Varun Beverages to Acquire Another African Bottling Business
PEP•Varun Beverages has agreed to acquire another beverage bottling business in Africa, marking its latest continental expansion. The deal is poised to enhance its production network and reinforces its role as PepsiCo’s key franchise partner in emerging markets.
1. Expansion of Bottling Footprint
Varun Beverages has struck a deal to purchase an existing beverage bottling operation in Africa, extending its network beyond current markets. This acquisition follows previous deals in the region and is expected to boost annual production capacity, improve supply chain efficiency and deepen its partnership with PepsiCo across high-growth emerging markets.
