Beverages: Refresco CEO Roelofs retires:
The Dutch beverage company Refresco needs a new boss: Long-time CEO Hans Roelofs has announced his retirement later this ...
lebensmittelzeitung.net/industrie/personalien/getraenke-refresco-chefroelofs-zieht-sich-zurueck-185065
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Paid articlePaywallKey FactsPepsiCo Shifts Bottling to Own Facility in Germany
Dec 15, 2023 · Reading time: ~30 sec.
Summary created with AI assistance · Source: lebensmittelzeitung.net
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.
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