Vimto owner Nichols has reported its revenue was up by 7.3% in a trading update released on Tuesday (January 10), for the year ending December 31 2016.
Britvic believes £2.4bn could be added to the UK soft drinks market by 2020 through a new category vision, unveiled alongside record sales of £10.3bn for the market last year.
The food industry’s biggest ever takeover was announced over the past month with the sale of Heinz to a consortium led by the sage of Omaha, Warren Buffett, and Brazilian private equity specialist Jorge Lemann’s 3G Capital group for an eye-watering $28bn...
Rising costs in the UK soft drinks market has hit sales at Vimto manufacturer Nichols despite the firm posting a strong performance for the period ending December 31.
Soft drink firm Nichols is still on the acquisitions trail after revealing what one analyst hailed as "bloody good" interim results for the half year to June 30.
