A Dallas-based investment group that purchased Dr Pepper Co. last week said Monday that Cadbury-Schweppes PLC holds a 30% share in the sale, making the British firm the world's third-largest soft-drink producer.
Cadbury-Schweppes, which makes sparkling water, sodas, mixers and a line of chocolates and candy, bought the Canada Dry and Sunkist soft-drink operations from RJR Nabisco in June for $230 million, giving it a 5.3% share of the U.S. market.
With its 30% interest in Dr Pepper, the London-based company holds the third-highest share of the U.S. soft-drink market, according to beverage analyst Jesse Meyers, publisher of Beverage Digest.
Coca-Cola and Pepsico control the top two spots, together taking 80% of the $25-billion soft-drink market. Dr Pepper had been No. 3.