Pepsi closes on California bottler acquisition
Pepsi closes on California bottler acquisition
Pepsi closes on California bottler acquisition
Pepsi Beverages Co., a unit of snack food and soft drink maker PepsiCo Inc., on Monday closed its acquisition of California bottler Pepsi-Cola Bottling Co. of Yuba City Inc.
Terms of the deal were not disclosed.
The Pepsi-Cola franchised bottler serves parts of northern California.
The transaction was previously announced by Pepsi Bottling Group, which PepsiCo purchased along with bottler PepsiAmericas in a $7.8 billion deal in February. The companies are PepsiCo's two largest North American bottlers.
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