RJ Corp-owned firm is already running PepsiCo's bottling operations in the north and east.
The company has been associated with PepsiCo for more than 27 years, accounting for 80% of the US firm's beverage sales volume in India.
The deal will increase Varun Beverages’ stake in Lunarmech to 55%.
Varun Beverages Limited (VBL) is one of the largest franchisee of PepsiCo worldwide.
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The company posted a revenue of Rs 1,095 crore in the year-on period.
Spread over 41 acres, the integrated facility will be producing PepsiCo's Tropicana range of fruit juices, dairy-based products, carbonated soft…
Varun Beverages' Q3FY19 total expenses also moved up to Rs 904 crore against Rs 661 crore in the same period.
This development makes VBL national bottling partner for PepsiCo.
The company plans to set-up a greenfield production facility to create in-house production capacity for Tropicana fruit juices, Quaker Oats milk-…
PepsiCo India's bottling partner Varun Beverages is now a franchisee for PepsiCo products across 21 states and 2 Union Territories
On BSE, 24,000 shares were traded on the counter so far as against the average daily volumes of 6,682 shares in the past two weeks.
The case was registered by the designated officer of food safety, Haridwar district who found that the samples of the company’s aerated orange drink…
Varun Beverages holds bottling and distribution franchise rights from PepsiCo for a number of territories across India, Nepal, Sri Lanka and Africa.
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