Suntory’s Acquisition of Lucozade and Ribena from GlaxoSmithKline
In September 2013, Suntory Beverage and Food announced it will acquire two brands, Lucozade and Ribena, from GlaxoSmithKline. The acquisition will largely contribute to the expansion of Suntory in developing markets such as Nigeria and Malaysia. Following the finalisation of the deal, Suntory will become the third largest soft drinks company in the world.
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