Orangina Schweppes and Suntory: a promising future
In November 2009, the Japanese group, Suntory, acquires Orangina Schweppes.
Founded in 1899, Suntory is the pioneer of manufacturing whiskey in Japan, and has gained international recognition over the years. By adding beer, soft drinks, and finally health food products to its business, it has become a food-processing group with diversified activities.
Suntory has implemented a dynamic strategy of international development in Asia, especially in China, as well as in Europe since the early 80s, for example by managing the Scottish distilleries, Morisson Bowmore, and large vineyards in Bordeaux, such as the Château Lagrange.
The acquisition of Orangina Schweppes is part of this strategy of international development. This move is complementary in terms of portfolio and geography, since Orangina Schweppes represents Suntory’s platform for development in Europe, meanwhile Suntory will bring new financial power for Orangina Schweppes to invest in its brands. A number of development opportunities have been created for both Orangina Schweppes and Suntory…