Cadbury buying La Casera for €117 million

Confectionery and soft drinks group Cadbury Schweppes Plc said today it had agreed to buy Spain's third-largest drinks manufacturer…

Confectionery and soft drinks group Cadbury Schweppes Plc said today it had agreed to buy Spain's third-largest drinks manufacturer La Casera from the Iberian Beverages Group for 117 million euros ($102.1 million).

La Casera, which employs around 520 people, made net sales of about 49 million pounds in 2000, Cadbury Schweppes said in a statement.

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