Varun Bev gets PepsiCo's franchised sub-territory in J'khand

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.