PepsiAmericas, Inc. was the world's second-largest bottler of

Pepsi-Cola Pepsi is a carbonated soft drink manufactured by PepsiCo. Originally created and developed in 1893 by Caleb Bradham and introduced as Brad's Drink, it was renamed as Pepsi-Cola in 1898, and then shortened to Pepsi in 1961. History Pepsi was ...

products, under contract with product owner

PepsiCo PepsiCo, Inc. is an American multinational food, snack, and beverage corporation headquartered in Harrison, New York, in the hamlet of Purchase. PepsiCo's business encompasses all aspects of the food and beverage market. It oversees the manuf ...

. PepsiAmericas also held contracts to produce beverages for

Dr Pepper Snapple Group Dr Pepper Snapple Group (also called Dr. Pepper/7up Inc.) was an American multinational soft drink company based in Plano, Texas, and as of July 2018 it is a business unit of the publicly traded conglomerate Keurig Dr Pepper. Formerly Cadbury ...

and smaller regional brands. PepsiAmericas had 19 bottling plants in the United States and had a presence in 11 countries in Central/Eastern Europe and 5 countries in the Caribbean. PepsiAmericas was based in

Minneapolis Minneapolis () is the largest city in Minnesota, United States, and the county seat of Hennepin County. The city is abundant in water, with thirteen lakes, wetlands, the Mississippi River, creeks and waterfalls. Minneapolis has its origins ...

Minnesota Minnesota () is a state in the upper midwestern region of the United States. It is the 12th largest U.S. state in area and the 22nd most populous, with over 5.75 million residents. Minnesota is home to western prairies, now given over to ...

. By early 2009, PepsiCo held a 41.1% stake in the PepsiAmericas. On April 20, 2009, PepsiCo offered to buy the remaining portion of PepsiAmericas, at an offer of $23.27 – or $11.64 plus 0.223 PepsiCo shares – in exchange for each PepsiAmericas share. In August 2009, PepsiCo also made an offer for

Pepsi Bottling Group The Pepsi Bottling Group, Inc. was the world's largest bottling company, bottler of Pepsi-Cola beverages. PBG sales of Pepsi-Cola beverages accounted for more than one-half of the Pepsi-Cola beverages sold in the United States and Canada and abou ...

, the world's largest bottler of Pepsi-Cola products. On February 26, 2010, after regulatory review, PepsiCo's acquisitions of the two bottling companies was completed, forming a new, wholly owned subsidiary, the Pepsi Beverages Company.

History

In 2000, Whitman Corp., a Pepsi bottler, purchased PepsiAmericas and took the acquired company's name. Whitman was founded as the

Illinois Central Railroad The Illinois Central Railroad , sometimes called the Main Line of Mid-America, was a railroad in the Central United States, with its primary routes connecting Chicago, Illinois, with New Orleans, Louisiana, and Mobile, Alabama. A line also co ...

. It later diversified out of railroads and into Pepsi bottling, going by the names Illinois Central Industries in 1962, IC Industries in 1975 and Whitman Corp. in 1988.Profile of Whitman Corporation
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References

External links

PepsiAmericas, Inc.

Company profile
at answers.com. Defunct companies based in Minneapolis Drink companies of the United States Illinois Central Railroad Food and drink companies established in 1962 Food and drink companies disestablished in 2010 PepsiCo bottlers 1962 establishments in Minnesota 2010 disestablishments in Minnesota {{food-company-stub