Varun Beverages on Friday said the company has acquired PepsiCo India’s previously franchised sub-territory in Jharkhand and a manufacturing facility in the state.
“The company has concluded the acquisition of PepsiCo India’s previously franchised sub-territory in the state of Jharkhand along with one manufacturing unit at Jamshedpur,” Varun Beverages said in a regulatory filing to the BSE.
The company is now a franchisee for PepsiCo products across 21 states and 2 union territories, it said.
