Varun Beverages Acquires South Africa’s Bevco for Rs 1,320 Crore to Expand African Presence
Varun Beverages Ltd (VBL), PepsiCo’s largest franchise bottler, has announced the acquisition of South Africa-based Beverage Company (Bevco) and its subsidiaries at an enterprise value of Rs 1,320 crore. The strategic move aims to bolster...