PepsiAmericas
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| Type | Public |
|---|---|
| Industry | Beverage distribution |
| Headquarters | Minneapolis, Minnesota, USA |
| Key people | Robert C. Pohlad, Chairman & CEO |
| Products |
Pepsi Sunny Delight Hawaiian Punch Lipton Dr. Pepper (for Dr Pepper Snapple Group) Country Time Lemonade (for Dr Pepper Snapple Group) Frappuccino (for Starbucks) |
| Revenue | $4.5 billion USD (2007) |
| Website | www.pepsiamericas.com |
PepsiAmericas, Inc. was the world's second-largest bottler of Pepsi-Cola products, and also contracted to produce beverages for Dr Pepper Snapple Group and smaller regional brands. PepsiAmericas had 19 bottling plants in the United States and had a presence in 11 countries in Central/Eastern Europe and 5 countries in the Caribbean. PepsiAmericas was based in Minneapolis, Minnesota. PepsiCo, Inc. held a 41.1% stake in the company.
On April 20, 2009, PepsiCo offered to buy the remaining portion of PepsiAmericas it did not currently own, at an offer of $23.27 per share (or $11.64 in cash in addition to 0.223 PepsiCo shares, in exchange for each PepsiAmericas share).[1] After facing regulatory review, PepsiCo's acquisitions of PepsiAmericas and another major Pepsi bottler, the Pepsi Bottling Group, were completed on February 26, 2010, forming a new, wholly owned subsidiary, the Pepsi Beverages Company.
Management
- Robert C. Pohlad – Chairman and Chief Executive Officer
- Kenneth E. Keiser – President and Chief Operating Officer, Worldwide
- Alexander H. Ware – Executive Vice-President and Chief Financial Officer
- Michael Durkin – Executive Vice-President, PAS U.S. Operations
- James R. Rogers – Senior Vice-President, PAS International Operations
- Matthew E. Carter – Senior Vice-President, Strategy and Corporate Development
- Jay S. Hulbert – Senior Vice-President, Worldwide Supply Chain
- Anne D. Sample – Senior Vice-President, Human Resources
History
In 2000, Whitman Corp., a Pepsi bottler, purchased PepsiAmericas and took the acquired company's name.[2] Whitman was originally founded as the Illinois Central Railroad. It later diversified out of railroads and into Pepsi bottling, going by the names Illinois Central Industries in 1962, IC Industries in 1975 and Whitman Corp. in 1988.[3]
Monday, March 1, 2010 marked day one for employees at PepsiAmericas and Pepsi Bottling Group to be a part of PepsiCo's, Pepsi Beverages Company. On Day one, many employees attended a meeting which discussed some of the new aspects PBC would bring. It has been stated that not too much will change over the course of year one. Instead of a sudden change, the idea will be to slowly change things to Pepsico standards.
References
External links
- PepsiAmericas, Inc.
- Company profile at answers.com.
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