FDBusiness.com

Tag "PepsiCo"

PepsiCo sets sugar reduction targets

    PepsiCo sets sugar reduction targets

PepsiCo has announced ambitious plans to dramatically reduce the sugar content in its drinks as part of its sustainable growth strategy for 2025.
These goals aim to continue “transforming PepsiCo’s food and beverage product portfolio”.
Its goals include: At least two-thirds of its global beverage portfolio volume will have 100 calories or fewer from added sugars per […]

Read Full Article

PepsiCo faces US lawsuit over misleading packaging

    PepsiCo faces US lawsuit over misleading packaging

PepsiCo are set to face a lawsuit in the US relating to its marketing of its Naked Juice range. They complainants allege that PepsiCo “misleadingly markets Naked Juice as predominantly containing high-value ingredients such as acai berry and kale, when the predominant ingredient is usually cheap, nutrient-poor apple juice.”
The Center for Science in the Public […]

Read Full Article

PepsiCo to re-launch Diet Pepsi

PepsiCo Inc. is bringing back its old Diet Pepsi formula less than a year after phasing it out.
Diet Pepsi was reformulated in August 2015 to drop the artificial sweetener aspartame and it will be sold in its old recipe as Diet Pepsi Classic Sweetener blend in retro packaging, PepsiCo said earlier this 1Tbb—atfc..,– week. As […]

Read Full Article

Muller and PepsiCo Commence US Factory Construction

    Muller and PepsiCo Commence US Factory Construction

Muller Quaker Dairy, a joint venture between PepsiCo, and the Theo Muller Group, has started construction of a 350,000-square foot state-of-the-art yogurt manufacturing facility on an 82-acre parcel of land in Batavia, New York. The site is situated in one of the US’s most concentrated milk-producing and processing regions. The first phase of construction is […]

Read Full Article

PepsiCo and Muller Enter US Dairy Market With European-style Yogurt

    PepsiCo and Muller Enter US Dairy Market With European-style Yogurt

Muller Quaker Dairy, the US joint venture between PepsiCo and Theo Muller Group, is entering the growing US dairy market with innovative premium yogurt products. These products – Muller Corner, Muller Greek Corner and Muller FrutUp – mark the first entry by either PepsiCo or Muller into US dairy aisles.
Together, PepsiCo and Muller will complement […]

Read Full Article

PepsiCo Announces 40th Consecutive Annual Dividend Increase

    PepsiCo Announces 40th Consecutive Annual Dividend Increase

PepsiCo has declared a four percent rise in its annual dividend, from the current annual rate of $2.06 to $2.15 per share – marking the group’s 40th consecutive annual dividend increase. “PepsiCo is focused on delivering sustainable long-term growth and strong cash returns to shareholders,” says PepsiCo chairman and chief executive Indra Nooyi. “The board’s […]

Read Full Article

PepsiCo Finalises Strategic Alliance in China

    PepsiCo Finalises Strategic Alliance in China

PepsiCo has completed its a strategic beverage alliance in China with Tingyi (Cayman Islands) Holding, one of the leading food and beverage companies in China. China is projected to become the world’s largest beverage market by 2015. The alliance was approved by the shareholders of Tingyi in February and has now received regulatory approval.
As part […]

Read Full Article

PepsiCo Potato Chip Brands Surpass $10 Billion in Global Retail Sales

    PepsiCo Potato Chip Brands Surpass $10 Billion in Global Retail Sales

PepsiCo’s global ‘Banner Sun’ potato chip portfolio has grown to more than $10 billion in annual retail sales, anchored by Lay’s, the world’s largest food brand and the number one potato chip brand globally. The ‘Banner Sun’ logo – which appears on packaging for leading brands such as Lay’s, Walkers, Smith’s and Sabritas – has […]

