An Oregon-based inventor has filed a complaint in a federal court in Illinois accusing PepsiCo of patent infringement by using his patented packaging designs in its Gatorade G Series pouches.
Stevia-sweetened fruit drink Trop50 has been the runaway success story in PepsiCo’s US beverages business this year with volumes of the mid-calorie beverage up 50% in the third quarter, PepsiCo has revealed.
PepsiCo has agreed to sell its majority 41.5 per cent stake in Thai soft drinks and bottling firm Serm Suk (SSC), after ThaiBev (THBEV) announced plans to acquire the latter for $548m last week.
Early feedback from trials of Pepsi Next - PepsiCo’s third attempt to create a successful mid-calorie cola - has been “very favorable”, bosses have revealed.
Zein Abdalla, the PepsiCo executive who oversaw the acquisition of Wimm-Bill-Dann last year as CEO of PepsiCo Europe, has been elected as the new president of the Union of European Beverages Associations (UNESDA).
The Coca-Cola Company and PepsiCo have settled a trademark lawsuit over PepsiCo’s Trop50 juice packaging design, which Coca-Cola had claimed was too similar to that of its Simply juice range.
PepsiCo has beaten analyst expectations for first quarter profits but Morning Star analyst Philip Gorham believes that in beverages Coca-Cola is recovering better from the recession.
PepsiCo filed for trademarks for three new mid-calorie soft drinks in late January and early February – Pepsi Next, Mtn Dew Next, and Sierra Mist Next, according to trademark office records.
The new PepsiCo plant bottle appears to tick all the “green” boxes for a disposable drinks bottle but the innovation should not be taken too seriously until it arrives on shelves.
The Coca-Cola Company has been granted a preliminary trial date in June 2011 to challenge PepsiCo over its Trop50 juice packaging design, which Coca-Cola claims is too similar to that of its Simply juice range.
When PepsiCo put up $5.4bn last week to acquire Wimm-Bill-Dann, it was seduced by the promise of high revenue growth but like any high-yield investment the Russian deal does not come without risks.
PepsiCo has revealed its intention to buy 66 per cent of Wimm-Bill-Dann Foods for $3.8bn with plans to acquire the remaining shares following completion of the initial deal.
Sierra Mist Natural, PepsiCo’s reformulated carbonated soft drink product, may indicate a swing towards the use of sugar instead of high fructose corn syrup, say two industry analysts.
California-based flavor firm Senomyx has entered into a four-year partnership with PepsiCo in order to develop sweetness enhancers and natural high-intensity sweeteners for new PepsiCo products.
California-based flavor firm Senomyx has signed a letter agreement with PepsiCo to negotiate a deal for the development and commercialization of new sweet taste technology, Senomyx said on Thursday.
PepsiCo plans to invest $2.5bn over the next three years in China as the company turns towards the less developed central and western areas of the country for growth opportunities.
Food and beverage behemoth PepsiCo pledges to cut fat, salt and sugar across key global brands over the next ten years as demand for health-positioned products gains momentum and the Frito-Lay maker underlines wellness to deliver long-term growth.
PepsiCo has agreed to set up a ‘Chinese wall’ to ensure that the acquisition of its two largest bottlers does not jeopardise competition with rival Dr Pepper Snapple.
Unlike Coca-Cola which has recently introduced a mini can in the US to encourage healthier drinking habits, Britvic and PepsiCo are increasing their bottle sizes in the UK for the same reason.
The Pepsi Bottling Group (PBG), which is being bought out by PepsiCo, has published flat full year sales figures as volumes declined sharply in Europe and Mexico.
Beverage giant PepsiCo is to acquire Brazil’s leading coconut water company, as part of a bid to transform its beverage portfolio towards more healthful products.
PepsiCo Inc has agreed the takeover of two of its bottle makers in a deal worth $7.8bn that will see the consolidation of 80 per cent of its North American beverage volume.
International sales have bolstered the second quarter performance of both Coca-Cola and PepsiCo, indicating that there still fizz in the soft drink market.
PepsiCo’s failed attempt to acquire outstanding shares in two of its bottling groups could be heading to court after it filed suit against one of the parties it alleges kept some of its affiliated directors in the dark at recent board meetings.
The two beverage giants Coca-Cola and PepsiCo will be driving their brands forward rather than shrinking back in the years ahead, treating the recession as a period for growth, says beverage analyst James Tonkin.
PepsiCo has tabled a move to purchase two of its largest global bottling companies as part of plans to streamline and strengthen distribution of its products in markets like North America, according to the company.
All natural refrigeration systems in Pepsi-Cola vending machines will be trialed this month in Washington DC, as the company seeks to reduce its environmental footprint.
PepsiCo’s energy efficiency initiatives have resulted in a massive reduction in greenhouse gas emissions, and slashed the firm’s costs by $90m last year alone.
This week, PepsiCo is reportedly India bound to boost its beverage sales, Refresco looks to expand into European juice making and a beer with a Viking heritage comes into trouble over its branding.
This week, PepsiAmericas reports profit success following
developments in emerging markets, Adnams launches a green beer in
the UK, and InnoBev US forum plans to open its doors.
PepsiCo says that its hopes to jump-start its manufacturing
presence in the high growth soft drink markets of Eastern Europe
and Siberia with the acquisition of local group Sobol.
