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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.
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.
Over the course of the former PepsiCo CEO’s decade-plus tenure—during which sales grew 80%—Nooyi was named the most powerful women in business by Fortune five years in a row. She stepped ...
On 2 December 2010, PepsiCo agreed to buy Wimm-Bill-Dann. During the first stage PepsiCo bought 66% of Wimm-Bill-Dann for $3.8 billion. [9] The purchase was one of the biggest foreign investments yet seen in Russia outside the energy industry. [10] Following the acquisition, the company delisted its stock from the New York Stock Exchange in ...
The Quaker Oats Company bought the pancake mix company in 1926 and launched Aunt Jemima syrup 40 years later. PepsiCo gained control of the pancake empire through its 2001 acquisition of Quaker Oats.
Pepsi is a carbonated soft drink with a cola flavor, manufactured by PepsiCo.As of 2023, Pepsi is the second most valuable soft drink brand worldwide behind Coca-Cola; [1] the two share a long-standing rivalry in what has been called the "cola wars".
It helps expand Pepsico's reach in areas it already competes and, perhaps, even pushes the company a bit further into the hispanic food category. PepsiCo is buying a strong, up-and-coming brand ...