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27 Apr 2024 12:00
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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

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     Today's News

    Golf:
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    The Chiefs are resigned to being without fullback Shaun Stevenson for at least a couple of weeks after he suffered a hamstring injury in the win over the Waratahs in Sydney 11:37

    Health & Safety:
    King Charles to resume public-facing duties, but cancer treatment to continue 11:27

    Soccer:
    Leicester City have secured automatic promotion back into the English Premier League 11:17

    Motoring:
    Audi F1 have their first driver as Nico Hülkenberg joins Sauber 11:17

    Golf:
    Danny Lee's one shot off the lead in a share of second after the opening round at the LIV golf event in Adelaide 11:07

    Rugby:
    Former England rugby captain Owen Farrell will play for a World XV team coached by former All Blacks coach Ian Foster in June 10:27

    Soccer:
    Dutchman Arne Slot is set to become Liverpool's next manager 10:07

    Technology:
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    Rugby League:
    The Punjab Kings have chased down a world record target in their Indian Premier League encounter against the Kolkata Knight Riders 9:27


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