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Carlsberg Replaces Coke With Pepsi In Northern Europe, Royal Unibrew Shares Drop 20% [Yahoo! Finance]
Last coca-cola company (the) earnings: 4/21 05:55 am
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Northern Europe's beverage landscape, moving away from Coca-Cola Co. ( NYSE:KO ) and deepening its alignment with PepsiCo Inc. ( NASDAQ:PEP ). The Danish brewer said it will become PepsiCo's bottler in Denmark, Finland, and the Baltic states from Jan. 1, 2029, taking over production, sales, and distribution as its existing Coca-Cola agreements in Denmark and Finland expire at the end of 2028. The transition could mark a meaningful repositioning for Carlsberg in the regional soft drinks value chain, potentially strengthening its long-term role within PepsiCo's European system. Warning! GuruFocus has detected 7 Warning Signs with INTC. Is KO fairly valued? Test your thesis with our free DCF calculator. The move builds on Carlsberg's 2025 acquisition of Britvic, which secured rights to produce and sell PepsiCo brands including Pepsi, 7UP, and Mountain Dew in Great Britain through 2040. Carlsberg already maintains Pepsi partnerships in Sweden and Norway, and the latest agreement exp
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