Vimto owner Nichols monitoring Ribena sale process
29th July 2013
NICHOLS, the North West drinks manufacturer and owner of Vimto, Sunkist and Panda brand, has been linked with a major deal to buy Ribena and Lucozade from global pharma to consumer products group GlaxoSmithKline.A report on Sky News said Newton-le-Willows-based Nichols - which has just reported strong financial results - could partner with a private equity firm to take part in the £1bn sale process.
Sky said GSK was encouraging Nichols to bid for the brands, though it is understood that the AIM-listed company is......for the full story register now for free or login below...
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