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Pepsi-Cola Products Philippines, Inc. (PCPPI) was established in 1989 as Premier Beverages by Luis Lorenzo, Sr. to acquire the bottling and distribution rights to PepsiCo beverages in the Philippines. In 1997, the Guoco Group acquired Lorenzo's holdings in PCPPI. Under Guoco management, ₱700 million was spent in 1998 to upgrade the facilities ...
A soft drink is a beverage that typically contains water (often carbonated water), a sweetener and a flavoring agent. The sweetener may be sugar, high-fructose corn syrup, fruit juice, sugar substitutes (in the case of diet drinks) or some combination of these. Soft drinks may also contain caffeine, colorings, preservatives and other ingredients.
The Royal brand became best associated with its orange-flavored soft drink, Royal Tru-Orange. In 1981, San Miguel spun off its soft drink business (its Coca-Cola franchise and the manufacture of Royal beverages) to a new company known as Coca-Cola Bottlers Philippines, Inc. (CCBPI), a joint-venture with The Coca-Cola Company .
On February 23, 2024, Philippine-based Aboitiz Equity Ventures Inc. (AEV) announced that it has jointly acquired Coca-Cola Beverages Philippines Inc. together with Coca-Cola Europacific Partners (CCEP) for $1.8 billion on a debt-free, cash-free basis. It will hold a 40% stake, while CCEP will take up the remaining 60% stake.
Related: The 50+ Best Early Amazon Black Friday Deals to Shop Now, Up to 73% Off . 1. Sparkling Water. One of the best things about sparkling water or seltzer is there’s a sea of options. If you ...
In April of the following year, SMC's domestic soft-drink bottling unit, Coca-Cola Bottlers Philippines, Inc., was merged into the Australia-based Coca-Cola Amatil Ltd. (CCA). In effect, SMC exchanged its 70-percent interest in a Philippine-only operation for a 25-percent stake in CCA, which had operations in 17 countries.
Sun Sip Prebiotic Soda $33.95 at Amazon. Sun Sip Prebiotic Soda $33.95 at Health-Ade. Dang says some established brands are launching prebiotic soda lines, which Sun Sip is a great example of.
Coca-Cola Cherry Vanilla was introduced in February 2020 in response to the popularity of the flavor combination at Coca-Cola Freestyle machines. [1] [2] Its launch, along with that of Coca-Cola Orange Vanilla in 2019, represented a strategic shift to Coca-Cola introducing new brands under its core Coca-Cola branding, which had not occurred since 2007.