Sunny Delight to Sell Western European Sunny Delight Juice Drinks Business
Sunny Delight Beverage Co., which is backed by J.W. Childs Associates, is selling its Western European Sunny Delight juice drink business to Orangina Schweppes. Financial terms of the deal weren't disclosed. Sunny Delight Beverage Co. has also agreed to buy the J.M. Smucker Co.'s plant in Sherman, Texas. Sunny Delight also said that it's investing more than $70 million to upgrade its five North American plants and data systems to buy the plant in Texas. J.W. Childs, a Boston PE firm, owns a majority of Sunny Delight.


