Saudi Arabia based dairy firm Almarai has recently announced the purchase of a 48% stake in International Dairy and Juice from FMCG giant PepsiCo to become the 100% owner of the business According to a report in The National, International Dairy and Juice was formed as a joint venture in 2009 via a partnership between Almarai and PepsiCo to produce and distribute food and beverages in Egypt and Jordan. The …
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FMCG giant PepsiCo has launched a limited-edition range of S’mores inspired flavours for its Pepsi cola line in the US. Released on the last day of summer, the Pepsi S’mores Collection is available in the varieties Toasty Marshmallow, Graham Cracker and Chocolate. The Toasty Marshmallow variant is said to have a marshmallow base with toasted notes to bring out the “fireside flavour”, whilst the Graham Cracker variety is said to have notes …
FMCG giant PepsiCo has agreed to sell a set of biscuit assets to the Brazilian manufacturer Camil Alimentos, according to a Just Food report. The agreement is claimed to involve the biscuit brands Mabel, Doce, Mirabel, Elbi’s and Pavesino and to include a ten-year licencing contract with PepsiCo for the Toddy biscuits brand and the associated production line. The deal also includes a factory in Goiania and another one Sergipe, with Camil taking …
PepsiCo, the leading US consumer goods firm, has announced a distribution agreement and the acquisition of $550 million stake in energy drink company Celsius Holdings at the price of $75 per share, corresponding to 8.5% ownership of the company. Celsius is a US global consumer packaged goods company that produces lifestyle energy fitness drinks. With this agreement, PepsiCo will become the preferred distribution partner globally for Celsius Holdings and will support …
FMCG giant PepsiCo has announced the acquisition of 152 acres of land in the Denver Development Area that will be used for a new 1.2 million sq ft manufacturing facility. According to sources, the new plant will be PepsiCo Beverages North America’s largest and most sustainable. The new facility will replace a manufacturing plant in the River North Art District, tripling production capacity and created 250 new jobs. Johannes Evenblij, president of …
Food and beverage business, PepsiCo India, has announced plans to invest INR 186 crore ($24 million) to expand its manufacturing facility in Kosi Kalan, Mathura, India. The facility, which already makes Lay’s potato chips, will increase the capacity of the state-of-the-art plant, by adding a new manufacturing line to produce snacks under the Doritos brand. “The progressive ecosystem and industrial climate in Uttar Pradesh has yielded some fantastic opportunities for …
PepsiCo, the global snacks and drinks giant, has announced the investment of $260 million in its manufacturing facility in the city of Tucker, Georgia. The expansion will create about 136 new full time jobs, bringing up PepsiCo’s total workforce in DeKalb county to over 600. The facility will be expanded by more than 260,000 sq feet as well as is expected to increase production fivefold by 2025. By 2025, this …
PepsiCo, the global snacks and drinks giant, has announced an investment of £24 million ($31.7 million) to upgrade its facility located in Lincoln, UK, to meet growing consumer demand. The investment will be used to replace the existing machinery with new state-of-art equipment and technology, to increase the production of Quavers snacks, and make space for new product lines. A further £1 million ($1.3 million) will be used at the …
PepsiCo, the global snacks and drinks giant, has announced an investment of $64 million to expand its drinks concentrates factory in Uruguay. Located in the free trade zone of Colonia, PepsiCo’s facility is one of eight in the world dedicated to the preparation of beverage concentrates for PepsiCo’s portfolio brands such as Pepsi, Seven Up, Mirinda and Gatorade. The facility, which has been operating in Uruguay for 30 years, employs …
PepsiCo, the global snacks and drinks giant, has announced plans to build a 1 billion PLN ($245 million) facility in Poland to produce savoury snacks. According to a company press release, the new plant will have the capacity to respond to growing consumer demand, and will become the largest and most environmentally sustainable PepsiCo facility in Europe. With an estimated area of seven football pitches, the facility will supply snacks …
PAI Partners, a French private equity firm, has announced an agreement to acquire Tropicana, Naked and other juices brands from US food and beverage company PepsiCo for about $3.3 billion. Pepsi Co will retain the exclusive US distribution rights to the brand portfolio. According to sources, the benefits from the sale are expected to enhance PepsiCo’s balance sheet and allow it to make organic investments. PepsiCo chairman and CEO Ramon …
Frito-Lay, a division of PepsiCo and leading snack manufacturer has announced it is to invest $200 million on its Rosenberg, Texas, site. The investment will be used to create two manufacturing lines for snack brand Funyuns and tortilla chips, as well as increase the capacity in its warehouse. Expected to be complete by 2023, the expansion will create 160 new full-time jobs. “The Rosenberg site has the largest footprint of any Frito-Lay facility …
