Varun Beverages gets CCI approval to acquire PepsiCo’s franchise rights in India

INDIA – The Competition Commission of India (CCI) has approved the acquisition of PepsiCo India's franchise rights of the foods and snacks major in southern and western India by its bottling partner Varun Beverages Ltd (VBL). In February this year, Varun Beverages announced plans of acquiring acquire franchise rights of PepsiCo in southern and western…

COMESA agency pushes for restructure in Coca-Cola’s pricing model

AFRICA – The Common Market for Eastern and Southern Africa (COMESA) Competition Commission (CCC) has called for suspension of the clause that allows Coca-Cola Beverages Africa Ltd (CCBA) to set prices for its distributors. According to CCC, stipulation of price by CCBA, a subsidiary of the Atlanta based Coca-Cola Company, on its non-alcoholic drinks has…

Zimbabwe’s Varun Beverages eyes agro-processing to bolster exports

ZIMBABWE - Varun Beverages Zimbabwe (Pvt) Limited, franchise bottler of PepsiCo in the contra, has unveiled plans of possibly diversifying its operations to include agro-processing lines as it seeks to improve the exports. Krishnan Shankar, Pepsi group chief executive officer said that the group is looking at establishing a potato and tomato processing plant in…

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…