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Pepsi Bottling Ventures

Manufactures, sells, and distributes Pepsi products

Overview

Pepsi Bottling Ventures is the largest privately-held bottler of Pepsi-Cola products in North America, manufacturing, selling, and distributing Pepsi brands through 22 facilities across North Carolina, South Carolina, Virginia, Maryland, and Delaware, with corporate offices in Raleigh. It bottlenecks the process from production to delivery, producing beverages under PepsiCo formulas and distributing them to retailers through its network. Its private ownership and large regional footprint distinguish it from public competitors that operate on a different ownership model and scale. The goal is to efficiently manufacture and distribute Pepsi-Cola products in its region while expanding retailer partnerships and market reach.

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About Pepsi Bottling Ventures

Simplify's Rating
Why Pepsi Bottling Ventures is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Industrial & ManufacturingConsumer Goods

Company Size

1,001-5,000

Company Stage

N/A

Total Funding

N/A

Headquarters

Durham, NC

Founded

1999

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What believers are saying

  • Wake Forest expands PBV revenue for 10 years across campuses, athletics, and Graylyn Estate.
  • Louisburg College's September 2026 partnership adds recurring campus sales and scholarship-funded brand lock-in.
  • North Myrtle Beach's 164,850-square-foot distribution investment strengthens South Carolina capacity and route density.

What critics are saying

  • A 2026 Winston-Salem NLRB election targets PBV drivers, signaling labor organizing pressure.
  • PBV faces litigation tied to a 28,000-person 2023 data breach, extending legal and reputational costs.
  • PepsiCo plant closures in 2026 raise franchise-control risk if Pepsi rationalizes bottling territory further.

What makes Pepsi Bottling Ventures unique

  • PBV controls Pepsi distribution across 22 facilities in five Mid-Atlantic states.
  • Wake Forest chose PBV for a 10-year university-wide pouring-rights contract on July 28, 2026.
  • PBV pairs beverage contracts with scholarships, internships, and campus investments at Wake Forest and Louisburg.

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Benefits

  • Health Insurance
  • Dental Insurance
  • Vision Insurance
  • Life Insurance
  • Disability Insurance
  • Paid Vacation
  • Paid Sick Leave
  • Paid Holidays
  • Parental Leave
  • Hybrid Work Options
  • 401(k) Retirement Plan
  • 401(k) Company Match

Company News

MoneyWise
Oct 21st, 2026
Pepsi is closing its Knoxville plant and cutting 122 jobs - 11 days after reporting a $3.07-billion quarterly profit.

Pepsi is closing its Knoxville plant and cutting 122 jobs - 11 days after reporting a $3.07-billion quarterly profit. Oct 21, 2026 PepsiCo [NASDAQ:PEP] has announced the immediate closure of its Knoxville, Tennessee bottling plant, informing 122 employees that their salaries and benefits would wrap up Jan. 1. This follows PepsiCo's September closure of another bottling plant in Cheverly, Maryland, which stunned 100 affected workers and town officials, per the Washington Post. The money news that actually matters. In an official statement shared with Moneywise, PepsiCo Beverages U.S. stated that shutting down the Knoxville plant was a "difficult decision" and that the company was "incredibly thankful for the contributions of our employees and the support of the community." The corporation said it is committed to providing support for workers as they transition to new employment in the coming months. The company reported a third-quarter net income of $3.07 billion just 11 days earlier. But the writing was on the wall in CEO Ramon Laguarta's latest earnings call. He told investors he was disappointed with the soft drink side of the business - the business PepsiCo was built on. "We're putting all the urgency of the business and the focus on improving our performance in soft drinks," Laguarta said. "We're cutting costs in many areas." The cost-cutting has included shutting down bottling plants in the past few years. In October 2024, the food and beverage giant announced it was shutting down bottling operations in Atlanta, Chicago, Cincinnati and Harrisburg, Pennsylvania - affecting nearly 400 workers, per the Associated Press. So how does Laguarta add fizz to soft-drink financials while throttling down production? Doubling down on core Pepsi sodas and healthier options. Even with the closures announced to date, the company still has plenty of capacity to manufacture and distribute beverages. It has plants throughout North America, as well as 17 sites under Pepsi Bottling Ventures, its partnership with the Japanese multinational Suntory Holdings.

PR.com
Sep 4th, 2026
Louisburg College announces exclusive partnership with Pepsi Bottling Ventures.

