Joint Venture Between CABCORP and PepsiAmericas

Central America Beverage of Guatemala and PepsiAmericas will combine operations in the Caribbean, Guatemala, El Salvador, Honduras and Nicaragua.

Monday, May 18, 2009

This strategic alliance is aimed at geographic growth and expansion, and the final signing is expected during the third quarter of 2009. Under the agreement, CABCORP will control 82% of the joint venture and PepsiAmericas the remaining 18%.

CABCORP is the 12th largest company in Central America, with sales of $480 million in 2008, and it has been responsible for undertaking the distribution, manufacturing and sales of Pepsi-Cola products since 1942.

CABCORP will contribute its local management expertise to foster the growth of the combined company. In addition to PepsiCo brands, the joint company will produce and sell a broad product portfolio within the territory of the agreement.

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Cabcorp

Organization that operates in Costa Rica, El Salvador, Guatemala, Honduras and Nicaragua.
Phone: (502 ) 2422 6000

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