MoneyWorks4Me

Varun Beverages concludes acquisition of PepsiCo India’s existing franchise rights

28 Sep 2017 Evaluate

Varun Beverages has concluded the acquisition of PepsiCo India's previously franchised territories in the State of Odisha and parts of Madhya Pradesh along with two manufacturing units at Bargarh and Bhopal (Mandideep). The company will now be a franchisee for PepsiCo products across 18 States and 2 Union Territories.

Varun Beverages is a key player in beverage industry and one of the largest franchisee of PepsiCo in the world (outside USA).

Peers
Company Name CMP
Nestle India 1382.50
Varun Beverages 410.50
Britannia Industries 4976.00
LT Foods 413.45
Hatsun Agro Product 1224.35
View more..