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Pepsico Company History

Pepsico Jobs in Dubai: One of the largest food and beverage companies in the world, PepsiCo, Inc. is American and sells its goods in more than 200 nations. When Frito-Lay, Inc. and the Pepsi-Cola Company amalgamated in 1965, the company got its name.

The corporate office is located in Purchase, New York.Caleb D. Bradham (1866–1934), a physician in New Bern, North Carolina, invented the original Pepsi-Cola. Bradham gave the name Pepsi-Cola to his sweet, carbonated beverage with a cola flavor in 1898 in an effort to emulate the recent success of Coca-Cola. The beverage was so well-liked that in 1902 Bradham established the Pepsi-Cola Company. After many years of moderate prosperity, the business experienced financial difficulties following World War I, and numerous times in the 1920s, it was reorganized and reincorporated.

The modern Pepsi-Cola was started by Charles G. Guth (1876–1948), who acquired the company’s trademark and assets in 1931. He founded a new Pepsi-Cola company, hired a chemist to create a superior beverage, set up new bottling facilities, and started selling a 12-ounce bottle of the wildly popular beverage for five cents. Guth was also the president of Loft, Incorporated, a 1919-founded candy producer and network of soda fountains, and in court disputes in 1936–1939, he lost ownership of the Pepsi-Cola Company to Loft’s new management. The name Loft, Inc. was changed to Pepsi-Cola Company in 1941 when the Pepsi-Cola Company and Loft joined.

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