Categorized | News, Non-Alcoholic

Suntory to Sell Drinks in China Through PepsiCo Alliance

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Suntory Holdings Ltd. plans to sell beverages in China from next year through a distribution alliance with PepsiCo Inc., Suntory spokeswoman Aya Takemoto said.

The companies plan to sign a contract next month to allow two Suntory dairy products to be distributed through regional PepsiCo-affiliated sales companies, she said.

Suntory aims to increase Chinese beverage sales fivefold to 20 billion yen ($219 million) in 2012 from 2009 through the alliance with PepisCo, Nikkei English News reported earlier.

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Tuesday, October 24, 2:15 am

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