US food and beverage company PepsiCo has announced the launch of Driftwell, a new relaxation drink that contains l-theanine. According to Beverage Daily, the “enhanced water beverage” went from concept to execution in under a year, and was part of the firm’s internal program “The Next Big Idea”, which uses an online platform for employees to team up and develop new innovations. The non-carbonated drink, designed to help consumers to …
Frito-Lay, the snacking division of PepsiCo, has announced the investment of $200 million to expand its production facility in Perry, Georgia. With more than 1,000 employees, this production facility is the largest factory of the company operating in the US. According to the sources, the investment will add two production lines to the factory, creating 120 new jobs. A strategic space will be also created, for a future manufacturing line …
US multinational food and beverage company PepsiCo, has announced its plans to invest $100 million in Egypt this year, to expand its activities in the country. This investment is part of a 4-year commitment to invest a total of $515 million in the Egyptian market. As part of the investment, the company will expand the production lines of two of its subsidiaries from the food industry, Pepsi Cola Egypt and …
Orkla, the Scandinavian consumer goods giant, has announced the acquisition of Havrefras Brand, a breakfast cereal brand from PepsiCo, for an undisclosed sum. Created in 1959, Havrefras brand has been part of PepsiCo’s portfolio since the acquisition of The Quaker Oats Company in 2001. According to sources, this acquisition is in line with Orkla’s strategy of further developing a portfolio with a strong health profile. The deal will not include …
Indian company, Tata Consumer has announced the acquisition of PepsiCo’s stake in NourishCo Beverages for an undisclosed sum. Created in 2010 by the two companies, NourishCo Beverages is a 50:50 joint venture, focused on the healthy hydration market in India. According to sources, this deal allows Tata Consumer to widen its portfolio in the food and beverages space as well as strengthen its position on that Indian market. Sunil D’Souza, …
PepsiCo, the global snacks and drinks giant, has announced the launch of Doritos Stax, in a triangular-shaped canister for its tortilla chip snack. The product will be available at the end of April, in three flavours – Ultimate Cheese, Sour Cream & Onion, and Mexican Chilli Salsa– with an RRP of £2.50 for 170g package. Commenting on the launch, PepsiCo’s marketing director for snacks Clafoutie Sintive, said: “Historically, canister snacks …
PepsiCo, the US based drinks and snacks giant, has announced the acquisition of Rockstar Energy Beverages for $3.85 billion. Founded in 2001, Rockstar Energy Beveragesproduces beverages that are designed for those who lead active lifestyles, offering over 30 flavours at convenience and grocery stores in more than 30 countries. Through the deal, PepsiCo is aiming to cement its presence in the fast-growing drink energy category, adding Rockstar to its portfolio …
PepsiCo, the US multinational food and beverage maker, has announced the acquisition of snack brand Be & Cheery from the Chinese company Haoxiangni Health Food for $705 million. Founded in 2003 and headquartered in Hangzhou, Be & Cheery is one of the largest online snacks companies in China and reported revenues of approximately 5 billion RMB ($710 million) in 2019. It is said to have product offerings across nuts, dried …
PepsiCo, the US-based snack foods firm, has taken a significant stake in the Ethiopian crisp firm Senselet. Veris Investments, the private equity fund which founded Senselet in 2015, said it would continue to maintain a minority interest in the firm and would partner with PepsiCo to further grow the business and develop potato sourcing programmes in Ethiopia. Distributed in Addis Ababa and other large Ethiopian cities, Senselet’s flagship Sun Chips …
PepsiCo, the leading food and drinks multinational, has announced it has entered a definitive agreement to acquire BFY Brands, the makers of the PopCorners snack line, for an undisclosed sum. The firm said the addition of BFY Brands would expand Frito-Lay’s snacking portfolio and “further deliver on its Winning with Purpose vision to offer consumers more positive nutritious options”. PopCorners is descirbed as a high growth, better-for-you popped corn snack sold in …
Refresco, the Dutch soft drinks firm, has reached a deal with PepsiCo which will see it acquire a number of the US firm’s factories in Spain, according to reports in FoodBev and Food Business Africa. Under the terms of the agreement, PepsiCo will transfer two of the three factories it currently operates in Spain – Tafalla (Navarra) and Seville – to Refresco, meaning Refresco will produce a proportion of PepsiCo’s drinks …
