PepsiCo Agrees to Acquire Amacoco, Brazil’s Largest Coconut Water Company
PURCHASE, N.Y., Aug. 12 /PRNewswire-FirstCall/ — PepsiCo, Inc. (NYSE: PEP) announced today it has agreed to acquire Amacoco Nordeste Ltda. and Amacoco Sudeste Ltda. (Amacoco), Brazil’s largest coconut water company. The agreement is the most recent step in PepsiCo’s strategic transformation of its beverage portfolio and marks the company’s entry into the fast-growing market for […]