The acquisition will expand Campbells portfolio of healthy beverages and provides significant presence in the rapidly growing market for packaged fresh foods.
The plant, which is PepsiCo's sixth food manufacturing site in its Greater China Region, is part of the company's plans to drive the continued growth of its China business.
The combined company would lead the global beer industry with roughly 400 million hectoliters of beer volume annually and 2012 estimated revenues of $47 billion. Its operations would span 24 countries with enhanced opportunities for 150,000 employees across the globe.
In 2012 consumer goods manufacturers need a new currency to fuel collaboration with retail trading partners.This new currency should be based on consumer and shopper insights that define win/win/win (consumer/retailer/manufacturer) ideas for mutual growth...