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PepsiCo is the second-largest food and beverage business in the world based on net revenue, profit, and market capitalization, behind Nestlé. In 2023, the company's seat in Forbes Global 2000 was 82. [4] PepsiCo's flagship product, Pepsi Cola, has been engaged in a rivalry for generations with Coca-Cola; it is commonly referred to as the cola ...
In 2000, Whitman Corp., a Pepsi bottler, purchased PepsiAmericas and took the acquired company's name. [2] Whitman was founded as the Illinois Central Railroad. [3] It later diversified out of railroads and into Pepsi bottling, going by the names Illinois Central Industries in 1962, IC Industries in 1975 and Whitman Corp. in 1988.
Sabritas was founded in 1943 by Pedro Antonio Marcos Noriega as Golosinas y Productos Selectos in Mexico City. [1] It produced and sold potato chips, corn chips and snacks, and relied on a small distribution network which was mostly bicycle-based. The name is a portmanteau of Sabrosas y Fritas, which means Tasty and Fried (or Fried ones) in ...
In 2019, PepsiCo, the $209 billion multinational food and beverage company known for brands such as Pepsi, Lay’s, Gatorade and Quaker, acquired the Liberty plant as well as another facility in ...
The Pepsi Bottling Group, Inc. was the world's largest bottler of Pepsi-Cola beverages. PBG sales of Pepsi-Cola beverages accounted for more than one-half of the Pepsi-Cola beverages sold in the United States and Canada and about 40 percent worldwide.
PepsiCo Americas Foods consists of PepsiCo's food and snack operations in North and South America. This operating division is further segmented into Frito-Lay North America, Sabritas, Gamesa, and Latin America Foods. It also contains Quaker Foods North America, although no Frito-Lay products are sold or distributed under that business unit.
Over the 12 months since Enderson Guimarães joined PepsiCo (NYS: PEP) , the Brazilian executive has already been promoted twice. Joining as President of Global Operations in October 2011 ...
On August 3, 2021, PepsiCo announced that they would sell a majority stake in Tropicana, Naked Juice, and other juice brands to PAI Partners for $3.3 billion, to concentrate on their healthy snack foods and zero-calorie beverages. They would retain a 39% stake in the new joint-venture company and have exclusive distribution rights to the brands ...