PepsiAmericas
Encyclopedia
PepsiAmericas, Inc. was the world's second-largest bottler
of Pepsi-Cola products, and also contracted to produce beverages for Dr Pepper Snapple Group
and smaller regional brands. PepsiAmericas had 19 bottling plants in the United States and had a presence in 11 countries in Central/Eastern Europe and 5 countries in the Caribbean. PepsiAmericas was based in Minneapolis, Minnesota
. PepsiCo, Inc. held a 41.1% stake in the company.
On April 20, 2009, PepsiCo offered to buy the remaining portion of PepsiAmericas it did not currently own, at an offer of $23.27 per share (or $11.64 in cash in addition to 0.223 PepsiCo shares, in exchange for each PepsiAmericas share). After facing regulatory review, PepsiCo's acquisitions of PepsiAmericas and another major Pepsi bottler, the Pepsi Bottling Group, were completed on February 26, 2010, forming a new, wholly owned subsidiary, the Pepsi Beverages Company.
. It later diversified out of railroads and into Pepsi bottling, going by the names Illinois Central Industries in 1962, IC Industries in 1975 and Whitman Corp. in 1988.
Monday, March 1, 2010 marked day one for employees at PepsiAmericas and Pepsi Bottling Group to be apart of PepsiCo's, Pepsi Beverages Company. On Day one, many employees attended a meeting which discussed some of the new aspects PBC would bring. It has been stated that not too much will change over the course of year one. Instead of a sudden change, the idea will be to slowly change things to Pepsico standards.
Bottler
Bottler may refer to:*Bottling company, a company which mixes drink ingredients and fills up cans and bottles with the drink.*"Bottler" also a name used to describe truck bodies with roll-up side doors specifically designed to carry soda and/or beer bottles, and even propane tanks.*"Bottler" is...
of Pepsi-Cola products, and also contracted to produce beverages for Dr Pepper Snapple Group
Dr Pepper Snapple Group
Dr Pepper Snapple Group Inc. is an American soft drink company, based in Plano, Texas.It was spun off from Britain's Cadbury Schweppes, on May 5, 2008, with trading in its shares starting on May 7, 2008...
and smaller regional brands. PepsiAmericas had 19 bottling plants in the United States and had a presence in 11 countries in Central/Eastern Europe and 5 countries in the Caribbean. PepsiAmericas was based in Minneapolis, Minnesota
Minneapolis, Minnesota
Minneapolis , nicknamed "City of Lakes" and the "Mill City," is the county seat of Hennepin County, the largest city in the U.S. state of Minnesota, and the 48th largest in the United States...
. PepsiCo, Inc. held a 41.1% stake in the company.
On April 20, 2009, PepsiCo offered to buy the remaining portion of PepsiAmericas it did not currently own, at an offer of $23.27 per share (or $11.64 in cash in addition to 0.223 PepsiCo shares, in exchange for each PepsiAmericas share). After facing regulatory review, PepsiCo's acquisitions of PepsiAmericas and another major Pepsi bottler, the Pepsi Bottling Group, were completed on February 26, 2010, forming a new, wholly owned subsidiary, the Pepsi Beverages Company.
Management
- Robert C. Pohlad – Chairman and Chief Executive Officer
- Kenneth E. Keiser – President and Chief Operating Officer, Worldwide
- Alexander H. Ware – Executive Vice-President and Chief Financial Officer
- Michael Durkin – Executive Vice-President, PAS U.S. Operations
- James R. Rogers – Senior Vice-President, PAS International Operations
- Matthew E. Carter – Senior Vice-President, Strategy and Corporate Development
- Jay S. Hulbert – Senior Vice-President, Worldwide Supply Chain
- Anne D. Sample – Senior Vice-President, Human Resources
History
In 2000, Whitman Corp., a Pepsi bottler, purchased PepsiAmericas and took the acquired company's name. Whitman was originally founded as the Illinois Central RailroadIllinois Central Railroad
The Illinois Central Railroad , sometimes called the Main Line of Mid-America, is a railroad in the central United States, with its primary routes connecting Chicago, Illinois with New Orleans, Louisiana and Birmingham, Alabama. A line also connected Chicago with Sioux City, Iowa...
. It later diversified out of railroads and into Pepsi bottling, going by the names Illinois Central Industries in 1962, IC Industries in 1975 and Whitman Corp. in 1988.
Monday, March 1, 2010 marked day one for employees at PepsiAmericas and Pepsi Bottling Group to be apart of PepsiCo's, Pepsi Beverages Company. On Day one, many employees attended a meeting which discussed some of the new aspects PBC would bring. It has been stated that not too much will change over the course of year one. Instead of a sudden change, the idea will be to slowly change things to Pepsico standards.
External links
- PepsiAmericas, Inc.
- Company profile at answers.com.