Read Full Article

PepsiCo Unveils New Global Structure and Leadership to Drive Continued Growth

    PepsiCo Unveils New Global Structure and Leadership to Drive Continued Growth

In its quest to become a fully integrated, global food and beverage company, PepsiCo has announced a new global structure and strengthened its management team. In the new structure, while the regions – PepsiCo Americas Beverages, PepsiCo Americas Foods, PepsiCo Middle East and Africa, and PepsiCo Europe – retain ownership of the P&L, PepsiCo’s global […]

Read Full Article

PepsiCo Given 2012 Energy Star Sustained Excellence Award

    PepsiCo Given 2012 Energy Star Sustained Excellence Award

The US Environmental Protection Agency (EPA) has awarded PepsiCo’s US operations a 2012 Energy Star Sustained Excellence Award in recognition of the soft drinks and snacks manufacturer’s continued leadership in protecting the environment through energy efficiency. PepsiCo, which has been recognised by the Energy Star programme since 2006, is being honoured for its long-term commitment […]

Read Full Article

PepsiCo Opens New €10 Million Irish R&D Centre

    PepsiCo Opens New €10 Million Irish R&D Centre

PepsiCo Ireland has officially opened its new R&D Centre for next generation products in Little Island, County Cork. It represents an investment of €10 million in PepsiCo’s Irish operations. 
PepsiCo Ireland, part of PepsiCo Worldwide Flavours, commenced operations in Little Island in 1974 to manufacture beverage concentrates for European markets. In 2003, a €100 million manufacturing […]

Read Full Article

PepsiCo and Theo Muller to Build $206 Million Yogurt Factory

    PepsiCo and Theo Muller to Build $206 Million Yogurt Factory

PepsiCo, the world’s second largest snacks and beverages company, and Theo Muller, Germany’s largest privately owned dairy business, have chosen New York as the site for their first yogurt production facility in the US. Through their joint venture, Wave, the companies will invest $206 million (Eur153 million) and create 186 new manufacturing and support jobs […]

Read Full Article

Pepsico to Invests £14.4 Million in Quaker Oats Site in Scotland

    Pepsico to Invests £14.4 Million in Quaker Oats Site in Scotland

PepsiCo is investing £14.4 million to increase the capacity of its Quaker Oats site at Cupar in Scotland in a move that will bring 30 jobs to the local area. The investment, which builds on last year’s £8.5 million spend, makes a total of £51 million that parent company PepsiCo has spent on the site […]

Read Full Article

Major Restructuring at PepsiCo to Maintain Profitable Growth

    Major Restructuring at PepsiCo to Maintain Profitable Growth

With worldwide snacks and beverage volumes rising by 8% and 5% respectively, PepsiCo has increased operating profit by 16% to $9.63 billion on net revenue up 15% to $66.5 million for 2011. Reported net income rose by 2% to $6.46 billion.
The results reflect top-line gains across its worldwide snacks and beverage businesses, the acquisition of […]

Read Full Article

PepsiCo Extends $1 Billion Dollar Brands Portfolio

    PepsiCo Extends $1 Billion Dollar Brands Portfolio

PepsiCo has expanding its portfolio of brands, which each generate more than $1 billion in annual retail sales, to 22 with the recent addition of Diet Mountain Dew, Brisk and Starbucks ready-to-drink (RTD) beverages. The US-based beverages and snacks giant has doubled the size of its billion-dollar brand portfolio since 2000, adding five new billion-dollar […]

Read Full Article

PepsiCo and Ocean Spray Announce Strategic Alliance in Latin America

    PepsiCo and Ocean Spray Announce Strategic Alliance in Latin America

PepsiCo and Ocean Spray Cranberries have formed a strategic alliance in Latin America. As part of the alliance, PepsiCo will have exclusive rights to manufacture and distribute a portfolio of cranberry- and blueberry-based beverages through its Latin America Beverages division. The companies will share marketing responsibilities for the products and intend to collaborate on product […]

