Pepsi j.v. finalizes Russian beverage maker purchase

by Eric Schroeder
Share This:

SOMERS, N.Y. — The Pepsi Bottling Group, Inc. and PepsiCo, Inc., through their PR Beverages Ltd. joint venture in Russia, have finalized their acquisition of Sobol-Aqua JSC, a beverage manufacturing company in Russia. Financial terms were not disclosed.

The acquisition, which originally was announced in March, is expected to jumpstart PR Beverages manufacturing presence in the region and expansion into Siberia and Eastern Russia.

The acquisition includes a production facility in Novosibirsk, Russia, that manufactures Sobol-Aqua brands and co-packs various Pepsi products.

Comment on this Article
We welcome your thoughtful comments. Please comply with our Community rules.



The views expressed in the comments section of Food Business News do not reflect those of Food Business News or its parent company, Sosland Publishing Co., Kansas City, Mo. Concern regarding a specific comment may be registered with the Editor by clicking the Report Abuse link.