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09/07/19

GSK to sell Lucozade and Ribena to Suntory for £1.35bn

GSK to sell Lucozade and Ribena to Suntory for £1.35bn GlaxoSmithKline (GSK) has agreed to sell its nutritional drinks brands – the iconic Lucozade and Ribena – to the Japanese consumer goods firm Suntory Beverage & Food (SBF) for £1.35bn in cash. https://www.foodmanufacture.co.uk/Business-News/GSK-to-sell-Lucozade-and-Ribena-to-Suntory-for-1.35bn
GSK to sell Lucozade and Ribena to Suntory for £1.35bn

GlaxoSmithKline (GSK) has agreed to sell its nutritional drinks brands – the iconic Lucozade and Ribena – to the Japanese consumer goods firm Suntory Beverage & Food (SBF) for £1.35bn in cash.

https://www.foodmanufacture.co.uk/Business-News/GSK-to-sell-Lucozade-and-Ribena-to-Suntory-for-1.35bn