PRODUCTS. Research and Development Manager Beverages - PepsiCo South Africa Johannesburg Area, South Africa 500+ connections. They are available in over 200 countries and territories and tailored to meet the tastes and preferences of our local consumers. Since then, it's grown into a global leader, providing packaged foods, … With Pioneer Foods, PepsiCo adds an extraordinary team of associates who will be instrumental to growth across the continent. PepsiCo South Africa. PSG Capital acted as corporate and transaction advisor to Pioneer Foods and Webber Wentzel acted as South African legal counsel to Pioneer Foods. PRODUCT LOCATOR; PEPSI.com; USA keyboard_arrow_down. We're excited to join forces with Global Citizen to bring you a night you'll never forget: One World # TogetherAtHome.Stay in with us for a night packed with entertainment, in support of the heroic efforts of health workers. Pioneer Foods is based in South Africa and sells a wide variety of food and beverage products including rice, pasta, cereal, and juices. We're working diligently to keep products readily available to our consumers. Product Donations. Combined Circular to Pioneer Foods Shareholders. Read: R24 billion later, Pepsi could finally have a fighting chance against Coke in South Africa – and maybe we’ll get Funyuns too The Pioneer Foods acquisition is key to PepsiCo’s growth strategy across the entire African continent. Terminology such as "estimate," "expect," "may," "plan," "position," "will" or similar statements or variations of such words and other similar expressions are intended to identify forward-looking statements, although not all forward looking statements contain such terms. UBS Investment Bank, J.P. Morgan and Centerview acted as financial advisors to PepsiCo. Pioneer Foods has a robust, locally relevant product portfolio that complements PepsiCo's current lineup, with strong positions in cereals, juices, and other African nutritional food staples, including well-known, scaled brands like Weet-Bix, Liqui-Fruit, Ceres, Sasko, Safari, Spekko, and White Star. Sign up for news and offers. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from those predicted in such forward looking statements. PURCHASE, N.Y. — PepsiCo, Inc. has reached an agreement with Pioneer Foods Group Ltd., Johannesburg, South Africa, to acquire the company for approximately $1.7 billion. He said: “As we look to accelerate our growth in key markets around the world and achieve our vision to be the global leader in convenient foods and beverages by ‘winning with purpose,’ we are absolutely thrilled to join forces with Pioneer Foods. PRODUCTS. Explore Our Products. PepsiCo SSA will be led by Eugene Willemsen, who most recently served as Executive Vice President of Global Categories & Franchise Management. Willemsen, who has been with PepsiCo for nearly 25 years, has extensive experience in growth markets, having previously led the company's businesses in Turkey and South East Europe. This new structure will not impact PepsiCo's reporting structure, and PepsiCo SSA will remain part of Europe Sub-Saharan Africa ("ESSA") from a financial reporting perspective.Â. PepsiCo said Pioneer’s products—especially cereals, juices and other African food staples—would be a good fit with its existing offerings in the region. Pioneer is one of the largest South African producers and distributors of a range of branded food and beverage products including Weet-Bix, Liqui-Fruit, Ceres, Sasko, Safari, Spekko and White Star. The transaction is subject to a Pioneer Foods shareholder vote, certain regulatory approvals, and other customary conditions, and closing is expected by the first quarter of 2020. We’re in this together. UBS Investment Bank, J.P. Morgan and Centerview acted as financial advisors, while Bowmans acted as the South African legal counsel to PepsiCo. For shoppers around the world, Pioneer Foods is the food and beverage company that develops and delivers products that help them and their families realise their full potential and live better lives through the company's quest and purpose to consistently establish new and enhanced ways of producing, distributing, marketing and selling products. The Frito-Lay maker said this new division will not impact its reporting structure, and it will remain part of Europe Sub-Saharan Africa from a financial reporting perspective. PepsiCo products are enjoyed by consumers more than one billion times a day in more than 200 countries and territories around the world. Pioneer Foods forms an important part of our strategy to not only expand in South Africa, but further into sub-Saharan Africa as well. Market Development Director at PepsiCo Johannesburg Area, South Africa 478 connections. Pepsi Beverages: 1-800-433-2652 for the bottler nearest to you. Now Pepsi is one of the leading soft drink brands globally. University of Johannesburg. ", As part of this transaction and PepsiCo's goal to become faster and more locally focused, the company will create a new operating sector for Sub-Saharan Africa ("SSA"). Pioneer Foods has a robust, locally relevant product portfolio that complements PepsiCo’s current lineup, with strong positions in cereals, juices, and other African nutritional food staples, including well-known, scaled brands like Weet-Bix, Liqui-Fruit, Ceres, Sasko, Safari, Spekko, and White Star. The Group operates mainly across South Africa and exports to more than 80 countries across the globe inclusive of a number of countries in Africa. Connect with us. He currently serves as Chief Operating Officer at Oxygen Confectionery Corp., a confectionery company registered in Delaware that has set its ambitions for worldwide expansion with its globally patented dispensers that are fun, convenient, and refillable. PepsiCo, known to be one of the world’s largest food and drink companies, owns brands including Pepsi, Lays, Doritos and Gatorade. Pioneer Foods has a robust, locally relevant product portfolio that complements PepsiCo's current lineup, with strong positions in cereals, juices, and other African nutritional food staples, including well-known, scaled brands like Weet-Bix, Liqui-Fruit, Ceres, Sasko, Safari, Spekko, and White Star. That year, PepsiCo was born out of a merger between Pepsi-Cola and snack-food company Frito-Lay. All Rights Reserved, This is a BETA experience. 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