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In 1993, Royal Crown Cola Company was purchased by Triarc Companies, Inc, [13] adding approximately $25 million a year to the marketing budget. [14]In September 2000, Royal Crown was acquired by Cadbury Schweppes (which owned Dr Pepper) through its acquisition of Triarc's beverages business (which also included Snapple).
Triarc in August 1995 purchased Mistic Brands, Inc. from Joseph Victori Wines, Inc. for $97 million, adding to its beverage holdings of Royal Crown Cola, and turned Mistic Brands around with the addition of new products.
The Bottle (1924), Alabama. Nehi (/ ˈ n iː h aɪ / NEE-hy [2]) is a flavored soft drink that originated in the United States. It was introduced in 1924 by Chero-Cola/Union Bottle Works and founded by Claud A. Hatcher, a Columbus, Georgia, grocer who began bottling ginger ale and root beer in 1905.
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That October, Cadbury Schweppes purchased Royal Crown Cola from Triarc. [10] In 2006 and 2007, Cadbury Schweppes purchased the Dr Pepper/Seven Up Bottling Group, along with several other regional bottlers. This allowed DPS to bottle many of its own beverages and combat the recent decision by many Pepsi and Coca-Cola bottlers who had dropped ...