MoneyWorks4Me

Varun Beverages completes acquisition of franchise rights from SMV Group

14 Feb 2019 Evaluate

Varun Beverages 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.

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 1320.00
Varun Beverages 430.00
Britannia Industries 4757.95
LT Foods 405.25
Hatsun Agro Product 1117.90
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