Danish Juice company Co-ro, the maker of Sun Lolly and the Sun Quick soft drink, acquires its largest competitor in China JKD for almost DKK 100m. Co-Ro's turnover in China is approximately DKK 250 million. The company's expectation is that the acquisition will boost the chinese sales by 30-40% yearly. The acquisition will make the Frederiksund-based company less dependent on the cyclically sensitive Middle East, where Co-Ro today has 60% of its revenue.
