Coca-Cola Amatil to stick with alcohol

 In Australia, NewZealand

Coca-Cola Amatil said alcohol remains a ‘‘core growth strategy’’ despite the recent sale of its beer joint-venture in Australia precluding the company from competing here until December 2013.

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‘‘We have spent the past four years developing expertise in the manufacturing, sales and distribution of premium alcohol brands which gives us a uniquely independent platform for the future distribution of domestic and international premium beer brands,’’ said chief executive Terry Davis.

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‘‘While in the short term we may not be able to compete in beer in Australia, we are not restricted in our other markets and we would expect to be back in the beer business in Australia in early 2014,’’ he said.  Sydney Morning Herald – Read more…
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