"We're excited to extend our strong partnership with PepsiCo and begin working with the Sandora team and its market-leading brands to capture the growth opportunity in Ukraine," said Robert C. Pohlad, chairman and chief executive officer of PepsiAmericas. "We have a clear strategy to grow and expand our international business and Sandora is a great fit, providing immediate scale in a high growth market."
"We now serve consumers in over 10 countries in Central and Eastern Europe, in both developing and emerging markets. Combined with our scale and profitability in the U.S., we have a balanced portfolio of markets that position us well for long term sustainable growth."