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Cadbury Schweppes completes acquisition of assets of Neilson Cadbury.


LONDON--(BUSINESS WIRE)--Jan. 8, 1996--Cadbury Schweppes plc (NASDAQ NASDAQ
 in full National Association of Securities Dealers Automated Quotations

U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on
: CADBY) today announced that on January 5, 1996, the transaction to acquire Neilson Cadbury, Canada's leading chocolate bar confectionery manufacturer has been completed. Cadbury Schweppes Cadbury Schweppes plc is a confectionery and beverage company with its headquarters in Berkeley Square, London, England, UK. Cadbury Schweppes is currently the only major international confectionery manufacturer to produce Fairtrade or organic products, which it sells through its  announced on December 18, 1995, that, subject to regulatory approval, it had agreed to acquire the assets of Neilson Cadbury for a cash consideration of C$225 million (108 million pounds sterling).

Cadbury Schweppes plc is a major global company in beverages and confectionery whose brands and products are consumed in over 190 countries around the world. Cadbury Schweppes ADRs are traded on NASDAQ. One ADR ADR - Astra Digital Radio  equals four ordinary shares.

CONTACT: Cadbury Schweppes plc, London

011-44-171-409-1313

Chris Milburn - Director, Corporate Communications

Dora McCabe, Group Public Relations public relations, activities and policies used to create public interest in a person, idea, product, institution, or business establishment. By its nature, public relations is devoted to serving particular interests by presenting them to the public in the most  Manager

or

Gavin Anderson & Company, New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 

212-373-0200

David Jackson or Cindy Lyman
COPYRIGHT 1996 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1996, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jan 8, 1996
Words:133
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