Varun Beverages to acquire controlling stake in bottle caps maker Lunarmech

INDIA – Varun Beverages, the PepsiCo bottler in India has agreed to acquire an additional 20% stake in pet bottle caps and crown caps maker Lunarmech Technologies for ₹15 crore (US$2.1 million). The transaction will […]

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, […]