PepsiCo reportedly is close to yogurt joint venture

10/13/2011 | Wall Street Journal, The

PepsiCo is in the final stages of forming a joint venture with German dairy company Theo Mueller Group that would involve launching a yogurt brand in the U.S., sources said. The move would let PepsiCo, which has no dairy business, enter the U.S. yogurt market, which has about doubled in the past 10 years.

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