Search results
Results from the WOW.Com Content Network
On June 8, 1923, the company trademark and secret recipe were purchased by Craven Holding Corporation. In 1931, Roy Megargel, a Wall Street broker, purchased the Pepsi trademark, business, and goodwill from Craven Holding in association with Charles Guth.
The top individual shareholders for PepsiCo include various executives, including past CEOs. Former CEO Indra Nooyi owned 1.47 million shares in March 2019.
PepsiCo is known for its Frito-Lay snack food brands, soft drinks under its Gatorade, Mountain Dew, and namesake Pepsi brands, and cereal products under its Quaker Oats subsidiary. The PepsiCo name is deeply embedded within American pop culture. It emerged in 1965, when the Pepsi-Cola Company merged with Frito-Lay, Inc.
PepsiCo (PEP) is best known for its carbonated soda, Pepsi, and its rivalry with Coca-Cola (KO), but it also owns many well-known snack food and beverage brands through an expansion plan that...
Keep reading to see what Pepsi owns today and when it acquired its brands. 1. Mountain Dew (1964): 100% ownership. Mountain Dew was Pepsi's first major acquisition and is one of the most popular...
Pepsico (NASDAQ: PEP) is owned by 72.38% institutional shareholders, 0.63% Pepsico insiders, and 26.99% retail investors. Vanguard Group Inc is the largest individual Pepsico shareholder, owning 132.00M shares representing 9.62% of the company.
In 2020, PepsiCo acquired Pioneer Foods, a leading food and beverage company in South Africa, adding its robust, well-known brands — among them Weet-Bix, Bokomo and Ceres — to PepsiCo’s portfolio.
In 1988, PepsiCo gained entry to India by creating a joint venture with the government of Punjab-owned Punjab Agro Industrial Corporation (PAIC) and Voltas India Limited. This joint venture marketed and sold Lehar Pepsi until 1991, when the use of foreign brands was allowed; PepsiCo bought out its partners and ended the joint venture in 1994.
In the deal announced on Tuesday, PepsiCo’s juice business will be sold for roughly $3.3 billion to PAI Partners, with Pepsi retaining a 39% stake in the newly formed business. Pepsi has instead chosen to focus on its zero calorie sports and energy drinks, along with its other healthier beverage options.
Pepsi is owned by PepsiCo, the holding company which owns many brands spanning from drinks to food & snacks and more. PepsiCo generated $91.47 billion in revenue in 2023, and $9.07 billion in profits for the same period.