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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.
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[32] [33] The purchase was completed in December 2018 as part of a strategic plan to steer Pepsi toward offering healthier products. [34] [35] [36] In 2019, PepsiCo sued four small farmers in India US$142,000 each for growing a type of potato it says it owns. [37] [38] Pepsi said they would end the suit if the farmers grew potatoes for them. [38]
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In February 1965, the boards of directors for Frito-Lay, Inc. and Pepsi-Cola announced a plan for the merger of the two companies. On June 8, 1965, the merger of Frito-Lay and Pepsi-Cola Company was approved by shareholders of both companies, and a new company called PepsiCo, Inc. was formed. At the time of the merger, Frito-Lay owned 46 ...
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