Does Pepsi Own Quaker Oats?
Pepsico Began Making Strategic Acquisitions Beyond the Beverage Market in 1965 When It Purchased Frito-Lay. in 2001, Pepsi Acquired Quaker Oats for $13.8...
PepsiCo began making strategic acquisitions beyond the beverage market in 1965 when it purchased Frito-Lay. In 2001, Pepsi acquired Quaker Oats for $13.8 billion. Pepsi purchased Tropicana in 1998 in what was its largest acquisition to date.
What brands do Pepsi own?
As of 2015, 22 PepsiCo brands met that mark, including: Pepsi, Diet Pepsi, Mountain Dew, Lay's, Gatorade, Tropicana, 7 Up, Doritos, Brisk, Quaker Foods, Cheetos, Mirinda, Ruffles, Aquafina, Naked, Kevita, Propel, Sobe, H2oh, Sabra, Starbucks (ready to Drink Beverages), Pepsi Max, Tostitos, Sierra Mist, Fritos, Walkers, ...
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Why did Pepsi buy Quaker Oats?
Pepsi bought Quaker mostly for Gatorade, a $2 billion-a-year sports drink. ... But the purchase also saddles the Purchase, N.Y. -based soft drink company with the company's food business--a slow-growth liability that caused Coca-Cola to spit Quaker out like so much unsweetened oatmeal.