Pepsi takes complete control of Sandora

PepsiAmericas and PepsiCo said Tuesday they have completed the joint acquisition of the remaining 20% of Sandora, a leading juice company in Ukraine, for US$136.7m.

The beverage companies originally purchased an 80% interest in Sandora for US$542m through a joint venture in August 2007, with PepsiAmericas holding a 60% interest and PepsiCo holding 40%.