In 2013 the drinks brands Lucozade and Ribena were bought by which Japanese company?
Ribena in some of the brands, damaged its reputation as a healthy product. By 2013 the brand was widely seen as being similar to other soft drinks. In 2013 annual worldwide sales were around £500 million. That year, GSK sold Ribena and another consumer line, Lucozade, to the Japanese multinational Suntory for £1.35 billion. In 2018, Ribena changed their longstanding recipe to include artificial sweeteners and thickeners due to the ‘sugar-tax’. Fans of the drink were not impressed with the change. Ribena was originally manufactured by the Bristol-based food and drink company HW Carter as a blackcurrant squash. Development research into
Ribena Lucozade, up for sale. The eventual sale, announced in September, was for £1.35 billion. Ribena Ribena ( ) is an English-origin brand of blackcurrant-based uncarbonated and carbonated soft drink and fruit drink concentrate that until 2013 was produced by GlaxoSmithKline (GSK). The brand originally had a strong reputation as a healthy product for children, stemming from its distribution to children as a vitamin C supplement during World War II by the British government. Beecham (a company that has been part of GSK since 2000) bought the brand in 1955 and developed many soft drink versions. A series of scandals in