News

Varun Beverages takes more PepsiCo territory in India

Most popular

Latest sexism row is a whisky watershed

Heineken must cut costs to aid recovery - analysis

Treasury Wine Estates Performance Trends 2016-2020

How COVID has accelerated the sobriety trend

How COVID-19 will change after-work drinks

MORE

Indian PepsiCo bottler Varun Beverages has acquired additional PepsiCo territory in the south and west of the country.

PepsiCo continues to hand over territories to Varun Beverages

PepsiCo continues to hand over territories to Varun Beverages

The firm said last week that it has completed the purchase of 'sub-territories' from SMV Group. The deal sees Varun handle PepsiCo's drinks portfolio in several districts in both Karnataka and Maharashtra.

In a letter filed with the National Stock Exchange, Varun said: "The company has concluded the acquisition of sub-territories from SMV Group to sell and distribute PepsiCo beverages in 13 districts in the State of Karnataka and 14 districts in the State of Maharashtra."

The deal follows an announcement in January 2018 that saw Varun take control of PepsiCo's Tropicana portfolio across North, East and part of Central India. As well as Tropicana, Varun took over distribution for Gatorade and Quaker Value Added Dairy in the regions.

In other PepsiCo news this week, the company has announced it is instigating a restructuring plan to simplify its business model, which will involve job losses and factory closures along with billions of dollars in associated costs.

The future of personalised nutrition - just-drinks FUTURES Vol. 4


Related Content

PepsiCo to invest in packaging-free beverages

PepsiCo to invest in packaging-free beverages...

PepsiCo targets sub-Saharan Africa with Pioneer Foods takeover - Juice in South Africa data

PepsiCo targets sub-Saharan Africa with Pioneer Foods takeover - Juice in South Africa data...

PepsiCo's Rockstar buy takes energy drinks fight global - comment

PepsiCo's Rockstar buy takes energy drinks fight global - comment...

BedBevs and beyond - PepsiCo's sleep-aid launch marks a sea-change in soft drinks - comment

BedBevs and beyond - PepsiCo's sleep-aid launch marks a sea-change in soft drinks - comment...

Oops! This article is copy protected.

Why can’t I copy the text on this page?

The ability to copy articles is specially reserved for people who are part of a group membership.

How do I become a group member?

To find out how you and your team can copy and share articles and save money as part of a group membership call Sean Clinton on
+44 (0)1527 573 736 or complete this form..



Forgot your password?