Read Full Article

PepsiCo Enters Strategic Alliance in China

    PepsiCo Enters Strategic Alliance in China

PepsiCo has agreed to form a strategic alliance with Tingyi Holding, one of the major food and beverage companies in China. Tingyi’s beverage subsidiary, Tingyi-Asahi Beverages Holding (TAB), will become PepsiCo’s franchise bottler in China. TAB, whose product offerings include ready-to-drink tea, bottled water and juice beverages, is one of the leading beverage manufacturers in […]

Read Full Article

PepsiCo Expands in Brazil

    PepsiCo Expands in Brazil

Reflecting its strategy of expanding in emerging markets, PepsiCo is reported to have acquired Mabel, one of Brazil’s leading biscuit manufacturers, in a deal worth between 800 million and 900 million reals ($460-517 million). PepsiCo is believed to have outbid international food group Bunge and Mexican bread maker Grupo Bimbo to secure Mabel.
 
Mabel operates five […]

Read Full Article

PepsiCo Selects Ten of Europe’s Most Promising Technology Start-ups

    PepsiCo Selects Ten of Europe’s Most Promising Technology Start-ups

PepsiCo has selected the ten start-up companies from across Europe that will make up PepsiCo10 – a programme designed to discover and support emerging technology companies. Chosen from submissions of more than 130 impressive and innovative technologies, the 10 winners will now work with some of PepsiCo’s leading brands in the UK, including Walkers and […]

Read Full Article

Kraft Foods Chief is the Most Powerful Woman in Business

    Kraft Foods Chief is the Most Powerful Woman in Business

Irene Rosenfeld (pictured), chairman and chief executive of Kraft Foods, has overtaken Indra Nooyi, to top Fortune Magazine’s annual ranking of the ‘50 Most Powerful Women in Business’. In second position in 2010, Irene Rosenfeld made the headlines this year with her decision to split Kraft Foods into two companies.
 
Indra Nooyi has continued to develop […]

Read Full Article

PepsiCo Creates Global Snacks Group

    PepsiCo Creates Global Snacks Group

PepsiCo is creating the Global Snacks Group (GSG), designed to drive breakthrough innovation across its leading portfolio of global snack food brands. The US-based beverages and snacks group has also announced the formation of the Power of One – Americas Council, which brings together its top food and beverage leaders to leverage the combined scale […]

Read Full Article

PepsiCo and ‘World’s Greatest Chef’ in New Partnership

    PepsiCo and ‘World’s Greatest Chef’ in New Partnership

Ferran Adria (pictured right), whose restaurant El Bulli in Spain has been named best in the world five times by Restaurant Magazine, will work with PepsiCo to help develop new methods and concepts for creative food innovation. This partnership follows an existing successful relationship between the two parties which began in 2005 and involved Chef […]

Read Full Article

PepsiCo Europe Gets Greener

  PepsiCo Europe Gets Greener

PepsiCo’s Frito-Lay manufacturing facility in Azov, Russia, has been officially awarded LEED Silver by the US Green Building Council (USGBC). The manufacturing facility is the first site in PepsiCo’s European network to receive the prestigious LEED certification for New Construction/Major Renovation, bringing the total number of LEED certified PepsiCo facilities around the world to 27.
LEED […]

Read Full Article

PepsiCo to Test Reduced-Sugar Cola Innovation – Pepsi NEXT

  PepsiCo to Test Reduced-Sugar Cola Innovation – Pepsi NEXT

PepsiCo will begin testing a new reduced-sugar cola, Pepsi NEXT, in the US in July. Pepsi NEXT was created for consumers who seek the rich taste of full-calorie cola but have decreased their consumption in order to reduce the sugar in their diet. While sugar-reduction is a priority for this segment, they have not adopted […]

Read Full Article

PepsiCo Launches European Search for Emerging Communications and Technology Companies

  PepsiCo Launches European Search for Emerging Communications and Technology Companies

PepsiCo has announced an open call for digital entrepreneurs across Europe to apply to take part in ‘PepsiCo10’, an innovation incubator program designed to discover and support emerging technology companies whose ideas and solutions can be applied to drive business value for the global soft drinks and snacks group.
Launched successfully in the United States last […]