Frito-Lay, the snacking division of food and drinks giant PepsiCo, is investing $70 million to upgrade a prodjction facility in Frankfort, IN, according to a report in Inside Indiana Business. The investment is reportedly to be used to install a new snack production line as well as to expand an existing warehouse. 45 jobs are expected to be created as a result of the upgrade. News of the expansion follows a …
PepsiCo, the US based drinks and snacks giant, is planning to invest 514 crore INR ($74.7 million) over the next three years to set up a snack manufacturing plant in Uttar Pradesh, northern India, according to a report in the Economic Times. The new plant is expected to create over 1,500 direct and indirect jobs, the company said in a statement. Commenting on the move, PepsiCo India president and CEO …
Global snacks and drinks giant PepsiCo has acquired a stake in Natural Food International, one of China’s largest natural food firms, according to media reports. PepsiCo’s 26% stake in the Shenzhen-based company will reportedly make it Natural Food International’s second largest shareholder. Natural Food International makes products from grains, nuts, and beans, with a focus on grain-based premium nutrition powder. Described as China’s second largest natural food producer by retail …
PepsiCo, the global snacks and drinks giant, has announced that it has entered into an agreement to acquire all the shares of leading South African food manufacturer Pioneer Foods for approximately $1.7 billion. In a press release, PepsiCo described Pioneer Foods as having a “robust, locally relevant” product portfolio of cereals, juices and other African food staples, including well-known brands like Weet-Bix, Liqui-Fruit, Ceres, Sasko, Safari, Spekko, and White Star, …
PepsiCo, the US based drinks and snacks giant, is taking on rival Coca-Cola in the UK RTD coffee category, with the launch of a new brand range in partnership with coffee specialist Lavazza. The new “cappuccino” drink is advertised as an “intense espresso shot blended with white milk froth” and is described as featuring a blend of Lavazza coffee and milk. Tagged as having a “noble Italian taste”, it is …
Mid Europa, a UK-based private equity firm, has announced it has sold the Serbian soft drinks business Knjaz Milos to a joint venture formed by food and drinks multinational PepsiCo and Czech water distributor KMV for an undisclosed sum. The fund acquired Knjaz Milos together with leading regional dairy and confectionery players Imlek and Bambi in 2015, and, capitalising on increased consumer demand for water and other drinks products, reportedly emerged as the …
PepsiCo, the global food and drinks giant, has announced plans to invest $4 billion in Mexico between 2019 and 2020, leading to the creation of an estimated 3,000 new jobs. The investment includes $109 million to build what PepsiCo said what would be its first new plant in Mexico in 20 years. The facility, to be located in Guanajato, is scheduled to be operational by 2025 and will strengthen PepsiCo’s …
US food company Hormel Foods has announced it has agreed to sell its CytoSport sports nutrition business to fellow US consumer goods firm PepsiCo for an undisclosed sum. Hormel Foods acquired CytoSport, which markets the Muscle Milk and Evolve Protein range of protein powders, shakes and bars, in 2014 for approximately $450 million. Commenting on the sale, Jim Snee, chairman of the board, president and chief executive officer at Hormel Foods, …
Varun Beverages, PepsiCo’s Indian bottling partner, is set to acquire PepsiCo’s company-owned bottling, sales and distribution operations in the south and west regions of India, according to a report in the Economic Times. Varun Beverages is already the franchise partner for PepsiCo’s bottling operations in the North and East, having acquired those divisions in 2014. The latest acquisition, the value of which is said to be between 24 and 27 billion INR ($340 and $380 …
Global snacks and drinks giant PepsiCo has announced the closure of its factory in the Free Economic Zone of Manaus, reportedly after changes to taxes in the soft drinks sector. According to Exame, PepsiCo said that the decision to leave the region “was taken with the goal of efficiently managing our operations throughout Brazil and positioning the company for long-term growth, regardless of the recent change in the tax regime”. …
Global snacks and drinks giant PepsiCo is set to acquire the upscale UK crisps brand Pipers, with the deal due to be completed in early 2019 subject to regulatory approval. Founded in Lincolnshire in 2004, Pipers claims to focus on using local ingredients to deliver “the best taste and quality possible”. It supplies hotels, pubs and restaurants as well as selected retail outlets such as delis and farm shops. PepsiCo said …
PepsiCo, the snack food and soft drinks giant, has announced its further expansion into the health and wellness arena with the acquisition of plant-based food maker Health Warrior. Founded in 2011 Health Warrior makes products such as nutrition bars, mug muffins and protein powder that are described as containing plant-based superfood, nutrient-dense and gluten-free ingredients and also as being low in sugar. The acquisition is PepsiCo’s first to form part …
