Guth then had Loft's chemists reformulate the Pepsi-Cola syrup formula. From toPepsi-Cola's profits doubled. After acquiring Tropicana, PepsiCo grew the brand to number one in market share for U.
Quaker is best known for its oat products. Steele became a spokesperson for Pepsi, appearing in commercials, television specials, and televised beauty pageants on behalf of the company.
But the company isn't just about soda. Racial segregation and Jim Crow laws were still in place throughout much of the U. The team wears the Pepsi logo on the front of their test and ODI test match clothing.
By the time PepsiCo expressed an interest in acquiring the company, it was a subsidiary of North Castle Partners.
In September ofPepsiCo bought sparkling juice manufacturer Izze. Infollowing the dissolution of the Soviet UnionCoca-Cola was introduced to the Russian market.