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Coca-Cola Amatil stays silent on bottling acquisition rumours

05-Aug-2009
Last updated the 06-Aug-2009 at 12:28 GMT

Coca-Cola Amatil is remaining tight-lipped over reports that it plans to re-acquire plastic bottling facilities - but declined to rule out the possibility.

The response follows reports in the Australian media that the drinks firm was mulling the acquisition of bottle-making facilities seven years after off-loading its bottling operations.

Company spokeswoman Sally Loane told FoodProductionDaily.com: “It is too early for CCA to make any comment at this time.”

CCA sold its bottle-making facilities in 2002 to Visy for Au$157m in a bid to focus on beverage production, sales and distribution. Reports said that improvements in manufacturing technology had prompted the company to re-examine the possibility. Analysts have suggested the speculation could be seen as a tactic by CCA to pressurise their suppliers over material costs.

PepsiCo announced Tuesday agreement on a $7.8bn deal to takeover two of its own bottling outfits, PepsiAmericas and Pepsi Bottling group. The move will streamline the company's operations and bring it annual savings of $300m by 2012, said Pepsi.

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