Sunny Delight Beverages Company

   

Sunny Delight® Beverages Co. España Makes Plans for Expansion

Barcelona, May 2, 2005—Sunny Delight Beverages Co. announced today that it is significantly increasing its investment in its Barcelona headquarters to support the growth of SunnyD in Western Europe.

The investment will increase the size of the Cornella HQ organization by 60% to become the new home of its Innovation Team, Finance Team, Back Office Services, and Customer Service & Logistics for Western Europe. To accommodate these additional resources, SunnyD will double its office space.

These additions are being made to accelerate the growth of SunnyD in Western Europe and replace services currently being provided by the Punica Getranke GmbH. Sunny Delight Beverages Co. announced today that is was selling its Puncia operations to PepsiCo.

"The proceeds from this sale will strengthen the Sunny Delight Beverages Co. and make it possible to increase our investment in our core SunnyD brand," said Sunny Delight Beverages Co. President and CEO, Billy Cyr. When this transaction is completed, Sunny Delight Beverages Co. will have approximately $475M in annual sales and do business in seven countries.

According to Cyr, "SunnyD's European operations will become more self-sufficient and have greater financial strength to accelerate growth. We are very excited about the opportunities that we have ahead of us to grow Sunny Delight Beverages with the outstanding organization that we have in place and are continuing to build."

About Sunny Delight Beverages Co.
Sunny Delight Beverages Co. is a leading producer of juice-based drinks in North America and Western Europe. The company was formed from brands acquired from Procter & Gamble in 2004. Its worldwide headquarters are in Cincinnati, Ohio.

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