Japan’s Suntory Holdings has expanded its partnership with PepsiCo by signing a distribution deal with the soft drinks group in China.
PepsiCo will handle Suntory’s Rich dairy drink brand in China, said Suntory yesterday (20 January).
Under the terms of the deal, PepsiCo will distribute Rich Caffe Latte and Strawberry au Lait flavours, initially in Guangzhou and Shenzhen in China’s Guangdong province.
“This agreement extends partnership between Suntory and PepsiCo for the aim of further expanding business in China’s beverage industry,” said Suntory, which already handles PepsiCo soft drinks in Japan.
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