Global food and drinks giant Pepsico has acquired Israel-based SodaStream for $3.2 billion. SodaStream makes home-machines which transform tap water into carbonated water that can be flavoured by adding syrups. “Today marks an important milestone in the SodaStream journey. It is validation of our mission to bring healthy, convenient and environmentally friendly beverage solutions to consumers around the world”, commented Daniel Birnbaum, SodaStream director and CEO. “PepsiCo and SodaStream are …
Global food and drinks giant PepsiCo has announced the investment of over $28.7 million to expand its Mar Del Plata plant in Argentina. According to a statement released by PepsiCo, the investments made between 2017 and 2018 were used to improve the plant at a technical and structural level, adding a total of 7,490 sq m to the site footprint and creating six new production lines. PepsiCo said the new …
Frito-Lay, the snacks division of global food and drinks giant PepsiCo, is set to expand a production facility in the city of Frankfort, IN, USA, according to a report in Inside Indiana Business. The firm is said to be investing $159 million in the upgrade to its Clinton County operations, which will see two new production lines and extra warehousing capacity added and the creation of 50 new jobs. Frito-Lay …
PepsiCo, the global food and drinks giant, is to invest $100 million upgrading a facility located in Shanghai, China, according to a FoodBev report. The company said it was installing a new production line as well as adding advanced packaging and warehousing operations at the plant in Sonjiang. The investment will enable PepsiCo to meet demand for crisps from Chinese consumers. Commenting on the move, Ram Krishnan, president and CEO …
PepsiCo, the leading food and drinks manufacturer, is expanding its breakfast portfolio in the UK with the launch of new milk drinks under the Quaker brand. Described as being “perfect for your breakfast on the go”, Quaker Breakfast Drink is said to blend wholegrain oats, milk and fruit “to give you a delicious tasty and satisfying drink, to start your day at its best”. The new product highlights PepsiCo’s continued focus on on-the-go …
Food and drinks giant PepsiCo has announced a definitive agreement to acquire Bare Foods, a producer of baked fruit and vegetable snacks under the Bare Snacks brand. Bare Foods Co was founded in 2001 and is described as a leader in apple, banana and coconut snacks. Its product range, including beetroot, carrot and sweet potato crisps, is sold across the USA and is said to use real, whole-food ingredients, to be …
Food and drinks giant PepsiCo is expanding its Doritos snack brand with the launch of a new line of crackers, exclusive to the Australian market. Available in the varieties Cheese Supreme, Mexicana, Texan BBQ and Sweet Chilli & Sour Cream, the new product range consists of oven baked “bite-sized” crackers that are designed to provide an “intense flavour hit”, according to the company. Doritos Crackers will be available across Australia …
Food and drinks giant PepsiCo has put its Tropicana facility in Hermes, France up for sale as a result of declining juice sales, according to French media reports. The 4,000 sq m site, which employs just under 100 staff, has reportedly seen juice volumes decrease from 80 million litres to 60 million litres within the space of five years, while staff numbers have been cut by around 30. PepsiCo is …
Lotte subsidiary Lotte Confectionery is to partner with food & drinks multinational PepsiCo to launch Quaker branded oat cereals in South Korea, according to a report in the Korea Times. Initially, the tie-up will see Original, Creamy Milk, Banana & Almond and Classic Oat varieties of Quaker oatmeal introduced through supermarkets, convenience stores and online stores from the beginning of April. The Korea Times reports that the breakfast cereal market …
PepsiCo’s fruit juice subsidiary Tropicana has announced the launch of Tropicana Coco Blends and Tropicana Kids for the US market, as the company “continues to evolve to meet consumer demand”. Tropicana Kids is a line of organic fruit juice drinks “made with 45% real fruit juice and mixed with filtered water” that is sold in single-serve 5.5 fl oz pouches. Available in Fruit Punch, Mixed Berry and Watermelon varieties, the line …
Gama spoke to Tammy Butterworth, Global R&D Grains Formulation Manager, PepsiCo. How is the role of breakfast changing in consumers’ lives, and what do FMCG companies need to do to adapt to this change? “Breakfast maintains an important role in people’s lives – what is changing is the time it can be given. When asked, people instinctively know that breakfast sets them up for the day (and the statistics bear this …
PepsiCo, the soft drinks and snack foods giant, has announced a further investment in the packaged water category with the launch of Bubly, a new brand of flavoured sparkling drinks. Bubly “combines refreshing and delicious flavors with an upbeat and playful sense of humor […] while keeping it real with no artificial flavors, no sweeteners, and no calories”, PepsiCo said in a statement. Commenting on the launch, Todd Kaplan, vice …
