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Varun Beverages today said it has acquired PepsiCo India's previously franchised sub-territory in Jharkhand along with a manufacturing facility.
"The company has concluded the acquisition of PepsiCo India's previously franchised sub-territory in Jharkhand along with one manufacturing unit at Jamshedpur," it said in a BSE filing.
PepsiCo India's bottling partner Varun Beverages is now a franchisee for PepsiCo products across 21 states and 2 Union Territories.
Shares of Varun Beverages were trading 0.68 per cent lower at Rs 605 apiece on BSE.
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)
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