Tag Archives: Seven-UP Bottling Company Plc

Nigerian Senate wades into Rites Foods, 7-Seven Up controversy

February 27, 2020   Editor   1 Comment
soft drinks

The Nigerian Senate last week tried to mediate between two warring soft drinks companies who are fighting for market share and economic survival.

According to the Senate Committee on Ethics, Privileges and Public Petitions, it said it received a petition from the management of Rites Foods Limited, an indigenous soft drinks company and makers of Bigi soft drinks over alleged threat to its security and existence by Seven-Up Bottling Company Limited, bottlers of Pepsi cola, Mountain Dew and others.

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Seven-Up Bottling launches Lipton Ice Tea

November 01, 2019   Editor   5 Comments
Lipton Ice Tea

Seven-Up Bottling Company (SBC) recently launched Lipton Ice Tea on Big Brother Naija (BBN) with a brand touch of sunshine.

During the launch ceremony, the Big Brother finalists were given a Lipton Ice Tea ‘Sunshine in a bottle’ challenge.

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Recipient of 7Up Harvard Business School Scholarship 2019 unveiled

August 07, 2019   Editor   No comments

Seven-Up Bottling Company Limited (“SBC”), makers of Pepsi, 7Up, Teem, Mirinda, Mountain Dew, Aquafina and H2Oh! have restated its commitment to consistently invest in the Nigerian youth.

At the unveiling of Miss Anyanwu Maureen Uzoamaka as the recipient of the 7Up Harvard Business School MBA Scholarship for 2019, Managing Director of SBC, Mr. Ziad Maloof said the future of Nigeria belongs to the youths urged Uzoamaka to use the global MBA and leadership training she will acquire from Harvard Business School to make a positive impact in Nigeria.

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‘There is no fake Pepsi in circulation’ – Seven-Up Bottling Co.

June 17, 2018   Editor   No comments

Seven-Up Bottling Company, the bottlers of Pepsi-Cola in Nigeria has denied there is a fake Pepsi in the market.

The manufacturer which also bottles Mirinda and Mountain Dew soft drinks among others explained that the Pepsi-Cola in white caps which is what has been the source of concern to consumers is genuine and the same with the Pepsi packaged in blue caps.

Speaking further, the firm revealed that economic hardship in the country compelled it to switch to white caps when the cap suppliers could not get imported materials to make blue caps. The white caps are used as a temporary measure until the manufacturer can supply the blue caps.

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7-UP receives regulatory approval to delist shares from NSE

February 12, 2018   Editor   No comments

Seven-Up Bottling Company Plc has received approval from the Nigerian Stock Exchange (NSE) to delist its shares from the Exchange following the submission of an application it made to the Exchange, seeking to delist its shares and end its 32 years on the big board. The company was first listed on the Exchange in 1986.

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Pepsi to step-up marketing campaign in 2018

February 10, 2018   Editor   1 Comment

Pepsi, a major brand under the care of the 7Up Bottling Company Nigeria, has said it is going to leverage technology to drive its aggressive marketing this year, with the hope of increasing its share of the Nigerian market.

The brand said its unique marketing in 2017 gave it an edge over its competitors, citing the ‘NoShakinCarryGo’ campaign, which was launched at the Lekki Tollgate on 11 August, 2017.

A few weeks before then, the brand had announced that Pepsi 50cl PET bottle price was been reduced to N100 with the #NoShakinCarryGo campaign (in Lagos and Ibadan).

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Mounting losses at Seven-Up lead to ₦10.3bn loss in nine months

January 31, 2018   Editor   No comments

Seven-Up Bottling Company Plc (“SBC”) reported its nine months results on Tuesday, with the ailing company posting a net loss of ₦10.3bn, a 113% increase from the ₦4.8bn loss it recorded in the previous year.

The company, which recently exited the Nigerian Stock Exchange over its continued dismal performance in recent years, said that revenue grew 9.75% to ₦83.2bn in the nine months to the end of December. In the same period in 2017, the company recorded ₦76bn in sales.

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Nigerian Stock Exchange suspends trading of Seven-Up shares

January 15, 2018   Editor   No comments

The Nigerian Stock Exchange (“NSE”) announced on Friday that it was permanently suspending the trading in shares of Seven-Up Bottling Company Plc (“7-Up Bottling Company Plc”) on the floor of “The Exchange” as it tries to determine the shareholders who will receive the Scheme Consideration following the company’s majority shareholder, Affelka S.A (“Affelka”), buyout of the remaining shares of minority shareholders it does not already own.

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Seven-Up Minority shareholders agree to firm’s sale

January 12, 2018   Editor   3 Comments

Minority shareholders of Seven-Up Bottling Company Plc on Thursday 11th January 2018 voted to sell their shares to the majority shareholder, Affelka S.A. for ₦21.4bn ($66.5 million).

At a Court-Ordered Meeting in Lagos, shareholders approved the scheme of arrangement for the buyout. With the transfer of 26.8% minority shares to Affelka, the firm’s ownership of Seven-Up increases to 100%.

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Affelka ups bid for Seven-Up

January 10, 2018   Editor   No comments

Seven-Up Bottling Company Plc announced on Wednesday that Affelka S.A. (“Affelka”), the majority shareholder of the firm has raised its offer price to acquire the remaining shares of minority shareholders it does not already own at a cost of ₦21.4bn ($66.5 million)

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