PepsiCo, the food and soft drinks giant, is launching a new Joosy version of its Mirinda fruit-flavour soft drink in India. According to a report in the Economic Times, the new version of the carbonated soft drink will contain orange juice and pulp sourced from Indian farmers. The drink is first being introduced in the southern state of Tamil Nadu, with a 500ml bottle retailing at 35 INR ($0.54). The …
PepsiCo, the food and beverage giant, has announced the launch of a new salted caramel flavour for its Pepsi cola. The flavour extension is part of a new lineup of festive products aimed at “delivering bold and cheerful holiday flavors that will satisfy everyone in the room”, according to a press release from the company. The new salted caramel flavour is promoted as “an indulgent new, limited-time flavor which blends …
Frito-Lay, the snacks division of food and beverage multinational PepsiCo, is aiming to reach out to new audiences with the launch of organic Doritos tortilla chips. According to a report in the Chicago Tribune, the move is part of a strategy to identify Frito-Lay brands as being more natural and healthy. Organic Doritos are being introduced under the Simply banner – a product range that includes Cheetos, Doritos, Lay’s and …
US-based food and soft drinks giant PepsiCo has announced the launch of a new Oats + Milk beverage under the Quaker Oats brand. According to sources, the nutritional grain and dairy drink was developed using a patented SoliOats technology that blends oats with milk, and marks the entry of the company in the dairy market in India. Regarding the new product, Deepika Warrier, vice-president of the nutrition category at PepsiCo …
PepsiCo, the global snacks and soft drinks giant, will unveil a new limited edition of flavoured cola under the Pepsi Fire brand name. Packed in 20oz bottles and 12oz cans, Pepsi Fire is a cinnamon-flavoured beverage that will be available for eight weeks in the US starting on 22nd May. Lauren Cohen, marketing director for Pepsi, commented: “Summer is one of the most anticipated times of the year, and Pepsi Fire …
Food and soft drinks giant PepsiCo has added a new production lineto its dairy facility in Nizhny Novgorod in Russia, to make yoghurt for children. The facility, which will product yoghurt under the Agusha and Miracle Babies brands, also manufactures infant formula. With the new production line, the facility will increase production to 40 tonnes per day. PepsiCo originally set up its plant in Nizhny Novgorod in 2014, since when …
Food and soft drinks giant PepsiCo has reportedly opened negotiations to acquire Vigor, a Brazilian dairy company owned by J&F group. According to Valor, PepsiCo has made two proposals to acquire the dairy company but up to this moment there was no consensus on the value of the transaction. The last value offered was reportedly approximately R$6 billion ($1.91 billion), which is equivalent to one year of Vigor’s revenues. Industry …
PepsiCo, the global snacks and soft drinks giant, is expanding its breakfast foods portfolio in India with the launch of Quaker Nutri Food. The new launches are described as familiar breakfast foods called Dosa (a type of pancake), Upma (a porridge made from semolina and rice flour) and Khichdi (a rice and lentil dish), said to contain “40% more oats and vegetables” to make them healthier options. “The lifestyle of millennials …
Food and drink giant PepsiCo is introducing two new “healthier” alternatives to soft drinks called IZZE Fusions and Lemon Lemon, reportedly to target generation Z. IZZE Fusions and Lemon Lemon aim to appeal to younger consumers by containing fewer calories, less sugar, and no artificial sweeteners or flavours. “The consumer is getting more sophisticate”, said Gary So, VP of marketing portfolio transformation for PepsiCo’s North America beverage unit. “They are …
PepsiCo, the global snacks and soft drinks giant, has announced its results for the fourth quarter and full-year 2016, with an increase in annual revenue rose of 5% to $19.52 billion. By region, in North America the Frito-Lay group rose 3% while the beverage unit saw organic growth of 2%. In Latin America, organic growth in snacks was 4%, offsetting a 3% decline in beverage volume. The Europe -Sub Saharan Africa unit and …
A number of leading firms in the global breakfast foods market are eying up British cereal maker Weetabix, according to a report in The Telegraph. Oriental FMCG giant Bright Foods bought a majority stake in Weetabix in 2012, but so far the UK’s second biggest cereal brand has failed to conquer the Chinese market, the report continues. The company has reportedly hired banking firm Goldman Sachs to advise it as …
Food and soft drinks giant PepsiCo has announced the launch of a new bottled water brand called LIFEWTR that is slated for release across the USA in February 2017. Reportedly a response to rival Coca-Cola’s Glaceau SmartWater brand, LIFEWTR is described as purified water with balanced pH and added electrolytes. Product packaging – 700ml and 1l bottles – features labels designed by emerging artists, according to information. The RRP of …
