date:Jan 10, 2014
bution to GSK over the years, but now is the right time to sell them as we increase the focus of our consumer healthcare business.
The drinks were owned by Beecham Group prior to its merger in 1989 with SmithKline, and more than three-quarters of their sales are in the UK. They earn annual revenues of about 500m a year. The drinks are also produced in Nigeria, where GSK will continue to manufacture Lucozade and Ribena under licence from Suntory.
Suntory, which was established in 1899, is one o