Dubai Refreshments (DRC) said on Monday it would open talks with unlisted Abu Dhabi Refreshments Company about a possible merger.
Both firms are franchisee holders for the distribution of Pepsi Co products.
Dubai Refreshments, the sole franchisee, manufacturer and distributor of Pepsi-Cola products in Dubai, Sharjah and Northern Emirates, has announced a net profit of Dh60 million ($16.33 million) in the first half of 2013.
Dubai Refreshments, the sole franchisee and distributor of PepsiCo products, is giving away Aquafina water free to Dubai bus commuters, as part of its annual summer initiative.
Each day until the end of this month, a free 600 ml bottle of
Dubai Refreshments (DRC), sole franchisee of PepsiCo products in Dubai and Northern Emirates, celebrated its golden anniversary at the trading floor, at the Dubai Financial Market.
As a special arrangement, DFM gave DRC the opportunity to
Dubai Refreshments (DRC), sole franchisee of PepsiCo products, recently signed a five-year agreement with Al Wathba Company (AWC), to provide fleet services for distribution of its beverage products.
Under the agreement, AWC will provide D