Read Full Article

PepsiCo Invests £8.5 Million in Quaker Mill as Porridge Sales Soar

  PepsiCo Invests £8.5 Million in Quaker Mill as Porridge Sales Soar

PepsiCo UK is investing £8.5 million in its Quaker Oats site at Cupar in Fife, Scotland, in order to meet increasing consumer demand for Quaker’s hot cereals, which have grown by 13% over the last year. Quaker Oats will benefit from a new state-of-the-art plant based at the Cupar site, helping to boost its oat […]

Read Full Article

39 Consecutive Years of Dividend Increases by PepsiCo

  39 Consecutive Years of Dividend Increases by PepsiCo

Global soft drinks and snacks giant PepsiCo has declared its thirty-ninth consecutive annual dividend increase, by lifting the current annual rate from $1.92 to $2.06 per share on the group’s common stock.
“PepsiCo has a long and consistent track record of delivering strong operating results and achieving top-tier financial performance,” points out Indra Nooyi, chairman and […]

Read Full Article

PepsiCo and Strauss Group to Establish Joint Venture

  PepsiCo and Strauss Group to Establish Joint Venture

PepsiCo and Strauss Group, Israel’s second-largest food and beverage company, are to form a joint venture partnership that will produce and sell fresh dips and spreads in key markets outside of North America. The two companies have operated a successful North American joint venture since 2007 under the Sabra brand. In North America, Sabra is […]

Read Full Article

PepsiCo Develops World’s First 100% Plant-Based, Sustainable PET Bottle

  PepsiCo Develops World’s First 100% Plant-Based, Sustainable PET Bottle

PepsiCo has developed the world’s first PET plastic bottle made entirely from plant-based, fully renewable resources, enabling the company to manufacture a beverage container with a significantly reduced carbon footprint. According to PepsiCo, its ‘green’ bottle is 100% recyclable and far surpasses existing industry technologies.
The bottle is made from bio-based raw materials, including switch grass, […]

Read Full Article

Leadership Change at Wimm-Bill-Dann Foods

  Leadership Change at Wimm-Bill-Dann Foods

Tony Maher, chief executive of Wimm-Bill-Dann Foods, will leave the Russian dairy and food group on May 1st 2011. His decision to step down as chief executive follows the successful conclusion of the landmark sale of Wimm-Bill-Dann Foods to PepsiCo. An announcement on Tony Maher’s successor will be made in the coming weeks.
“The last five […]

Read Full Article

Surge in Sales at PepsiCo

  Surge in Sales at PepsiCo

Driven by gains across its worldwide snacks and beverage businesses, and from the acquisitions of its anchor bottlers earlier in the year, PepsiCo has reported a 34% surge in net revenue to $57.84b for 2010 with net income up 6% to $6.34b and ahead by 15% on a constant currency basis.
The successful integration of its […]

Read Full Article

PepsiCo Gains Russian Approval For Wimm-Bill-Dann Acquisition

  PepsiCo Gains Russian Approval For Wimm-Bill-Dann Acquisition

PepsiCo has received Russian regulatory clearance for its acquisition of 66% of Wimm-Bill-Dann Foods, Russia’s leading branded food and beverage company, for $3.8b. The US-based soft drinks and snack foods giant now plans to close the acquisition on or about February 8th, 2011. After closing the acquisition agreement, PepsiCo will own approximately 77% of the […]

Read Full Article

PepsiCo to Acquire 66% of Wimm-Bill-Dann For $3.8 Billion

  PepsiCo to Acquire 66% of Wimm-Bill-Dann For $3.8 Billion

PepsiCo is acquiring a 66% stake in Wimm-Bill-Dann Foods, Russia’s leading branded food and beverages company, for $3.8b, pending the required government approvals. Wimm-Bill-Dann is a leader in both traditional and value-added dairy products, with a solid position in juice.
The transaction will establish PepsiCo as the largest food-and-beverage business in Russia, make it a leader […]

