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PepsiCo and AQUA Carpatica Announce Strategic Relationship

PR Newswire - Tue Aug 2, 2022

Premium water brand will round out PepsiCo's portfolio of offerings in Europe with plans to expand globally

PURCHASE, N.Y., Aug. 2, 2022 /PRNewswire/ -- PepsiCo, Inc. (NASDAQ: PEP) announced it has entered into a strategic agreement with premium Romanian spring water AQUA Carpatica under which PepsiCo will own a 20 percent equity stake in AQUA Carpatica. Under the agreement, PepsiCo will have rights to distribute the spring water in Romania and in Poland with opportunities to expand into other markets, including the United States.

Read more at prnewswire.com

Provided Content: Content provided by PR Newswire. The Globe and Mail was not involved, and material was not reviewed prior to publication.

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