Coca-Cola has sued Vue after the cinema operator ended a 25-year partnership and moved to PepsiCo as its exclusive soft drink supplier.
Vue, which runs more than 220 cinemas across Europe, selected PepsiCo last year on a deal lasting until at least 2030. The switch followed a competitive tender process and ended Coca-Cola’s long-standing supply agreement.
Coca-Cola Europacific Partners Great Britain has filed legal action to recover alleged unpaid debts dating from the contract’s termination. Vue said Coca-Cola also owed it money but confirmed the dispute has since been resolved.
Vue’s chief executive, Tim Richards, criticised the legal move, saying the issue involved less than £100,000 and could have been settled without lawyers. The winding-up petition has now been withdrawn.
