Suntory Complete £1.35bn Purchase of GSK Brands
date:Jan 10, 2014
GlaxoSmithKline have completed the 1.35 billion sale of its famous drinks brands Lucozade and Ribena to the Japanese Brewing and Distilling company, Suntory.

As well as acquiring the brands, Suntory have control of a manufacturing facility in the Forest of Dean that produces the drinks. The Coleford plant employs around 500 staff, prompting trade union Unite to demand copper bottomed guarantees on jobs when details of the deal were first announced in September of 2013.

At the time GSK said Lu
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