Cadburys subsidiary buys packaging business

- Last updated on GMT

Related tags: Cadbury schweppes plc, Dr pepper snapple group

Mott's Inc., a subsidiary of Cadbury Schweppes Plc, announced on
Thursday that it had agreedto acquire New Jersey-based Carteret
Packaging, Inc. for...

Mott's Inc., a subsidiary of Cadbury Schweppes Plc, announced on Thursday that it had agreedto acquire New Jersey-based Carteret Packaging, Inc. for $14.8 million. The transaction is expected to be completed by the end of January and does notrequire regulatory approval. Carteret Packaging, Inc., located in Carteret, New Jersey, is a co-packing facility, bottling beverage products primarily for Cadbury Schweppes subsidiarySnapple Beverage Group.

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