PepsiCo Remains Committed to Long-Term Growth Goals
PepsiCo remains committed to its long-term organic growth target, despite a challenging outlook for 2024, focusing on better-for-you options in both snacks and beverages. Chairman...
Tag : PepsiCo
PepsiCo Partners with Jiangsu Rilong Food to Establish Quaker Plant in China
PepsiCo is collaborating with a Chinese partner to construct a Quaker Oats production facility in China. This initiative highlights PepsiCo’s commitment to enhancing its food...
Varun Beverages Increases Its Share in PepsiCo’s Soft Drink Volumes
Varun Beverages has made a significant investment of ₹4,128.04 million by acquiring ordinary shares in its subsidiary, The Beverage Company Proprietary Limited (BevCo). This strategic...
PepsiCo to Gain Complete Ownership of Sabra and Obela Joint Ventures
PepsiCo has announced plans to fully acquire Israel’s Strauss Group from their joint ventures, Sabra and Obela, specializing in dips. While the financial details of...
Finland’s Oddlygood Acquires UK Plant-Based Competitor Rude Health
Oddlygood, a Nordic plant-based food and beverage enterprise owned by Finnish dairy company Valio, has acquired its UK competitor Rude Health. The financial specifics of...
PepsiCo Lowers Growth Forecast Once More Amid “Normalization” Phase
PepsiCo is targeting a modest organic growth of approximately 1% for the year, maintaining a pace similar to that observed in the third quarter. This...
PepsiCo Secures $1.2 Billion Agreement to Acquire Siete Foods
PepsiCo has officially announced its acquisition of Siete Foods, a Mexican-American snacks company, for $1.2 billion. This strategic move aligns with current trends in the...
PepsiCo offloads Marmite and Bovril spread brands in South Africa
PepsiCo is selling the rights to the Marmite and Bovril spreads brands in South Africa to Anchor Yeast, part of the Lallemand group in Canada....
PepsiCo invests £13 million in Europe’s largest tortilla factory to decrease environmental footprint
PepsiCo has recently invested £13 million in its Coventry factory, reaffirming its commitment to sustainable production within the food manufacturing industry. This significant investment aims...
PepsiCo joins forces with Yara to develop eco-friendly fertilizers.
PepsiCo has partnered with Yara International to secure lower-emission crop nutrients for its European business. Yara will supply up to 165,000 tonnes of fertiliser per...