Suntory Holdings Ltd. plans to sell beverages in China through a distribution alliance with PepsiCo Suntory spokeswoman Aya Takemoto said.
The companies plan to sign a contract next month to allow two Suntory dairy products to be distributed through regional PepsiCo-affiliated sales companies, she said. Suntory aims to increase Chinese beverage sales fivefold to 20 billion yen ($219 million) in 2012 from 2009 through the alliance with PepisCo.
Jan 1 · 3:44:00 PM · Source: Bloomberg
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