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5 May 2024 14:59
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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.

    © 2024 Newstalk ZB, NZCity

     Other Business News
     05 May: Local Government New Zealand wants the coalition government to seriously consider returning the GST charged on rates, back to councils
     04 May: A nightmare run for the Green Party as further accusations come out about Julie Anne Genter
     04 May: A man has been arrested after allegedly waving a knife at customers at a KFC in Nelson
     03 May: The Reserve Bank is hoping to give small towns greater access to cash as part of a new trial
     03 May: New Zealand Rugby boss Mark Robinson has deflected speculation on a big-money deal from Qatar... taking on the finals weekend for the new Nations Championship
     03 May: Frustration on both sides of the Pacific, amid the Government's trade dispute with Canada
     03 May: The Trade Minister's breaking out the lawyers to settle a trade dispute with Canada
     Top Stories

    RUGBY RUGBY
    Former NZ Rugby chairman Brent Impey believes a Nations Championship hosted in Qatar is a smart move More...

    BUSINESS BUSINESS
    Local Government New Zealand wants the coalition government to seriously consider returning the GST charged on rates, back to councils More...


     Today's News

    		 Basketball:
    A game-high 43 points from star guard Anthony Edwards has led Minnesota to an opening game win over Denver in their Western Conference semifinals series in basketball's NBA 14:57

     Netball:
    The Pulse are confident they've got enough class in the midcourt to cover the loss of Maddy Gordon in this afternoon's ANZ Premiership battle with the Mystics in Auckland 14:57

     Rugby League:
    The Knight's inexperienced last line of defence is determined not to be caught out by the Warriors during this afternoon's NRL showdown in Newcastle 14:57

     Entertainment:
    Queen Camilla has been "trying to hold back" King Charles 14:44

     Entertainment:
    Christian Slater's wife is pregnant 14:14

     Rugby:
    Former NZ Rugby chairman Brent Impey believes a Nations Championship hosted in Qatar is a smart move 13:47

     Entertainment:
    Peter and Emily Andre have finally decided a name for their newborn baby 13:44

     Accident and Emergency:
    The search is continuing for a second fisherman missing near Taiharuru, east of Whangarei 13:27

     Entertainment:
    Dua Lipa wants to put the "meaning back into pop" 13:14

     Soccer:
    Manchester City are yet again breathing down the necks of Arsenal in the hunt for a sixth English Premier League title in seven years - with just a handful of games remaining 12:57

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