Is Schweppes owned by Pepsi?
I'll answer
Earn 20 gold coins for an accepted answer.20
Earn 20 gold coins for an accepted answer.
40more
40more
Charlotte Davis
Studied at the University of Sydney, Lives in Sydney, Australia.
As a subject matter expert in the field of corporate acquisitions and mergers, I can provide you with an accurate answer regarding the ownership of Schweppes.
Schweppes, known for its line of beverages including tonic water and ginger ale, is indeed owned by a larger corporation. However, it is not PepsiCo that owns Schweppes. Instead, Schweppes is a brand of the Coca-Cola Company. The Coca-Cola Company acquired the rights to manufacture and distribute Schweppes products outside the United States in 2006, and in 2009, they also gained control of the brand within the United States.
So, to answer your question directly: No, Schweppes is not owned by Pepsi. It is owned by Coca-Cola.
Schweppes, known for its line of beverages including tonic water and ginger ale, is indeed owned by a larger corporation. However, it is not PepsiCo that owns Schweppes. Instead, Schweppes is a brand of the Coca-Cola Company. The Coca-Cola Company acquired the rights to manufacture and distribute Schweppes products outside the United States in 2006, and in 2009, they also gained control of the brand within the United States.
So, to answer your question directly: No, Schweppes is not owned by Pepsi. It is owned by Coca-Cola.
reply(1)
Helpful(1122)
Helpful
Helpful(2)
Studied at University of California, Irvine (UCI), Lives in Irvine, CA
With 23 per cent market share, Schweppes is the second-largest carbonated soft drink maker in Australia, behind Coca-Cola Amatil. Its portfolio consists of owned and franchised brands, and includes Schweppes, Solo, Spring Valley, Cool Ridge water and Cottee's, plus the local licence to make Pepsi and Gatorade.
2023-04-09 07:59:31
Benjamin Lopez
QuesHub.com delivers expert answers and knowledge to you.
With 23 per cent market share, Schweppes is the second-largest carbonated soft drink maker in Australia, behind Coca-Cola Amatil. Its portfolio consists of owned and franchised brands, and includes Schweppes, Solo, Spring Valley, Cool Ridge water and Cottee's, plus the local licence to make Pepsi and Gatorade.