Carlsberg Buys PepsiCo Bottlers
Danish brewer Carlsberg has agreed to acquire PepsiCo bottling operations in Georgia and Armenia. The transactions expand the companies partnership across the region. Financial terms were not disclosed by Carlsberg.
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CARLSBERG-A agreed on Monday morning to buy PEPSICO INC's bottling operations in Georgia and Armenia for an undisclosed sum. The acquisition expands the Denmark-based brewer's soft drinks partnership with the United States beverage giant to 17 markets. The move deepens Carlsberg's non-alcoholic beverage exposure across the region.
