Soft drinks giant PepsiCo is joining forces with The Boston Beer Company to produce and launch HARD MTN DEW, an alcoholic version of the Mountain Dew soft drink, in the US. HARD MTN DEW, which will have 5% alcohol by volume (ABV), is expected to hit the shelves in early 2022. It will come in […]
PepsiCo has agreed to sell Tropicana, Naked, and certain other juice brands in North America to PAI Partners, a French private equity firm, for around $3.3 billion. The soft drinks giant also has a binding option to divest some juice businesses in Europe as part of the deal, while retaining a non-controlling stake of 39% […]
Nucor, a US steel manufacturer, has agreed to purchase the power generated by the 367MW Western Trail wind project being constructed by Ørsted in Wilbarger County, Texas. Ørsted has now two power purchase agreements (PPAs) for underpinning the Texan wind farm. Earlier, it had signed a PPA with soft drinks giant PepsiCo. Leon Topalian – […]
PepsiCo and Beyond Meat have agreed to create a joint venture (JV) called The PLANeT Partnership (TPP) for making snack and beverage products from plant-based protein. The joint venture will utilize Beyond Meat’s technology in plant-based protein development and PepsiCo’s marketing and commercial capabilities. Ethan Brown – Beyond Meat Founder and CEO said: “We are […]
bubly drops for SodaStream : Pepsico’s SodaStream has forged a partnership with another sparkling water brand Bubly to launch of bubly drops on its SodaStream Sparkling Water Maker Kit. The partnership is the first for the Israel-based SodaStream in North America since its $3.2 billion acquisition by PepsiCo. According to PepsiCo, the new collaboration enables […]
PepsiCo acquisition of Rockstar Energy Beverages : PepsiCo has signed a $3.85 billion deal to acquire Las Vegas-based energy drink maker Rockstar Energy Beverages in a move to expand its footprint in the fast-growing energy category. Founded in 2001, Rockstar Energy Beverages produces beverages that target people who lead active lifestyles from athletes to rock […]
PepsiCo acquisition of Be & Cheery : PepsiCo has agreed to acquire Chinese online snack company Hangzhou Haomusi Food (trading as Be & Cheery) from jujube maker Haoxiangni Health Food for $705 million as per the latest food acquisition news. Operating in China for almost 40 years, PepsiCo said that the acquisition is a major […]
PepsiCo and Centerplate, a hospitality partner to North American sports entertainment venues, will offer more than 100,000 aluminum cans of AQUAFINA purified still water at the Hard Rock Stadium this Sunday for fans to enjoy at Super Bowl LIV. The AQUAFINA purified still water cans will help advance the broader mission of Hard Rock Stadium […]
MTN DEW Zero Sugar launch : PepsiCo North America Beverages has launched a sugar-free version of its carbonated soft drink Mountain Dew in the US, as per the latest soft drink industry news. According to PepsiCo, the latest product – Mountain Dew sugarless flavor, called MTN DEW Zero Sugar, has the same bold charge and […]
PepsiCo acquisition of BFY Brands : Soft drinks and snacks giant PepsiCo has agreed to acquire BFY Brands, the owner of PopCorners snacks for an undisclosed price as per the latest food acquisition news. BFY Brands, which was established in 1998 in Liberty, New York, will come under PepsiCo’s Frito-Lay North America division upon closing […]