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Beverages: PepsiCo terminates bottling contracts with Refresco Germany
Key FactsPepsiCo Shifts Bottling to Own Facility in Germany
Dec 15, 2023 · Reading time: ~30 sec.
Summary created with AI assistance · Source: lebensmittelzeitung.net
  • PepsiCo will terminate its bottling agreements with Refresco Germany as of January 1, 2024, after six years of partnership.

  • Declining volumes of brands like Pepsi and Lipton have prompted PepsiCo to consolidate production in its Nieder-Roden facility.

  • Germany's market importance for PepsiCo has diminished, with revenue contributing only about 0.5% to the global total.

  • Refresco is expanding into oat drink bottling with a new plant in Saxony-Anhalt and has secured new contracts with Aldi.