Louisburg College announces exclusive partnership with Pepsi Bottling Ventures. Multi-year agreement brings new scholarship funding and campus investment to Louisburg students. Louisburg, NC, September 04, 2026 -( PR.com )- Louisburg College today announced a new partnership with Pepsi Bottling Ventures (PBV), naming the College an exclusive Pepsi campus and establishing a multi-year commitment that will bring new scholarship support and shared investment to Louisburg students. Under the agreement, PBV will provide annual scholarship funding for Louisburg College students and reinvest a percentage of total sales receipts generated from Pepsi products sold on campus back into the College. In exchange, Louisburg College will serve as an exclusive Pepsi campus, featuring Pepsi and its family of brands across dining, vending, and campus events. The partnership reflects a shared commitment between two long-standing North Carolina brands to invest directly in students and in the communities they call home. "Like Louisburg College, Pepsi has deep roots in North Carolina, and we are grateful for Pepsi Bottling Ventures' investment in our students and in the future of our College," said Richard Campbell, President of Louisburg College. "This partnership is about more than just the soft drinks we serve on campus. We have chosen to work with partners who share our commitment to our students' success and our mission. We are proud to welcome PBV as a partner in this important work." "We're honored to be chosen as the exclusive pouring rights partner of Louisburg College," said Byron Brooks, Vice President for Pepsi Bottling Ventures. "Together, we are creating a partnership that goes beyond refreshment to deliver lasting value through scholarships and investments that strengthen the College community." The partnership takes effect immediately and will continue on a renewable, multi-year basis, with both organizations committed to building on the relationship in the years ahead. About Louisburg College Founded in 1787, Louisburg College is a two-year, residential, Methodist-affiliated institution located in Louisburg, North Carolina. For 239 years, the College has provided a values-centered education that prepares students for success in their next steps, whatever they may be. About Pepsi Bottling Ventures Pepsi Bottling Ventures (PBV) is the largest independent manufacturer and distributor of PepsiCo beverages in the United States. The company delivers a broad portfolio of iconic, emerging and partner brands, including Pepsi, Mountain Dew, Gatorade, Dr Pepper, Starbucks, Poppi, Aquafina, Lipton Tea, Celsius and Alani Nu. A joint venture of PepsiCo and Suntory Beverage & Food, Pepsi Bottling Ventures is committed to being a destination company where careers thrive, drinks delight, partners win and owners grow value. With more than eight decades of community partnership and 3,000 employees committed to unbottling their potential, Pepsi Bottling Ventures is refreshing the way it serves customers, partners, and communities every day. Learn more at pepsibottlingventures.com. Louisburg College Richard Campbell (919) 496-2521 louisburg.edu Multimedia

Winston-Salem Times
Jul 28th, 2026
Wake Forest selects Pepsi Bottling Ventures for exclusive 10-year beverage partnership.

Wake Forest selects Pepsi Bottling Ventures for exclusive 10-year beverage partnership. Wake Forest University announced on July 28 a new 10-year pouring rights agreement with Pepsi Bottling Ventures, making the company the exclusive beverage supplier across the university. The contract expands Wake Forest's existing relationship with Pepsi beyond Athletics to include Reynolda Campus, Wake Downtown, and The Graylyn Estate. Wake Forest University President Peter Rodriguez said, "This relationship represents far more than a beverage agreement. It is an investment in the people, values and future of Wake Forest. It reflects a shared commitment to supporting what makes Wake Forest exceptional. From scholarships and sustainability initiatives to expanded career opportunities for our students, this collaboration demonstrates what it means to invest in the long-term success of our University." The agreement will support several university priorities such as student scholarships, paid internships, brand ambassador opportunities, sustainability initiatives, athletics support, and campus programming. Barry Faircloth, deputy athletic director for Development and Partnerships at Wake Forest University, said, "What makes this partnership impactful is the collaborative effort behind it. Colleagues from across campus helped identify a partner that could deliver value well beyond beverages, creating opportunities for student learning and career development while enhancing services and experiences across the Wake Forest community." Pepsi Bottling Ventures was chosen after a formal request for proposal process involving multiple suppliers evaluated by a committee representing various sectors of the university including students and staff from Athletics, Campus Life, Finance, General Counsel's Office, Hospitality and Auxiliary Services, as well as Procurement. The Campus Life Advisory Council, composed of undergraduate and graduate students, also advised during this process. Under this agreement, PBV will supply beverages exclusively at dining locations as well as retail outlets, vending machines, and athletics venues throughout campus, offering products from PepsiCo brands such as Pepsi, Mountain Dew, Gatorade, Dr Pepper, Starbucks, Poppi, Aquafina, Lipton Tea, and Celsius among others. Derek Hill, president and CEO of Pepsi Bottling Ventures, said, "We're honored to expand our pouring rights with Wake Forest University and proud of how strongly our values align. This 10-year expansion goes beyond beverages, supporting Demon Deacons through opportunities and initiatives that advance student success, athletics, sustainability and campus life."

Legends in Concert
Jun 3rd, 2026
Pepsi(R) and Legends in Concert(R) announce multi-year, multi-location partnership.

