Russian food and beverage group Lebedyansky is set to be split in two following PepsiCo’s US$1.4bn takeover of its juice business.


Lebedyansky, which makes baby food and mineral water for the Russian market, is also the country’s largest juice manufacturer.


This morning (20 March), PepsiCo announced that it and one of its bottlers, Pepsi Bottling Group, had signed a deal to jointly acquire a 75.53% stake in Lebedyansky’s juice business.


The deal is subject, in part, to the spin off of Lebedyansky’s baby food and mineral water operations to its existing shareholders.


The baby food and mineral water business, which includes Lebedyansky baby food Lipetsky Buvet water, will become a stand-alone unit.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Just Food Excellence Awards - Have you nominated?

Nominations are now open for the prestigious Just Food Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!

Nominate Now