All-American Bottling Buys Two Firms for $6 Million
Lewis, Constance, THE JOURNAL RECORD
The most recent acquisition, consolidated Thursday for $2 million, was the Royal Crown Bottling Co. of Knoxville, said Browne. The purchase included the company's soft drink franchises there and in Chattanooga for the production of Royal Crown Cola, Canada Dry and A&W Root Beer.
On May 1, All-American bought the 7-Up Bottling Co. of Parkersburg, W.Va. for $4 million, he said. The plant in Parkersburg produces such beverages as 7-Up, Royal Crown Cola, Canada Dry and Dr. Pepper, he said.
Yearly volume of production is about 1 million cases of drinks each, he said.
With those purchases, All-American now owns five bottling plants, including operations in Washington, D.C.; Oshkosh, Wis., and Louisville.
Browne, who is an equal partner and vice chairman in another major bottling enterprise, Full Service Beverage Co. of Wichita, purchased 100 percent of the All-American stock in November for an undisclosed price.
Future acquisitions are planned for both Full Service and All-American, he said, but that he was not involved in any negotiations at this time.
"We are aggressively trying to buy bottling plants that are contiguous to territories in areas in which we operate," he said.
At present, there are no plans to merge or consolidate All-American and Full Service bottling companies, he added.
Moving the All-American headquarters from Miami, Fla., to Oklahoma City in February was a matter of "bringing the mountain to Moses," Browne said.
"I live here, and there was no reason for the company to be in Miami. …