Nichols PLC
10 April 2007
Date: Embargoed until 07.00hrs, Tuesday 10 April 2007
Contacts: John Nichols, Executive Chairman
Brendan Hynes, Group Finance Director
Nichols plc
Telephone: 01925 222222
Website: www.nicholsplc.co.uk
Alistair Mackinnon-Musson
Nicola Savage
Hudson Sandler
Telephone: 020 7796 4133
Email: nichols@hspr.com
Photographs available: On request from Hudson Sandler, as above
Nichols plc
Acquisition of Cariel Soft Drinks
Nichols plc, the soft drinks group, is pleased to announce the acquisition of
the cold soft drinks on draught business, Cariel Soft Drinks.
Nichols plc is a highly focused soft drinks and dispensed cold drinks business,
comprising two operations:
1) Soft Drinks (sales and marketing of the Vimto brand throughout the
world, where it is now available in over 65 countries and of the Panda & Sunkist
brands in the UK) and
2) Dispense Systems (namely the Cabana & Beacon cold soft drinks on draught
'dispense' businesses)
Based in Dunblane, Scotland and with an annual turnover of £1.7m, Cariel holds a
key position in its marketplace north of the border and, when combined with
Nichols' existing Scottish Cabana operation, will cement the Group's position as
the third largest operator in the dispense sector in the UK.
The purchase of Cariel Soft Drinks also demonstrates the Board's continued focus
on its strategy of growing both of the Group's core operations, Soft Drinks and
Dispense Systems.
Commenting, John Nichols, said:
'I am delighted to welcome Cariel to the Group. We've been making excellent
progress in our Dispense Systems Operation, so this acquisition fits perfectly
and helps to underpin our market position in the UK dispense sector, where we're
the third largest operator'.
-ENDS-
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