Market Updates

Cadbury Schweppes Purchases Adams Division Of Pfizer

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By: Sean Moloughney

Editor, Nutraceuticals World

Cadbury Schweppes, London, U.K., has agreed to buy the Adams division of Pfizer, New York, NY, for $4.2 billion. The acquisition comprises the principal brands, including Halls, Trident, Dentyne/Dentyne ice and the Bubbas, together with other functional confectionary products, manufacturing facilities and international sales, distribution and support networks. The deal makes Cadbury Schweppes the world’s leading confectionary company.

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