CHINA – PepsiCo has entered into a definitive agreement to acquire Hangzhou Haomusi Food, also known as Be & Cheery, one of the largest online snacks companies in China, for US$705 million. The New […]
USA – The New York headquartered food and beverage giant, PepsiCo reported another solid year after managing to grow its full year revenues by 3.87% to US$67.16 billion. PepsiCo further posted a 4.8% organic growth […]
SOUTH AFRICA – The Competition Commission of South Africa has recommended the Competition Tribunal give the green light to the US$1.7 billion (R25.52bn) transaction that will see Simba, a PepsiCo subsidiary take over Pioneer Foods whose […]
ZIMBABWE – Varun Beverages Zimbabwe (Pvt) Limited, the franchise bottler of PepsiCo in Zimbabwe is struggling to recoup its US$50 million investment in the country due to a turbulent economic environment characterised by an acute […]
USA – PepsiCo has selected ten emerging food and beverage brands that will join its second annual North America Greenhouse program, an initiative aimed at accelerating growth of revolutionary food and beverage brands. According to […]
INDIA – Tata Global Beverages and PepsiCo India have agreed to review the terms of their agreement in NourishCo Beverages, a joint venture the two companies formed a decade ago, reports ET Retail. The review […]
USA – PepsiCo has unveiled plans of using 100% renewable energy for its US direct operations this year as part of the company’s progress towards switching to renewable electricity across its global operations. According to […]
USA – PepsiCo, the American food and beverage giant behind the Frito-Lay, Gatorade, Pepsi-Cola, Quaker and Tropicana brands has popped into the new year with multiple launches across some of its leading food and beverage […]
ETHIOPIA – PepsiCo, one of the world’s leading food and beverage companies has acquired majority stake in Senselet Food Processing Plc in Ethiopia from Veris Investments, a growing and influential investment company, who will maintain […]
USA – PepsiCo has entered into an agreement to acquire PopCorners and Rice Rounds snacks maker BFY Brands as the company seeks to expand its snacking portfolio. BFY produces the better-for-you snacks at it manufacturing […]
