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- Nestlé and The Coca-Cola Company have agreed to dissolve the Beverage Partners Worldwide joint venture as of 1 January 2018.
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Mar 3, 2017 · While the Beverage Partners Worldwide (BPW) joint venture has performed well for more than 15 years, Nestlé and The Coca-Cola Company have agreed to dissolve the 50-50 ready-to-drink tea joint venture as of 1 January 2018.
Beverage Partners Worldwide was a joint venture between The Coca-Cola Company and Nestlé with headquarters in Zurich, Switzerland. The venture was originally started in 1991 but was dissolved in 1994 due to organizational and distribution disputes. It was resurrected in 2001 before dissolving permanently in 2018.
Mar 9, 2017 · The Coca-Cola Company KO and Nestlé SA are preparing to end their 16-year long tea joint venture, Beverage Partners Worldwide (“BPW”), effective Jan 1, 2018. The joint venture was formed in...
Mar 6, 2017 · Sixteen years ago Coca-Cola and Nestlé (Nestea) formed Beverage Partners Worldwide, a partnership to market bottled tea. The market segment was dominated by the Pepsi Lipton Tea Partnership (PLTP), a joint venture of (Lipton) and PepsiCo established in 1991.
- Dan Bolton
Apr 10, 2003 · In 2001 the two food and beverage giants announced the re-launch of CCNR, under the name of Beverage Partners Worldwide. In 1991, Coca-Cola and Nestlé created Coca-Cola Nestlé Refreshments Company (CCNR), a joint venture expected to be among the most successful of its generation.
Mar 27, 2007 · The Coca-Cola Company and Nestle today announced they have further refined their previously announced agreement to refocus the activities of their Beverage Partners Worldwide (BPW) joint venture. Under the terms of the revised agreement: -- BPW will focus 100 percent on the total tea category.
Mar 7, 2017 · After more than 15 years, Nestlé and Coca-Cola have agreed to dissolve their Beverage Partners Worldwide (BPW) joint venture, as of Jan. 1, 2018. Created in 2001, the 50-50 joint venture offers ready-to drink tea—specifically Nestea —in Canada and Europe.
