Business in the Burbs

Pepsi Bottling to buy Texas bottler

March

Pepsi Bottling Group Inc., the world’s largest distributor of Pepsi products, said that it agreed to buy Better Beverages, Ltd., a Pepsi and Dr Pepper bottler in central Texas. Better Beverages, which employs 180 workers, serves markets in 20 Texas counties.

Financial details of the acquisition were not disclosed. Somers-based Pepsi Bottling said that it expected to complete the acqusition during the second quarter.

“We continue to make investments that will expand our business in ways that both strengthen our ability to meet the needs of our customers and enhance our long-term growth prospects,” Pepsi Bottling Chairman and Chief Executive Officer Eric Foss said in a written statement.

This entry was posted on Tuesday, March 31st, 2009 at 11:49 am by Jay Loomis. You can follow any responses to this entry through the RSS 2.0 feed.
Category: Acquisitions

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