Varun Beverages to invest Rs 412 cr in South African subsidiary

Varun Beverages Ltd (VBL), the leading bottler of PepsiCo, announced to invest Rs 412 crore in its South African subsidiary Beverage Company Proprietary (Bevco). Bevco, an existing subsidiary of our VBL, is engaged in the business of manufacturing and distribution of licensed products from PepsiCo and also own-branded non-alcoholic beverages in South Africa. Besides Bevco […]