PepsiAmericas to Acquire Northeast Arkansas Dr Pepper Franchise Rights

January 14, 2004 06:00 PM US Eastern Timezone

PepsiAmericas to Acquire Northeast Arkansas Dr Pepper Franchise Rights

MINNEAPOLIS--(BUSINESS WIRE)--Jan. 14, 2004--PepsiAmericas, Inc. (NYSE:PAS) today announced that it would acquire the Dr Pepper franchise rights for a 13-county area in northeast Arkansas. PepsiAmericas will acquire the rights from the Dr Pepper Bottling Company of Paragould, Inc, which has owned the Dr Pepper franchise in this area since 1929.


"This is an important enhancement to our existing operations in northeast Arkansas," said Kenneth Keiser, PepsiAmericas' President and COO. "The addition of these strong Dr Pepper brands to our Pepsi portfolio will help us better serve our customers in that region."

The 13 Arkansas counties will be serviced from PepsiAmericas' existing facilities located in Jonesboro, Ark., and Batesville, Ark.

Terms of the transaction, which is expected to close near the end of January, were not disclosed.

PepsiAmericas is the number-two anchor bottler in the Pepsi system with operations in 18 states, Poland, Hungary, the Czech Republic and Republic of Slovakia as well as Puerto Rico, Jamaica, the Bahamas, Barbados, Trinidad and Tobago. For more information about PepsiAmericas, please visit www.pepsiamericas.com.


Logos, product and company names mentioned are the property of their respective owners.

Reader Comments:

Be the first to leave a comment for this article

Tweet