urging people to check their bank statements after being overcharged five-fold
     04 Dec: A recovering China is lifting hopes that Fonterra will continue to piggy-back on growing milk demand
     Top Stories

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    The kaumatua of the Maori All Blacks squad is making his presence felt ahead of tonight's match with Moana Pasifika More...


    BUSINESS BUSINESS
    Fonterra farmers are grateful for an extra 20 thousand dollars coming their way when milk markets are so precarious More...



     Today's News

    International:
    Garment workers for Adidas, Nike and H&M among those going hungry due to coronavirus pandemic, survey finds 19:07

    Auckland:
    A large fire's broken out in an Auckland church 18:57

    Accident and Emergency:
    The Clinton Highway, near Waiwera South, east of Gore has been closed after a serious two-car crash 18:37

    Golf:
    Auckland have claimed a fifth straight women's inter-provincial golf championship after humbling Canterbury five-nil in the championship final 18:07

    Accident and Emergency:
    One person's dead following a serious crash earlier today on State Highway 2, at Otoko, near Gisborne 17:27

    Rugby:
    The kaumatua of the Maori All Blacks squad is making his presence felt ahead of tonight's match with Moana Pasifika 16:57

    Living & Travel:
    Animal rights organisation SAFE has launched a petition demanding an end to the worst aspects of rodeo 16:17

    Soccer:
    New Zealand Football technical director Andrew Boyens admits bias towards the Wellington Phoenix over other kiwi clubs 15:27

    International:
    UK and European Union call in leaders in bid to save Brexit trade talks 15:07

    Rugby:
    While much of the week's been about a celebration of culture, plenty of on-field fireworks are expected when the Maori All Blacks and Moana Pasifika meet in Hamilton tonight 14:57


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