PepsiAmericas, Inc. was the world's second-largest bottler of

Pepsi-Cola Pepsi is a Carbonated water, carbonated soft drink with a cola flavor, manufactured by PepsiCo which serves as its flagship product. In 2023, Pepsi was the second most valuable soft drink brand worldwide behind Coca-Cola; the two share a long ...

products, under contract with product owner

PepsiCo PepsiCo, Inc. is an American multinational corporation, multinational food, snack, and beverage corporation headquartered in Harrison, New York, in the hamlet of Purchase, New York, Purchase. PepsiCo's business encompasses all aspects of the f ...

. PepsiAmericas also held contracts to produce beverages for

Dr Pepper Snapple Group Dr Pepper Snapple Group was an American multinational soft drink company based in Plano, Texas. Since July 2018, it is a business unit of the publicly-traded conglomerate Keurig Dr Pepper. Formerly Cadbury Schweppes Americas Beverages, part of ...

and smaller regional brands. PepsiAmericas had 19 bottling plants in the United States and had a presence in 11 countries in Central/Eastern Europe and 5 countries in the Caribbean. PepsiAmericas was based in

Minneapolis Minneapolis is a city in Hennepin County, Minnesota, United States, and its county seat. With a population of 429,954 as of the 2020 United States census, 2020 census, it is the state's List of cities in Minnesota, most populous city. Locat ...

Minnesota Minnesota ( ) is a U.S. state, state in the Upper Midwestern region of the United States. It is bordered by the Canadian provinces of Manitoba and Ontario to the north and east and by the U.S. states of Wisconsin to the east, Iowa to the so ...

. By early 2009, PepsiCo held a 41.1% stake in the PepsiAmericas. On April 20, 2009, PepsiCo offered to buy the remaining portion of PepsiAmericas, at an offer of $23.27 – or $11.64 plus 0.223 PepsiCo shares – in exchange for each PepsiAmericas share. In August 2009, PepsiCo also made an offer for

Pepsi Bottling Group The Pepsi Bottling Group, Inc. was the world's largest bottler of Pepsi-Cola beverages. PBG sales of Pepsi-Cola beverages accounted for more than one-half of the Pepsi-Cola beverages sold in the United States and Canada and about 40 percent worl ...

, the world's largest bottler of Pepsi-Cola products. On February 26, 2010, after regulatory review, PepsiCo's acquisitions of the two bottling companies was completed, forming a new, wholly owned subsidiary, the Pepsi Beverages Company.

History

In 2000, Whitman Corp., a Pepsi bottler, purchased PepsiAmericas and took the acquired company's name. Whitman was founded as the

Illinois Central Railroad The Illinois Central Railroad , sometimes called the Main Line of Mid-America, is a railroad in the Central United States. Its primary routes connected Chicago, Illinois, with New Orleans, New Orleans, Louisiana, and Mobile, Alabama, and thus, ...

. It later diversified out of railroads and into Pepsi bottling, going by the names Illinois Central Industries in 1962, IC Industries in 1975 and Whitman Corp. in 1988.Profile of Whitman Corporation
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References

External links

PepsiAmericas, Inc.

Company profile
at answers.com. Defunct companies based in Minneapolis Drink companies of the United States Illinois Central Railroad Food and drink companies established in 1962 Food and drink companies disestablished in 2010 PepsiCo bottlers 1962 establishments in Minnesota 2010 disestablishments in Minnesota {{food-company-stub