CARACAS: Mavesa, S.A. Announces Sale of Spring Water Business

By Company Press Release | 21 July 2000

Mavesa, S.A. (NYSE: MAV), a leading manufacturer, marketer and distributor of branded consumer goods in Venezuela, announced today that it will sign an agreement to sell its spring water business line to Pepsi-Cola Venezuela, C.A., the Beverages Business Unit of Empresas Polar and PepsiCo. (NYSE: PEP), which manufactures, markets and distributes colas and other soft drinks in Venezuela.

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Mavesa, S.A. (NYSE: MAV), a leading manufacturer, marketer and distributor of branded consumer goods in Venezuela, announced today that it will sign an agreement to sell its spring water business line to Pepsi-Cola Venezuela, C.A., the Beverages Business Unit of Empresas Polar and PepsiCo. (NYSE: PEP), which manufactures, markets and distributes colas and other soft drinks in Venezuela.

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