About PepsiCo, Inc (PEP)

Company Description:

PepsiCo, Inc., a global food and beverage leader, operates in the provision of a diverse range of products including carbonated soft drinks, juices, snacks, and other food products. It is structured into six divisions: Frito-Lay North America, Quaker Foods North America, PepsiCo Beverages North America, Latin America, Europe, and Africa, Middle East and South Asia.

Founded by Caleb Bradham in 1898 originally as the Pepsi-Cola Company, it merged with Frito-Lay, Inc. to become PepsiCo in 1965. The multinational company has its headquarters in Purchase, New York, United States.

Main Product(s):

PepsiCo's vast portfolio includes a variety of carbonated soft drinks, such as the flagship Pepsi, diet Pepsi, and the Mountain Dew brand. Besides beverages, they are also known for popular snack food brands like Lay's, Doritos, and Quaker Oats.

Short History of PepsiCo, Inc:

• 1898 – Caleb Bradham created “Brad's Drink,” which became known as Pepsi-Cola.
• 1965 – Pepsi-Cola merged with Frito-Lay, Inc. to become PepsiCo.
• 1998 – PepsiCo acquired Tropicana Products.
• 2001 – The company merged with the Quaker Oats Company, bringing Gatorade into its product portfolio.
• 2010 – PepsiCo acquired its two largest bottlers, Pepsi Bottling Group and PepsiAmericas.
• 2021 – PepsiCo announced plans to double down on its energy drink portfolio with the acquisition of Rockstar Energy.