PepsiCo, the global soft drinks and snacks firm, is showing interest in making a deal to acquire US probiotics drinks firm KeVita, according to a report in Reuters quoting “people familiar with the matter”. Any deal would reportedly be through PepsiCo’s Naked Emerging Brands venture, the objective of which is described as expanding the company’s soft drinks portfolio through developing brands positioned towards health-conscious consumers. A deal for KeVita would …
PepsiCo, the US food and drinks firm, is expanding its Tropicana fruit juice range with the launch of “a 100% juice with one billion live and active cultures per serving”. Described as combining the goodness of 100% juice with the functional benefit of probiotics, Tropicana Essentials Probiotics is said to contain more than the recommended daily value of Vitamin C in each 8oz serving and to be free from added sugar, …
PepsiCo, the global snacks and soft drinks giant, has launched a new concentrated form of its Gatorade sports drink for consumers in Australia and New Zealand. The product, which is available in Blue Bolt and Lemon Lime flavours, will come in a 1 litre container that will reportedly enable consumers to make 5 litres of Gatorade by diluting in water. Commenting on the move, PepsiCo senior director of franchise beverages …
From 12th July 2016, consumers in Australia will be able to purchase a new flavour variety of Doritos tortilla chips called Meatlovers BBQ. The flavour was developed in partnership with pizza restaurant chain Pizza Hut. The two firms had previously worked together in 2014, when a Doritos-stuffed pizza crust was released in Pizza Hut restaurants. This time, the partnership has resulted in the Meatlovers Pizza flavour, which is described as …
PepsiCo, the multinational American food and beverage corporation, has announced the comeback of Crystal Pepsi as a limited edition in the USA and Canada due to“overwhelming fan demand” and in a bid to revive its soft drink sales, according to a report in Fortune. Crystal Pepsi, a clear coloured cola originally on the market between 1992 and 1994, will be available in Canada from 11th July and from 8th August …
Drinks and snacks multinational PepsiCo has launched new ‘craft’ colas for the US and Canadian markets, according to reports in The Street and Canadian Grocer. In the USA, the firm has announced the introduction of 1893 Cola and 1893 Ginger Cola. The 12oz cans, which will be available across stores in the USA, are to commemorate the company’s founding year and focus on ‘authentic’ ingredients such as kola nut extract, …
Lotte Chilsung Beverage Co, a unit of South Korean retail conglomerate Lotte Group, is expected to acquire a major share in a PepsiCo bottling company in Pakistan, the Maeil Business News reports. Quoting sources from Lotte Group and the investment banking industry, Maeil Business News said that the South Korean firm was reportedly looking to buy 51 to 52% of shares in Lahore PepsiCo, a PepsiCo bottling company located in …
Drink and snacks giant PepsiCo has announced the expansion of its Lay’s crisp brand in Thailand with the launch of two new sweet flavours. Promoted as offering a “perfect blend” to “creates delicious new ways” with flavour, the new Lay’s offering includes Honey Butter and Caramel Popcorn varieties, the former topped with “super sweet honey” with a “tantalizing” taste, and the latter featuring a “delicious, fantastic” popcorn flavour “carefully” combined …
PepsiCo, through its Frito-Lay division, is introducing a new range of crisps in the US under its Doritos brand that are claimed to deliver a “multi-sensorial experience”. Touted as “the biggest product launch in [the brand’s] recent history”, Doritos Mix Tortilla Chips feature a combination of four different Doritos shapes and flavours in one bag. According to the company, Doritos Mix come in a Cheese Explosion variety, featuring the flavours …
Snacks and beverage firm Pepsico has published its full year results for 2015, reporting an increase in organic revenue for the year versus 2014. The US multinational said that, for 2015, organic revenue had increased 5%, although overall net revenue decreased 5% due to the unfavourable impact of foreign exchange. Core gross margin rose to 140 basis points and core operating margin expanded to 30 basis points, PepsiCo added, while …
Global food and drinks firm PepsiCo is aiming to expand its position in the Indian snacks market with the launch of various new products for different market segments, according to reports in Just Food, the Economic Times and Restaurant India. The company is said to be planning to launch both mass market and more niche products in order to compete with regional players. Under the Lay’s brand, the firm is …
PepsiCo, the leading food and drinks firm, has announced that it is leaving the US yoghurt category by ending a joint venture it had established through its Quaker brand. In a statement, PepsiCo said that it would be abandoning the joint venture established with the Theo Muller Group, which led to the creation of a co-branded yoghurt under the Müller Quaker in 2012. The firm commented: “After determining that the …
