Raleigh, NC-based Pepsi Bottling Ventures LLC said that it has completed its acquisition of Pepsi-Cola Roxboro, the franchise bottler based in Roxboro, NC. The acquisition expands PBV's distribution and sales territory to the North Carolina counties of Caswell, Person, Granville and Orange.
"We are very excited to be a part of the historic Roxboro community," said PBV president and chief executive Paul Finney. "Pepsi-Cola Roxboro has serviced the region with great integrity for many decades and has strong ties to the local community."
The financial terms of the acquisition transaction were not disclosed.
Pepsi Bottling Ventures is the nation’s largest privately held manufacturer, seller and distributor of Pepsi-Cola beverages. It has 16 distribution locations in North Carolina, South Carolina, Maryland and Delaware.