11/29/2023 0 Comments Alfred steeleThe Frito-Lay Company division is by far the world leader in salty snacks, holding a 40 percent market share and an even more staggering 56 percent share of the U.S. Three of its brands-Pepsi-Cola, Mountain Dew, and Diet Pepsi&mdashe among the top ten soft drinks in the U.S. Its Pepsi-Cola Company division is the second largest soft drink business in the world, with a 21 percent share of the carbonated soft drink market worldwide and 29 percent in the United States. is one of the world's top consumer product companies with many of the world's most important and valuable trademarks. market.ġ981: Frito-Lay introduces Tostitos tortilla chips.ġ986: The Kentucky Fried Chicken (KFC) chain is acquired.ġ997: Taco Bell, Pizza Hut, and KFC are spun off into a new company called Tricon Global Restaurants.ġ998: PepsiCo acquires Tropicana Products for $3.3 billion.ġ999: Pepsi Bottling Group is spun off to the public, with PepsiCo retaining a 35 percent stake.Ģ000: PepsiCo reaches an agreement to acquire the Quaker Oats Company for $13.4 billion. Guth.ġ933: The size of Pepsi bottles is doubled, increasing sales dramatically.ġ936: Pepsi-Cola Company becomes a subsidiary of Loft.ġ939: First national radio advertising of the Pepsi brand.ġ941: Loft and Pepsi-Cola merge, the new firm using the name Pepsi-Cola Company.ġ964: Diet Pepsi debuts Mountain Dew is acquired from Tip Corporation.ġ965: Pepsi-Cola merges with Frito-Lay to form PepsiCo, Inc., with the two predecessors becoming divisions.ġ967: Frito-Lay introduces Doritos tortilla chips to the national U.S. Megargel reorganizes the firm as the National Pepsi-Cola Company.ġ931: Company again goes bankrupt and is resurrected by the president of Loft Inc., Charles G. Bradham begins selling a cola beverage called Pepsi-Cola.ġ905: Bradham begins establishing a network of bottling franchises.ġ928: Roy C. We believe our commercial success depends upon offering quality and value to our consumers and customers providing products that are safe, wholesome, economically efficient and environmentally sound and providing a fair return to our investors while adhering to the highest standards of integrity.ġ898: Pharmacist Caleb D. We do this through sales growth, cost controls and wise investment of resources. PepsiCo's overall mission is to increase the value of our shareholder's investment. NAIC: 311411 Frozen Fruit, Juice, and Vegetable Manufacturing 311919 Other Snack Food Manufacturing 311821 Cookie and Cracker Manufacturing 311930 Flavoring Syrup and Concentrate Manufacturing 312111 Soft Drink Manufacturing 312112 Bottled Water Manufacturing Stock Exchanges: New York Chicago Swiss Amsterdam Tokyo
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