Dr Pepper Snapple Group

(Public)

Food

10,000 - 25,000 employees |

Approx. 189 active jobs Veteran Hiring Initiatives

| Company Website

Overview

Dr Pepper Snapple Group Inc. (NYSE: DPS) is an integrated refreshment beverage business marketing more than 50 beverage brands to consumers throughout North America. In addition to our flagship Dr Pepper and Snapple brands, our company’s portfolio includes 7UP, Mott’s, A&W, Sunkist Soda, Hawaiian Punch, Canada Dry, Schweppes, Squirt, RC Cola, Diet Rite, Peñafiel, Rose’s, Yoo-hoo, Clamato, Mr & Mrs T and other well-known consumer favorites. Dr Pepper Snapple Group employs approximately 20,000 people and operates 24 bottling and manufacturing facilities and more than 200 distribution centers across the United States, Canada, Mexico and the Caribbean.

With our newfound independence, we can have a singular focus on our business, which will speed our decision making and allow us to align ourselves behind our priorities. We can work to deliver our performance plan without distraction. We’ll have access to a whole new stream of financing to allow us to think more broadly about the future and the strategy of our organization. Bottom line: as a public company, we can position DPS for longer-term growth and success.

Milestones

1969 The two companies - Cadbury Group Ltd and Schweppes Ltd - merge. Cadbury Schweppes plc is listed on the London Stock Exchange.

1982 Cadbury Schweppes acquires the Duffy-Mott Company, later known as Mott's, one of the largest apple-juice processors in the world.

1983 Schweppes celebrates its bicentenary.

1986 Acquisition of Canada Dry and the rights to the Sunkist* Group strengthens our position in soft drinks. We sell the Typhoo Tea, Kenco Coffee and Jeyes brands, essentially exiting the general foods and hygiene sector.

1987 Joint venture Coca-Cola & Schweppes Beverages is created in Great Britain. Red Tulip confectionery brand is acquired in Australia.

1988 Manufacture of Cadbury confectionery brands is licensed in the US to Hershey. Chocolat Poulain is acquired in France.

1989 Cadbury Schweppes is listed on the Melbourne Stock Exchange in Australia. The acquisition of Crush International soft drinks increases our world-wide sales of carbonated soft drinks by 30%. We acquire Bassett and Trebor in the UK and merge them together in 1990, our first major development in sugar confectionery. Spanish confectionery brand Chocolates Hueso and soft drinks brand Trinaranjus are acquired.

1990 The Oasis soft drinks brand is acquired in France.

1992 In Mexico, mineral water Aguas Minerales is acquired and in Germany, chocolate confectionery firm Piasten joins the group.

1993 Cadbury Schweppes achieves a market capitalisation of £4.3 billion compared to £524 million only 10 years earlier. A&W Root Beer and soft drinks is acquired in the US and an 80% share in confectionery firm Stani in Argentina (later increased to 100%).

1994 The twenty fifth anniversary of the merger of Cadbury and Schweppes. Pre-tax profits are £415 million, compared to £20 million in 1969. Our European confectionery position is strengthened with the acquisition of Bouquet d'Or in France and Dulciora in Spain.

1995 The acquisition of Dr Pepper/Seven-Up. The biggest move for the Cadbury Schweppes since its merger, it transforms our beverage business and alters the balance of our profits in favour of North America. (We are number three in global soft drinks with sales in 162 countries.) Cadbury Schweppes becomes the world's fourth largest supplier of chocolate and sugar confectionery, with manufacturing plants in 25 countries and sales in a further 165. Allan Candy sugar confectionery in Canada is acquired and merged with the existing Trebor operations. We announce plans to build a chocolate confectionery factory in Russia.

1996 Acquisition of Neilson Cadbury in Canada brings us leadership in the world's eleventh largest confectionery market. Craven Keiller is acquired in the UK, strengthening Trebor Bassett's position.

1997 The Group launches Managing for Value and defines new clear financial objectives for the company. We sell our 51% interest in Coca-Cola & Schweppes Beverages to focus on our core franchise beverage brands and confectionery operations. We acquire Jaret, a US confectionery distributor. The acquisition of Bim Bim, Egypt's largest confectionery company gives us market leadership in Egypt, the Middle East and North Africa. La Pie Qui Chante is acquired to give us third position in the overall French confectionery market and joint leadership of French sugar confectionery.

1998 Through a partnership with the Carlyle Company, we acquire two leading independent bottlers in the US to form The American Bottling Company. ABC subsequently acquire Cotton Club Bottling. We also acquire Poland's leading chocolate company, Wedel.

1999 We sell beverage brands in 160 markets for $1bn, enabling us to focus on North America, Europe and Australia. We purchase Hawaiian Punch, America's leading fruit punch brand. Cadbury Schweppes then acquires the Dr Pepper Bottling Company of Texas together with the Carlyle Group. Combined with The American Bottling Company, this makes us the largest independent soft drinks bottler in the US.

2000 We acquire Snapple Beverage Group. Cadbury Schweppes' chewing gum portfolio is strengthened with our acquisition of Hollywood, Kraft Foods' chewing gum and confectionery business in France, and Wuxi Leaf Confectionery in China. Spring Valley Juice and Wave flavoured milk brands are acquired in Australia, and Mauna La'I tropical juice drink in the US. In September, Cadbury Schweppes delists from the Melbourne Stock Exchange due to the cessation of the broker to broker settlement system. Sir Dominic Cadbury steps down as the Chairman of Cadbury Schweppes' Board of Directors.

2001 We acquire Pernod Ricard's soft drinks brands and businesses in Continental Europe, North America and Australia including Orangina, Pampryl, Champomy and Yoo-Hoo. We also acquire the Slush Puppie Corporation, a frozen, non-carbonated beverages firm, and Carteret, a contract packer mainly of Snapple. The acquisition of the unique Mantecol brand adds to our share of the Argentinian confectionery market. We purchase La Casera, Spain's third largest soft drinks manufacturer, and dispose of our Royal Crown (RC) Cola's international business and private label concentrate supply agreement.

2002 The group acquire 43% of Cadbury India, taking its holding to 94%. The purchase of Squirt, gives us third position in Mexico's carbonated market. In addition, the acquisition of a 51% interest, since increased to 65%, in Kent, Turkey's leading sugar confectionery manufacturer, provides a strong platform in a key emerging market. Our subsidiary, Snapple Beverages purchases Nantucket Nectars, a leading producer of premium high juice content drinks. The acquisition of Dandy, with its STIMOROL, V6 and Dirol brands, makes Cadbury Schweppes number two in European chewing gum. In Germany, Europe's largest soft drinks market, we buy Brau und Brunnen's 72% interest in our Apollinaris & Schweppes joint venture. At the end of the year we announce the proposed acquisition of Adams Confectionery from Pfizer Inc.

2003 In March we acquired Adams Confectionery for $4.2 billion (£2.7 billion). Adams key brands include Halls, Trident, Dentyne and the Bubbas bubblegum range. As a result, Cadbury Schweppes is a leading world-wide confectionery company. We are number one in sugar and functional confectionery, and a strong number two in gum as well as the world's third largest soft drinks company.

2006 We sell our Europe Beverages business, to focus our resources on our other businesses which have greater potential for growth and returns.

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