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Varun Beverages concludes acquisition of franchise rights in South, West regions from PepsiCo

04 May 2019 Evaluate

Varun Beverages has concluded the acquisition of franchise rights in South and West regions from PepsiCo India Holding (PepsiCo) for a national bottling, sales and distribution footprint in 7 States and 5 Union Territories of India. Transfer of manufacturing facilities in above territories is in progress and shall be completed in due course. The company is now a franchise of PepsiCo beverages business across 27 States and 7 Union Territories of India.

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 1129.90
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