Suntory Distribution Agreement with PepsiCo in China
Under the terms of agreement, PepsiCo China will distribute Suntory Rich two flavors, Caffe Latte and Strawberry au lait firstly in Guangzhou and Shenzhen, Guangdong province in China.
22 Jan 2010 --- Suntory group announced a distribution agreement of Suntory ready-to-drink (RTD) Dairy product "Rich" in China between Suntory (Shanghai) Foods Marketing Co., Limited and PepsiCo (China) Limited.
Suntory group started China beverage business from 1995 and has developed various product line up including Oolong Tea and Rich mainly in Shanghai and Beijing areas.
Under the terms of agreement, PepsiCo China will distribute Suntory Rich two flavors, Caffe Latte and Strawberry au lait firstly in Guangzhou and Shenzhen, Guangdong province in China.
This agreement extend partnership between Suntory and PepsiCo for the aim of further expanding business in China beverage industry.
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