Pepsi Bottling Ventures (PBV) has completed its acquisition of Pepsi-Cola Roxboro, a franchise bottler based in North Carolina, US.
Also headquartered in North Carolina, PBV is the largest privately held manufacturer, seller and distributor of Pepsi-Cola beverages in North America.
The acquisition of the Roxboro bottler expands Pepsi Bottling Ventures’ distribution and sales territory to the North Carolina counties of Caswell, Person, Granville and Orange.
Outside of North Carolina, PBV also has distribution locations in South Carolina, Maryland and Delaware.
“We are very excited to be a part of the historic Roxboro community,” said Pepsi Bottling Ventures president and CEO, Paul Finney.
“Pepsi-Cola Roxboro has serviced the region with great integrity for many decades and has strong ties to the local community. We look forward to building on their legacy and are eager to bring new customers into the PBV family and introduce new beverage brands to their consumers.”
The financial terms of the Pepsi-Cola Roxboro acquisition have not been disclosed.
Last year, Ventures Food and Beverage, an accelerator group within Pepsi Bottling Ventures, announced that it was reintroducing the Orangina soft drink to the North American market.
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