PepsiCo joint venture buys Egyptian beverage company

12/30/2009 | Bloomberg Businessweek

A PepsiCo joint venture has purchased an Egyptian maker of dairy and juice products in a deal that will expand its snack and beverage lines in that country. The purchase of International Company for Agro-Industrial Projects, also known as Beyti, was done through the International Dairy and Juice joint venture with Saudi Arabian dairy company Almarai.

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