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Dhaka Tribune

PepsiCo to consider entering alcoholic beverages business

'We will make decisions in the coming quarters - whether this is an area where PepsiCo wants to play,' says Chief Executive Officer Ramon Laguarta

Update : 01 Oct 2020, 08:18 PM

PepsiCo Inc will consider introducing alcoholic beverages, the company said on Thursday, days after rival Coca-Cola Co decided to launch an alcoholic sparkling water in the United States next year.

“We will make decisions in the coming quarters - whether this is an area where PepsiCo wants to play,” Chief Executive Officer Ramon Laguarta said on an analyst call when asked about following Coca-Cola.

Molson Coors Beverage Co said on Tuesday it partnered with Coca-Cola Co KO.N to make and sell an alcoholic version of the beverage company's Topo Chico sparkling water.

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