Pepsi Beverages Company

PepsiAmericas History

On November 30, 2000, Pepsi-Cola General Bottlers and PepsiAmericas, the second- and third-largest U.S.-based Pepsi bottlers, merged under the name PepsiAmericas to become the second-largest Pepsi-Cola anchor bottler in the world.

PepsiAmericas produced, sold and delivered more than 200 different beverages to 200 million consumers in 17 countries around the globe.

Beginning a trend that would propel PepsiAmericas' growth strategy, in 2004, the company purchased Central Investment Corporation, an acquisition that effectively expanded the PepsiAmericas' U.S. operations into Florida and in contiguous territories in Ohio. In 2006, the company acquired the Pepsi bottler in Romania and, one year later, partnered with PepsiCo in a joint acquisition of Sandora, the largest juice manufacturer in Ukraine.

By the close of the decade, PepsiAmericas had nearly 18,800 employees, was generating $4.4 billion in annual revenue and accounted for approximately 19% of all the Pepsi products sold in the U.S.

Pepsi Bottling Group History

The Pepsi Bottling Group (PBG) was formed in 1999 after being spun off from PepsiCo in what was then one of the largest initial public offerings in the history of the New York Stock Exchange. With operations in the U.S., Canada, Spain, Greece and Russia, PBG became the world's largest manufacturer, seller and distributor of Pepsi beverages.

In 2002, PBG further expanded its international footprint by acquiring Pepsi-Gemex, the largest Pepsi bottler in Mexico, as well as Fruko, the exclusive Pepsi bottler in Turkey. In 2007, PBG and PepsiCo formed a joint venture in Russia to capitalize on growth opportunities in the Russian market. The following year, PBG and PepsiCo acquired Lebedyansky, Russia's number one juice company.

PBG nearly doubled its revenue and its workforce during its ten years as a publicly traded company, finishing 2009 with annual sales of more than $13 billion and approximately 65,000 employees. It handled nearly 60 percent of PepsiCo's beverage volume in the U.S. and 40 percent internationally.