The Pepsi Bottling Group (PGB) has signed a letter of intent to acquire Pepsi-Cola Bottling Co. of Yuba City, Inc.

The Pepsi-Cola franchised bottler, based in northern California, is a family-owned business headed by John Cary as president.

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PBG said yesterday (31 January) that it expects the transaction to be completed during the second quarter of 2010. Financial terms were not disclosed.

“Acquiring well-run independent bottlers continues to be an important part of our strategy to capitalise on geographic growth opportunities,” said PBG chairman and CEO Eric Foss.

This is the sixth in a series of deals that PBG has announced since the beginning of 2008 in a bid to expand its US footprint.

Last summer, PBG completed the acquisition of Pepsi-Cola Bottlers for the Merrimack Valley for an undisclosed fee.

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The firm added that to its deal to buy fellow Pepsi bottler Ab-Tex Beverage in Texas in the third quarter of 2009.

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