INDUSTRY CONCENTRATION SEEN DRYING UP SECOND TIER

NEW YORK -- Manufacturer consolidation in the beverage industry is continuing at an unprecedented pace, threatening the existence of midsize players, said a leading industry consultant."The trend toward industry consolidation and concentration is accelerating at a far faster pace and is more universal and across the board than anything that we have ever experienced before," said Michael Bellas, chairman

NEW YORK -- Manufacturer consolidation in the beverage industry is continuing at an unprecedented pace, threatening the existence of midsize players, said a leading industry consultant.

"The trend toward industry consolidation and concentration is accelerating at a far faster pace and is more universal and across the board than anything that we have ever experienced before," said Michael Bellas, chairman and chief executive officer of Beverage Marketing Corp. of New York here.

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