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    Varun Beverages gets PepsiCo's franchised sub-territory in Jharkhand

    Synopsis

    Bottling partner of PepsiCo has got franchisee rights for all products of the soft drink major across 21 states and two union territories.

    PTI
    New Delhi: Varun Beverages today said it has acquired PepsiCo India's previously franchised sub-territory in Jharkhand along with a manufacturing facility.
    "The company has concluded the acquisition of PepsiCo India's previously franchised sub-territory in Jharkhand along with one manufacturing unit at Jamshedpur," it said in a BSE filing.

    PepsiCo India's bottling partner Varun Beverages is now a franchisee for PepsiCo products across 21 states and 2 Union Territories.

    Shares of Varun Beverages were trading 0.68 per cent lower at Rs 605 apiece on BSE.


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