The History of Cadbury Schweppes
In 1783, in Geneva, Switzerland, Jacob Schweppes independently developed a process of adding carbonation into mineral water and Schweppes was born.
A number of years later, in the United Kingdom in 1824, John Cadbury began selling tea and coffee.
These sales were bolstered by his increasing sales of coca and chocolate.
Cadbury Schweppes was formed in 1969 via merger of Schweppes (predominantly beverages) and Cadbury (predominantly confectionary/chocolate).
Hence, the merger in 1969 was of giants on the carbonated soft drink (CSD) and confectionary (Cadbury) market reflecting their primary lines of business.
Today, Cadbury Schweppes has the largest share of the global confectionary market and a strong regional presence with carbonated soft drinks in North America.
Their carbonated soft drinks portfolio was enhanced greatly through numerous acquisitions, over the years including A&W in 1993 and Dr Pepper/7 Up in 1995.
Outside of the carbonated soft drinks market Cadbury Schweppes acquired Snapple beverages in 2000. In 2005, Cadbury Schweppes has over $11 billion revenue and a stock market valuation over $21 billion.
In 2004, Cadbury Schweppes had a combined 14.4 percent share of the carbonated soft drinks market in the United States.
The History of Cadbury Schweppes
WHAT IS SO REMARKABLE ABOUT SOFTDRINKS? THERE IS NO NEED TO CONSUME SOFTDRINKS BUT MORE AND MORE PEOPLE DO. CARBONATED SOFTDRINKS ARE MAN MADE PRODUCT AND A MAN MADE MARKET. SOFTDRINKS WERE THE FIRST BRANDS TO BE SOLD ON A GENUINELY GLOBAL SCALE.
The Most Popular Posts
-
Most sweet drinks, including diet soft drinks, contain orthophosphoric, carbonic and citric acids; malic, tartaric and other organic acids m...
-
Charles George Guth (June 3, 1877 – May 24, 1948) was an American businessman. Guth apparently had spent most of his life prior to th...
-
Carbon dioxide acts as a preservative by preventing fermentation and inhibiting the growth of mold and bacteria. Carbon dioxide also provide...
-
It is an orange-based soft drink. It was invented by Neil C. Ward, Californian chemist. He worked and experimenting the formula for four yea...
-
Birch beer, a distinctive beverage with a rich history, traces its origins to North America. Native American tribes were the first to recogn...