
PepsiCo has joined forces with Grupo Embotelladoras Unidas to create a nationwide beverage company in Mexico.
The joint venture will combine PepsiCo’s beverage manufacturing and distribution operations in Mexico with those of GEUSA, a subsidiary of GEUPEC. Empresas Polar, the largest food and beverage company in Venezuela and a longtime leading bottler of Pepsi-Cola products in that country, will have an equity stake in the joint venture.