Read Full Article

United Biscuits Sale Talks End

  United Biscuits Sale Talks End

The exclusive talks to acquire United Biscuits, the British and international biscuits and snacks manufacturer, between its owners and Chinese food conglomerate Bright Food Group are reported to have ended with no formal offer forthcoming. The co-owners of United Biscuits, private equity firms Blackstone Group and PAI Partners, have now opened talks with other potential […]

Read Full Article

PepsiCo Continues to Invest Heavily in Emerging Markets

  PepsiCo Continues to Invest Heavily in Emerging Markets

Having recently unveiled plans to invest $140m to build its tenth plant in Russia as part of a $1b investment programme in the country, PepsiCo has announced that it will construct a $73m beverage facility in Vietnam. The move marks the first phase of a $250m investment programme in Vietnam. The new plant in the […]

Read Full Article

PepsiCo Plans to Revolutionise its Farming with New i-crop Technology

  PepsiCo Plans to Revolutionise its Farming with New i-crop Technology

PepsiCo plans to roll-out globally its new i-crop farming technology that will enable the soft drinks and snacks group’s farmers around the world to monitor, manage and reduce their water use and carbon emissions, while also maximizing potential yield and quality. The web-based crop management system was developed by PepsiCo in conjunction with Cambridge University […]

Read Full Article

PepsiCo Plans to Invest $140 Million in New Beverage Plant in Russia

  PepsiCo Plans to Invest $140 Million in New Beverage Plant in Russia

Global soft drinks and snacks giant PepsiCo plans to invest $140m to build its tenth plant in Russia. The new plant will be constructed in the city of Azov, where the company recently completed a snacks plant.
Indra Nooyi, chairman and chief executive of PepsiCo.
Both plants in Azov are part of PepsiCo’s $1b investment programme in […]

Read Full Article

Estrella Maarud Joins Savoury Snacks Industry Pledge

Estrella Maarud, a leading, Norwegian-owned manufacturer of savoury snacks for the Nordic and Baltic markets, has decided to join the advertising pledge recently launched by the European Snacks Association (ESA). In April, ESA announced its support for the EU Pledge, whereby member companies are committed to changing food and beverage advertising on TV, print and […]

Read Full Article

Campbell Considering Bid For United Biscuits

  Campbell Considering Bid For United Biscuits

US-based Campbell, the world’s largest soup company, is reported to be preparing a £1.5b break-up bid for United Biscuits, the British and international biscuits and snacks manufacturer. Campbell’s interest is in the biscuits part of United Biscuits, which includes the McVitie’s, Penguin, Jaffa Cakes and HobNobs brands. United Biscuits is also a major snacks manufacturer […]

Read Full Article

PepsiCo and Senomyx Enter Into Collaboration to Discover, Develop and Commercialize New Sweet Flavor Ingredients

  PepsiCo and Senomyx Enter Into Collaboration to Discover, Develop and Commercialize New Sweet Flavor Ingredients

PepsiCo, the world’s second-largest food and beverage business, and Senomyx, Inc., a leading company focused on using proprietary technologies to discover and develop novel flavor ingredients for the food, beverage, and ingredient supply industries, announced today that they have entered into a four-year collaborative agreement related to Senomyx’s sweet-taste technology.
PepsiCo’s collaboration with Senomyx will focus […]

Read Full Article


Food & Drink Business Conference & Exhibition 2016

Upcoming Events

  • September 19, 2017PROCESS EXPO 2017
  • September 22, 2017Global Summit on Food & Beverages
  • September 26, 2017FHM2017
  • September 26, 2017POWTECH
AEC v1.0.4

Jobs: Food Packaging

Jobs: New Product Development

Jobs: Finance

Jobs: Project Management

Jobs: Logistics

find food jobs

The Magazine

F&D Business Preferred Suppliers

New Subscriber





Subscribe Here



Advertisements