US: Pepsi Bottling Group completes bottler acquisition
By just-drinks.com editorial team | 28 July 2009
Pepsi Bottling Group has completed its acquisition of Pepsi-Cola Bottlers for the Merrimack Valley for an undisclosed fee.
The deal gives Pepsi Bottling Group (PBG) a greater presence in northeastern Massachusetts in the US.
The firm added that its deal to buy fellow Pepsi bottler Ab-Tex Beverage in Texas should be completed during the third quarter of 2009.
PBG, which has completed four bottler buyouts since the start of 2008, recently rejected a takeover offer from parent group PepsiCo.
Earlier this month, the bottler reported a 7% drop in net sales for the first half of the year.
Sectors: Soft drinks
Companies: Pepsi Bottling, Pepsi-Cola
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