Pepsi pours $600m into Thailand
US soft drink maker PepsiCo said it will invest $600 million in Thailand until 2015 in a new bottling plant and in its own distribution system after the company quit its 58-year-long business partnership with bottler and distributor Serm Suk Plc.
Pepsi-Cola (Thai) Trading has also appointed DHL Worldwide Express Inc. as its new logistics and warehousing partner for Thailand.
“Thailand is a growth engine of PepsiCo’s Asia Pacific business and we are committed to investing in the market to drive our future success,” Pepsi-Cola (Thai) General Manager-Beverages Jagrut Kotecha said in a statement.
The company has signed contracts with wholesalers to distribute its soft drinks through trade channels including Tesco Lotus, Tops, 7-Eleven, Big C, Makro and FamilyMart.
US soft drink maker PepsiCo said it will invest $600 million in Thailand until 2015 in a new bottling plant and in its own distribution system after the company quit its 58-year-long business partnership with bottler and distributor Serm Suk Plc. Pepsi-Cola (Thai) Trading has also appointed DHL Worldwide Express Inc. as its new logistics and warehousing partner for Thailand. "Thailand is a growth engine of PepsiCo's Asia Pacific business and we are committed to investing in the market to drive our future success," Pepsi-Cola (Thai) General Manager-Beverages Jagrut Kotecha said in a statement. The company has signed contracts with...
US soft drink maker PepsiCo said it will invest $600 million in Thailand until 2015 in a new bottling plant and in its own distribution system after the company quit its 58-year-long business partnership with bottler and distributor Serm Suk Plc.
Pepsi-Cola (Thai) Trading has also appointed DHL Worldwide Express Inc. as its new logistics and warehousing partner for Thailand.
“Thailand is a growth engine of PepsiCo’s Asia Pacific business and we are committed to investing in the market to drive our future success,” Pepsi-Cola (Thai) General Manager-Beverages Jagrut Kotecha said in a statement.
The company has signed contracts with wholesalers to distribute its soft drinks through trade channels including Tesco Lotus, Tops, 7-Eleven, Big C, Makro and FamilyMart.