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PepsiCo to acquire Britvic plc in cash deal

PUBLIC · PEPMay 19, 2026

Acquiring Company

PepsiCo

Acquired Company

Britvic

PurchaseHertfordFood and BeverageFood And BeverageHospitalityFood ProcessingFood and BeverageHospitality

Description

PepsiCo has agreed to a multibillion-pound all-cash takeover of Britvic plc, solidifying its position in the global beverage market. The deal follows earlier rejected bids and reflects a significant premium on Britvic's valuation. With this acquisition, PepsiCo aims to enhance its soft-drinks portfolio, particularly in the UK and European markets. The transaction highlights Britvic's strong brand presence and strategic partnership with PepsiCo.

Quick answer

PepsiCo is acquiring Britvic, announced May 19, 2026. PepsiCo is based in Purchase, New York, United States.

How much did PepsiCo pay for Britvic?
The deal value was not disclosed.
What does PepsiCo do?
PepsiCo products are enjoyed by consumers more than one billion times a day in more than 200 countries and territories around the world.
Where are PepsiCo and Britvic based?
PepsiCo is based in Purchase, New York, United States. Britvic is based in Hertford, Hertfordshire, United Kingdom.
Who are the decision-makers at PepsiCo?
Fundz holds 3 contacts at PepsiCo. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

PepsiCo

Location

700 Anderson Hill Rd

Purchase, New York, United States

About

PepsiCo products are enjoyed by consumers more than one billion times a day in more than 200 countries and territories around the world. PepsiCo generated more than $70 billion in net revenue in 2020, driven by a complementary food and beverage portfolio that includes Frito-Lay, Gatorade, Pepsi-Cola, Quaker, Tropicana, and SodaStream. PepsiCo's product portfolio includes a wide range of enjoyable foods and beverages, including 23 brands that generate more than $1 billion each in estimated annual retail sales. Guiding PepsiCo is our vision to Be the Global Leader in Convenient Foods and Beverages by Winning with Purpose. "Winning with Purpose" reflects our ambition to win sustainably in the marketplace and embed purpose into all aspects of our business strategy and brands. For more information, visit www.pepsico.com.

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Frequently asked

Who acquired Britvic?

Britvic was acquired by PepsiCo, based in Purchase. The deal was reported on May 19, 2026. PepsiCo products are enjoyed by consumers more than one billion times a day in more than 200 countries and territories around the world. PepsiCo is publicly traded (PEP) and operates in Food and Beverage.

When did PepsiCo acquire Britvic?

PepsiCo's acquisition of Britvic was reported on May 19, 2026. PepsiCo has agreed to a multibillion-pound all-cash takeover of Britvic plc, solidifying its position in the global beverage market. The deal follows earlier rejected bids and reflects a significant premium on Britvic's valuation. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Britvic do?

Britvic is a leading soft drinks company, with operations in mainland Europe and export markets. The company is dedicated to developing and delivering growth ambitions for its international business. It is privately held, operating in Food and Beverage, and is based in Hertford.

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