Coca-Cola sues Vue after cinema chain switches to Pepsi

[ad_1] Coca-Cola is taking authorized motion towards Vue after the cinema chain switched to its arch-rival PepsiCo to produce tender drinks in Europe.

Vue, which operates greater than 90 cinemas throughout the UK and Eire, put the contract up for tender final yr.

The biggest privately owned cinema operator in Europe, with 222 websites in eight international locations, chosen PepsiCo as its unique provider in March final yr till at the very least 2030.

The deal introduced an finish to a relationship between Vue and Coca-Cola that had lasted for nearly 25 years.

Coca-Cola Europacific Companions Nice Britain (CCEP) took authorized motion towards Vue Leisure on Thursday to reclaim alleged unpaid money owed excellent when the contract was terminated.

It's understood Coca-Cola additionally has excellent money owed payable to Vue, which has not sought authorized motion referring to the quantity.

Coca-Cola’s authorized motion has been filed by Coltman Warner Cranston, a Coventry-based legislation agency that specialises in debt restoration.

Darren Davoile, who leads the observe, mentioned the corporate didn't touch upon shopper exercise.

The chief government and founding father of Vue, Tim Richards, mentioned: “One would have hoped that after 25 years, a easy cellphone name to me may have resolved a real dispute for such a small quantity with out the necessity for legal professionals.”

Coca-Cola GB didn't reply to a request for remark.

Vue mentioned that regardless of the submitting of the authorized motion the dispute over the excellent money owed on each side had been resolved.

“The petition for winding up has been withdrawn and will by no means have been filed,” mentioned Richards. “There's presently no quantity excellent and the disputed quantity was for below £100,000.”