COVID-19 Updates: PepsiCo, Kroger, Diageo launch additional initiatives
USA – In response to alarming evidence of the continued negative impacts of COVID-19, PespiCo,…
PepsiCo
PepsiCo Names Tertius Carstens as its sub-Saharan Africa CEO
SOUTH AFRICA – The New York headquartered food and beverage giant, PepsiCo has appointed Pioneer…
PepsiCo reports strong first quarter as revenue grows 10% to US$13.88bn
USA – PepsiCo has released its first quarter 2020 financial report, posting stronger than expected…
PepsiCo and Bang Energy maker sign North American distribution agreement
USA – PepsiCo and Vital Pharmaceuticals Inc, the manufacturer of Bang Energy drinks, have entered…
PepsiCo-backed plastic recycling fund invests US$6m in two Asian firms
SINGAPORE – The Circulate Capital Ocean Fund (CCOF), an investment fund dedicated to the alleviating…
COVID-19 Update: PepsiCo accelerates relief efforts with US$45m package
USA – The PepsiCo Foundation has announced a more than US$45 million initiative focused on…
PepsiCo to hire 6, 000 new employees and provide US$11m to COVID-19 affected communities
USA – Amidst the novel coronavirus (COVID-19) pandemic, PepsiCo has reinforced its strategies to ensure…
PepsiCo expands presence in the energy category with US$3.85bn acquisition of Rockstar
USA – PepsiCo has secured a deal to acquire Rockstar Energy Beverages, one of the…
Competition Tribunal approves PepsiCo’s US$1.7bn takeover of Poineer Foods
SOUTH AFRICA – The US$1.7bn (R25.52bn) purchase of local food company Pioneer Foods by US…
PepsiCo snaps Chinese online snacks company Be & Cheery for US$705m
CHINA – PepsiCo has entered into a definitive agreement to acquire Hangzhou Haomusi Food, also…