Pepsi Bottling Ventures LLC (PBV) announced that it has completed its acquisition of Pepsi-Cola Roxboro, the franchise bottler based in Roxboro, N.C. The acquisition expands PBV’s distribution and sales territory to the counties of Caswell, Person, Granville, and Orange.
“We are very excited to be a part of the historic Roxboro community,” said President and CEO of Pepsi Bottling Ventures Paul Finney. “Pepsi-Cola Roxboro has serviced the region with great integrity for many decades and has strong ties to the local community. We look forward to building on their legacy and are eager bring new customers into the PBV family and introduce new beverage brands to their consumers.”
The financial terms of the acquisition transaction were not disclosed.