Business Standard

Varun Beverages acquires PepsiCo's Jharkhand franchise

Image

IANS New Delhi

Varun Beverages on Friday said the company has acquired PepsiCo India's previously franchised sub-territory in Jharkhand and a manufacturing facility in the state.

"The company has concluded the acquisition of PepsiCo India's previously franchised sub-territory in the state of Jharkhand along with one manufacturing unit at Jamshedpur," Varun Beverages said in a regulatory filing to the BSE.

The company is now a franchisee for PepsiCo products across 21 states and 2 union territories, it said.

--IANS

rrb/him/bg

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Mar 23 2018 | 2:54 PM IST

Explore News