![[ image: width=150]](/olmedia/55000/images/_59555_schwepps2.jpg)
![image: [ Cadbury Schwepps hopes US distributors will ease City concerns ]](/olmedia/55000/images/_59555_schwepps.jpg)
The UK business said it was joining forces with US investment firm The Carlyle Group to create The American Bottling Company and acquire MidWest, Beverage America and Select Beverages.
Cadbury hopes the move will quench City worries about the group's distribution in the United States of its brands, such as 7Up and Dr Pepper.
Cadbury will own a 40% stake in the venture, worth £73m. The project will cost £183m to fund.
John Sunderland, chief executive of Cadbury Schweppes, said the joint venture allows Cadbury to improve the strategic alignment between Dr Pepper, 7UP and its key bottlers in a manner which limits the company's capital investment.
The acquisitions are expected to be sealed by the end of March when details of management appointments also will be announced.
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