Coke, 'Zona To Team?
LAKE SUCCESS, N.Y. -- AriZona Iced Tea here, a pioneer New Age beverage brand and one of the last independent holdouts (after SoBe was acquired by PepsiCo and Snapple became part of the extended Cadbury Schweppes family) may soon be somewhat less independent. According to industry sources, Ferolito, Vultaggio & Sons ¿ AriZona's parent company -- is in active talks with Beverage Partners Worldwide about creating an alliance.