COLOMBIA: SABMiller sells Pepsi business to Quinsa
By just-drinks.com editorial team | 30 March 2009
SABMiller's Colombian subsidiary, Bavaria SA, has completed the sale of its Pepsi bottling operations in the country to Quinsa, a division of Anheuser-Busch InBev's Ambev business, for around US$27m.
Subsidiaries of Bavaria completed the sale of the business, Bebidas y Aguas Gaseosa Occidente, on 26 March, SABMiller announced today (30 March).
SAB acquired Bebidas in March 2005.
The sale marks SAB's move away from soft drinks in Colombia. Last month, the brewer sold its Agua Brisa bottled water business in the country to Coca-Cola Femsa and The Coca-Cola Co for US$92m.
Sectors: Soft drinks
Companies: SABMiller, Quinsa, Bavaria, InBev, Coca-Cola Co
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