Coke raises glass as it returns to beer market

 In Australia, NewZealand
Outgoing Coca-Cola Amatil chief executive Terry Davis expects his successor, Alison Watkins, to endorse the bottler’s return to the $11 billion beer market, even though analysts believe beer is unlikely to generate profits for years.
”The logic for us getting into the premium beer business is still the same as it was two years ago,” Mr Davis said on Tuesday as a two-year non-compete agreement with former joint venture partner SABMiller came to an end.  Sydney Morning Herald – Read more…

Recent Posts

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.