Food and beverage firm PepsiCo is expanding its Tropicana range in France with the launch of Tropicana Douceur (‘Mild’), a product that is claimed to be “naturally less acidic” than conventional orange juice. The 100% fruit juices are being launched in two chilled varieties – one with pulp and one without – and also in an ambient variety that is pulp-free. In order to reduce the acidity levels, only certain, …
Long-standing food and beverage rivals PepsiCo and Coca-Cola are tussling over a stake in yoghurt-maker Chobani, according to a source quoted by Reuters. According to the agency’s source, PepsiCo and Coca-Cola are among the companies in discussion to seal a deal that Chobani hopes could value the company at around $3 billion, the source reports. The Greek style yoghurt maker is exploring the sale of a minority stake, including warrants …
PepsiCo has announced the launch of a new Rainbows version of its Frito-Lay Doritos tortilla chips in the USA. The product features the classic tortilla chips in a range of ‘rainbow’ colours and has been launched in partnership with the It Gets Better Project, which works for the welfare of the lesbian, gay, bisexual and transgender community. Doritos Rainbows is being released online and for a limited period only, available …
PepsiCo in Argentina has announced its first commercial developed in collaboration with fans of the drinking chocolate brand Toddy, inspired by contributions on the company’s social media accounts. As part of a campaign labelled “we know about making chocolate, not adverts”, the initiative took place at 6pm local time on the 12th June. Consumers participated by posting ideas on the brand’s social networking sites, with the most promising ideas then …
PepsiCo has unveiled four new flavours for its AMP Energy brand line in the USA. New Strawberry Limeade, Passionfruit, Blueberry-White Grape Zero and Watermelon Zero join the existing Original and Cherry Blast variety. Greg Lyons, vice president of marketing, AMP Energy, commented on the release by saying: “We knew energy drink fans were craving some serious flavour innovation in the category. So we made flavor our number one priority when …
PepsiCo has unveiled the launch of Pepsi Lemon, a flavoured Pepsi made with lime juice and designed to meet the taste preferences of Hispanic consumers. “Handcrafted” and “made with just the right amount of authentic lime juice”, the new product was developed in collaboration with Adelante, PepsiCo’s employee association that fosters relationships with the Hispanic community, the company said. “Pepsi knows the importance of authentic flavour and delivering on its …
Orkla ASA has announced that it has signed a new agreement to manage PepsiCo’s brands in Northern Europe. In a statement, the company said that it had begun sales of Tropicana juice in Sweden and Denmark in January 2015, followed by Finland in April. The new agreement also covers Tropicana in Norway, as well as Quaker in the Nordics, and PepsiCo’s snacks in Norway, Sweden, and Finland. Peter A. Ruzicka, …
PepsiCo has recently announced the removal of aspartame from Diet Pepsi against a backdrop of falling sales and consumer safety concerns. As reported by USA Today, an aspartame-free Diet Pepsi “sweetened with sucralose and ace-K” will be available for consumers from August. The source also reports PepsiCo as saying that the new Diet Pepsi “tastes the same as the old one”, while large lettering on the packaging will make it …
PepsiCo’s Frito-Lay division has expanded its Cracker Jack brand range, unveiling a new variety of popcorn flavoured with chocolate and peanut butter. The new popcorn is described as being coated with sweet and savoury chocolate peanut butter flavor and is promoted as ““add[ing] fun to your family’s next snacking occasion”. Haston Lewis, senior director of marketing at Frito-Lay, commented: “Chocolate peanut butter is among the most popular flavor pairings of …
PepsiCo has unveiled its latest release for the US snack market: a new sweet flavour for its Cheetos puffed corn snack. The new limited edition Cheetos Sweetos are described as cinnamon sugar puffs that “take the spring snacking experience beyond chocolate bunnies and marshmallow candies, providing a fun twist to traditional treats”. Commenting on the launch, vice president of brand marketing for Frito-Lay North America, said: “This is not a …
Exclusively online and for the Brazilian market, PepsiCo is launching its new fruit-flavoured water brand Drinkfinity. Described by the company as a “personal and portable hydration system”, the new product system is composed of a reusable plastic bottle dubbed “Vessel” that is designed to be used in conjunction with Pods – small capsules containing a blend of flavouring and nutrients in liquid or powder form which are inserted into the …
