Cadbury Strengthens Distribution Line With Buy

  • July 12, 2007
Cadbury Schweppes Americas Beverages (CSAB)has acquired Southeast-Atlantic Beverage Corp. (SEABEV), a leading independent bottling and distribution company based in Jacksonville, Fla.

SEABEV distributes much of CSAB's soft drink and premium beverage portfolio, as well as several licensed brands, throughout most of Florida and Northern Georgia.

Founded in 1939, it is the second-largest independent bottling company in the United States, with 2006 revenues of $172 million and nearly 900 employees. The company operates two manufacturing facilities and 16 warehouses and distribution centers from Miami to Atlanta.

Terms of the agreement were not disclosed.

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