PepsiCo Confirms Completion of Mergers with its Two Largest Bottlers

PURCHASE, N.Y., Feb. 26 /PRNewswire-FirstCall/ -- PepsiCo, Inc. (NYSE: PEP) confirmed today that it has completed its mergers with its two largest bottlers, The Pepsi Bottling Group, Inc. and PepsiAmericas, Inc., as expected.  PepsiCo will formally announce details regarding the merged companies on Monday, March 1.

About PepsiCo

PepsiCo offers the world's largest portfolio of billion-dollar food and beverage brands, including 19 different product lines that each generates more than $1 billion in annual retail sales. Our main businesses - Frito-Lay, Quaker, Pepsi-Cola, Tropicana and Gatorade - also make hundreds of other nourishing, tasty foods and drinks that bring joy to our consumers in more than 200 countries. With annualized revenues of nearly $60 billion, PepsiCo's people are united by our unique commitment to sustainable growth, called Performance with Purpose. By dedicating ourselves to offering a broad array of choices for healthy, convenient and fun nourishment, reducing our environmental impact, and fostering a diverse and inclusive workplace culture, PepsiCo balances strong financial returns with giving back to our communities worldwide. In recognition of its continued sustainability efforts, PepsiCo was named for the third time to the Dow Jones Sustainability World Index (DJSI World) and for the fourth time to the Dow Jones Sustainability North America Index (DJSI North America) in 2009. For more information, please visit www.pepsico.com.

SOURCE PepsiCo, Inc.