BevCo acquisition expected to drive competition in the local market

New Delhi-based multinational Varun Beverages says its acquisition of South African entity BevCo and its subsidiaries, valued at close to R3-billion, is set to expand its African footprint and bring global expertise to a market characterised by growing consumer sophistication and demand for variety.  BevCo is a bottler of all PepsiCo branded non-alcoholic beverages in South Africa.