Board approves Varun Beverages Plans to acquire PepsiCo franchise rights in India

INDIA – Varun Beverages Limited (VBL), the bottling partner of PepsiCo India, said its board has approved its plans to acquire franchise rights of the beverage and snacks in India’s South and West regions. VBL’s board approved the company’s intent to enter into a binding agreement with PepsiCo India Holdings to acquire franchise rights for…

Zimbabwe’s Varun Beverages gets special economic zone status

ZIMBABWE – VarunBeverages Zimbabwe (Pvt) Ltd, a soft drink manufacturer and Pepsi bottler in the country has been declared a special economic zone (SEZ) as an incentive from government in its plans of investing US$23 million in a new plant. The announcement was made by the Zimbabwe Special Economic Zones Authority chief executive officer Mr…

Demand pushed NBC’s conversion of plant to logistics hub, NBC reveals

NIGERIA – Nigeria Bottling Company (NBC) Limited has revealed that pressure on demand of its products in the country was the reason behind transformation of its Enugu production Plant into a logistics and distribution hub, reports Beverage Industry News. The country’s Coca-Cola franchise bottler unveiled plans of restructuring the plant in January this year. Managing…