PepsiCo, one of the world’s leading food and beverage manufacturers, has inaugurated a new 55,000 square metre snack plant in Dammam, Saudi Arabia, to supply the snack market across the country. The facility is PepsiCo’s 15th in the Middle East, a region where the company has been doing business for 60 years. The opening of the plant follows comes months after PepsiCo opened an innovation centre in Dubai, the firm’s …
PepsiCo has released Tostitos Rolls!, a new corn tortilla chip with a tube-like shape. With their tubular shape, Tostitos Rolls! are designed for dipping and dunking with a variety of dips or spreads and are promotes as being especially suited to social gatherings. The new product is especially recommended with Tostitos Queso Blanco dip, a product introduced in late 2013 that incorporates a creamy blend of Monterey jack and cheddar …
PepsiCo has divested its company-owned bottling operations in North India to its franchisee bottling partner Varum Beverages. According to a report in the Economic Times, the move forms part of a battle for market share in India with fierce rival Coca Cola. Chairman and CEO at PepsiCo India D Shivakumar is reported as commenting: “We are expanding our partnership with a strategic partner who understands the local market and has …
PepsiCo, the beverage & snacks company, has reported its Q3 results, posting an increase of 3.1% in organic revenues with beverages and snacks increasing by 1%. Chairman and CEO Indra Nooyi said: “We delivered good third quarter results in the face of an ongoing challenged macroeconomic environment driven by increasing volatility in the emerging markets and continued sluggish consumer demand in developed markets”. Ms Nooyi continued: “Our organic revenue grew …
PepsiCo is diversifying its Pepsi cola range with the launch of a new brand, Pepsi True. Pepsi True is a new stevia-sweetened product that will be available exclusively for online purchase on Amazon. With 30% fewer calories than standard cola, Pepsi True hits shelves shortly after the launch of the stevia-sweetened Life brand from rival Coca Cola, and two years after the launch of Pepsi’s own mid-calorie brand Next. Although …
PepsiCo has announced the opening of its newest R&D centre which is located at Dubiotech in Dubai, UAE. Gulf News reports the comany as saying that the facility will be a hub of new products and flavours for Pepsico’s regional businesses. The new centre is described as featuring a culinary centre and test laboratories that will be used to create PepsiCo food and beverage brands adapted to local taste preferences. …
PepsiCo Philippines has announced plans to invest P650 million ($14.6 million) in a new facility in its home country as it seeks to expand its presence in the country from beverages into food, Business World reports. The company, which is a licensee of PepsiCo, Inc. and Pepsi Lipton International Ltd. and produces non-alcoholic drinks under brands such as Pepsi-Cola, 7Up, Mountain Dew, Mirinda, MUG, Gatorade, Lipton, Tropicana/Twister, Propel and Sting, …
Cereal company Quaker Oats has agreed to remove trans fats from its Oatmeal to Go and Instant Quaker Oatmeal products by the end of next year after agreeing to settle on long-running litigation over its product labelling and trans fat content. The company, which is part of the PepsiCo group, said that it would now reformulate its oatmeal line to remove all partially hydrogenated oils, a move which is estimated …
Simba, part of PepsiCo South Africa, has opened a new “state of the art“ potato chip manufacturing plant in Prospecton, KwaZulu-Natal. The plant – the third for Simba in South Africa – is designed to help the company to meet an increased for its Simba and Lay’s brands. The new plant is said to be strategically located to increase PepsiCo’s regional presence, and joins existing locations in Gauteng and the …
PepsiCo has announced that it has opened a new baking category innovation centre in Apodaca, Nuevo Leon, Mexico, with the aim of driving new product innovations across the company’s brand portfolio. In a statement, PepsiCo described the new facility as being equipped with an advanced culinary center and development laboratories focused on creating and tailoring new baked products for distinct consumer benefits and taste preferences in Mexico and in PepsiCo markets …
PepsiCo has opened a new potato chip plant in Ayudhaya Province, Thailand, Food & Drink Business Europe has revealed. The new facility forms part of PepsiCo’s strategy of increasing its presence in the emerging and developing markets of Asia Pacific. The potato chip factory began production on February 4th, 2014 and becomes the second plant in Thailand owned by PepsiCo. The 20-acre factory is claimed to have advanced technologies and …
PespiCo has announced plans to increase production in India with funds going towards manufacturing and agriculture. This investment will see the expansion of the PepsiCo production line in India, where eight established brands (Pepsi, Lay’s, Kurkure, 7UP, Slice, Mirinda, Mountain Dew and Aquafina) are already generating 1000 crore rupees in annual sales, according to the company. Pepsi Co aims to double current levels of production in India by 2020, as …
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