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Food & Beverage

PepsiCo and bottler acquire Russia-based Sobol-Aqua JSC

May 07, 2008
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PepsiCo Inc. and its bottler Pepsi Bottling Group Inc. said that they completed their acquisition of Russia-based Sobol-Aqua JSC, the Associated Press reported recently.

Financial terms of the deal were not disclosed.

The acquisition, originally announced in March, was made through the companies'' PR Beverages Ltd. joint venture in Russia.

The deal includes a production facility in Novosibirsk, Russia, that makes Sobol brands and co-packs various Pepsi products.
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