Jump to content

Cadbury: Difference between revisions

From Wikipedia, the free encyclopedia
Content deleted Content added
LuigiManiac (talk | contribs)
m Schweppes: Changed link from soda to soda water
No edit summary
Line 43: Line 43:


===Demerger===
===Demerger===
In March 2007, it was revealed that Cadbury Schweppes is planning to split its business into two separate businesses: one focusing on its main chocolate and confectionery market; the other on its US drinks business.<ref>[http://news.bbc.co.uk/1/hi/business/6451749.stm "Cadbury plans to split business"] - [[BBC News]], [[March 14]], [[2007]].</ref> It is speculated that the split could dramatically increase Cadbury's value, from its current market value of about £12600 million (about 24400 million USD), to up to an estimated £16000 million combined value (about 31000 million USD). Shareholders will own one share in each business for every share they currently own, thus potentially increasing the overall share value.
In March 2007, it was revealed that Cadbury Schweppes is planning to split its business into two separate businesses: one focusing on its main chocolate and confectionery market; the other on its US drinks business.<ref>[http://news.bbc.co.uk/1/hi/business/6451749.stm "Cadbury plans to split business"] - [[BBC News]], [[March 14]], [[2007]].</ref> It is speculated that the split could dramatically increase Cadbury's value, from its current market value of about £12600 million (about 24400 million USD), to up to an estimated £16000 million combined value (about 31000 million USD).

==Products==
==Products==
{{main|Cadbury Schweppes products}}
{{main|Cadbury Schweppes products}}

Revision as of 10:47, 3 April 2007

Cadbury Schweppes plc
Company typePublic
(LSECBRY, NYSECSG)
IndustryBeverages (Non-Alcoholic) and Confectionery
Founded1905
HeadquartersBerkeley Square, London
Key people
Sir John Sunderland, Chairman
Todd Stitzer, CEO, Director
ProductsSee below
RevenueIncrease £7,427 million (2006)
Increase £909 million (2006)
Increase £1,165 million (2006)
Number of employees
59,000
Websitewww.cadburyschweppes.com

Cadbury Schweppes plc is a confectionery and beverage company with its headquarters in Berkeley Square, London, United Kingdom. However, it does not manufacture Schweppes beverages for Brazil, Hong Kong, Ireland, New Zealand, Romania or the United Kingdom, having sold its trademarks there to The Coca-Cola Company, nor is it manufactured in Poland, having sold its trademarks there to PepsiCo. Cadbury Schweppes is currently the only major international confectionery manufacturer to produce Fairtrade or organic products, which it sells through its subsidiary company Green & Black's.

Overview

Schweppes

Johann Jacob Schweppe (born 1740 in Witzenhausen, Hessen, Germany; died 1821 in Geneva), watchmaker and silversmith of German descent, developed a method to charge water with carbon dioxide gas. Schweppe patented this method in 1783, some time after Joseph Priestley first discovered a method of impregnating water with carbon dioxide. Carbonated water was originally produced for medical usage. In 1788 he settled in Switzerland. In 1790 he founded a factory to produce soda water in London's Drury Lane.

Cadbury's

Independently, in 1824, John Cadbury began vending tea, coffee, and (later) chocolate at Bull Street in Birmingham in the UK and sometime in India and Pakistan. The company was then known as Cadbury Brothers Limited.

After John Cadbury's retirement, his sons, Richard and George, opened a major factory in the purpose-built suburb of Bournville, four miles south of the city.

After World War I, Cadbury Brothers Limited undertook a financial merger with J.S. Fry & Sons Limited.

Merger

The two companies merged to form Cadbury Schweppes in 1969. Cadbury also operates factories in Dublin (Ireland), Dunedin (New Zealand), Port Elizabeth (South Africa), Ringwood (Melbourne, Australia) and Claremont (Tasmania, Australia).

Domestic and International Subsidiaries

In May 2006 Cadbury Schweppes announced that it would be outsourcing its transactional accounting and order capture functions to Shared Business Services (SBS) centers run by a company called Genpact (a businesses services provider) in India, China and Romania. This was to affect all business units and be phased with US and UK functions being transferred to India by end of 2006 and all unit transferred by mid 2008. Depending on the success of this move other accounting functions and Human Resouces shared centers may follow. This move is likely to lead to several hundred job losses worldwide.

Demerger

In March 2007, it was revealed that Cadbury Schweppes is planning to split its business into two separate businesses: one focusing on its main chocolate and confectionery market; the other on its US drinks business.[1] It is speculated that the split could dramatically increase Cadbury's value, from its current market value of about £12600 million (about 24400 million USD), to up to an estimated £16000 million combined value (about 31000 million USD).

Products

Cadbury Schweppes produce beverages, chocolates and sweets/candies such as the popular "Dairy Milk".

References

See also