Pepsi(R) and Legends in Concert(R) announce multi-year, multi-location partnership. 03.06.2026. Myrtle Beach, SC - May 27, 2026 - Pepsi(R) and Legends in Concert(R), the world's longest-running live tribute show, today announced the further expansion into Myrtle Beach, SC of its dynamic, multi-dimensional partnership spanning multiple locations and experiences. The relationship now includes Legends in Concert's three continuous decades of performances on the Grand Strand and brings together iconic music, immersive entertainment, and one of the world's most recognizable beverage brands. The collaboration for Myrtle Beach via Pepsi Bottling Ventures, LLC is further strengthened through Broadway at the Beach, a premier entertainment destination and also a proud Pepsi pouring partner. This strategic alliance will integrate Pepsi across the full Legends in Concert(R) experience, from in-theater activations and branded environments to digital content, social campaigns, and fan engagement moments - creating a seamless connection between live performance and lifestyle. The agreement also includes naming rights at some Legends in Concert U.S. based theater locations. "Legends in Concert is built on delivering unforgettable moments through the power of music," said Brian Brigner, Chief Operating Officer. "Partnering with Pepsi allows us to amplify that experience across multiple touchpoints, connecting with audiences in bold, exciting ways both on and off the stage." As part of the partnership, guests can expect: * Branded in-venue experiences featuring Pepsi across Legends in Concert theaters * Co-branded marketing campaigns highlighting seasonal shows and star-studded tribute lineups * Exclusive fan activations and promotions throughout the year, including sweepstakes and trips, and VIP experiences * Digital and social storytelling celebrating music, culture, and iconic performances Broadway at the Beach plays a key role in the collaboration, providing a high-energy, high-traffic destination where guests can experience both Legends in Concert and Pepsi within a vibrant, entertainment-driven environment. "Pepsi and Pepsi Bottling Ventures are proud to celebrate Legends in Concert's 15+ year theater residency in the Broadway at the Beach Entertainment Complex and align with two powerhouse brands that elevate the guest experience," said Mike Smith, Key Account Manager, Pepsi Bottling Ventures. "Together, we're creating an integrated partnership that enhances every visit, from dining and attractions to world-class live entertainment." The partnership continues rolling out across select Legends in Concert locations, with Myrtle Beach, SC, Honolulu/Waikiki, HI and Branson, MO serving as flagship markets. Future expansion opportunities will extend the collaboration into additional markets, further solidifying Pepsi's presence within the live entertainment space. With a legacy of showcasing and celebrating the world's greatest musical icons, from Elvis Presley, Michael Jackson and Freddie Mercury to Whitney Houston and Bruno Mars and dozens of other superstars, Legends in Concert(R) continues to redefine and celebrate live tribute entertainment. This collaboration with Pepsi marks a bold step forward in evolving the LIVE guest experience through innovation, scale, and cultural connection. About Legends in Concert(R) Celebrating decades of success, Legends in Concert is the industry leader in live tribute shows, featuring world-class performers, live bands, and spectacular production value. With performances across the globe, the brand continues to captivate audiences with authentic recreations of music's biggest stars. About Pepsi(R) and Pepsi Bottling Ventures, LLC Pepsi(R) is one of the world's most iconic beverage brands, known for its bold taste, cultural relevance, and deep connection to music, entertainment, and sports. Pepsi Bottling Ventures, LLC is a joint venture with PepsiCo handling the distribution of Pepsi products including the Carolinas and other U.S. regions. About Broadway at the Beach Broadway at the Beach is Myrtle Beach's premier shopping, dining, and entertainment destination, offering a wide range of attractions and experiences for millions of visitors each year. Media Contact: BRIAN BRIGNER CHIEF OPERATING OFFICER LEGENDS IN CONCERT [email protected]

BIRMN
Apr 28th, 2026
Brainerd International Raceway announces new partnership with Pepsi Beverages.

Brainerd International Raceway announces new partnership with Pepsi Beverages. Fueling the fan experience from the grandstands to the legendary Zoo all season long! Brainerd, MN - Brainerd International Raceway (BIR) is proud to announce a new partnership with Pepsi Beverages, bringing an expanded lineup of beverage offerings to one of the Midwest's premier racing destinations. This partnership marks a meaningful step forward for Brainerd International Raceway as it continues to enhance the fan experience across all events. Guests can now enjoy a full lineup of Pepsi products throughout the facility, including fan-favorite brands and innovative options to keep fans refreshed all weekend long. "We're excited to welcome Pepsi Beverages to BIR," said Sara Walker, General Manager of Brainerd International Raceway. "This is about more than just adding product - it's about improving the overall experience for our fans. When people come here, they're here all day, all weekend. Having the right partners in place makes a difference." Pepsi Beverages will support Brainerd International Raceway with a strong lineup of products, equipment, and on-site activation, helping to deliver a best-in-class experience for fans, racers, and partners alike. "This partnership represents a great opportunity to connect with fans at one of the most iconic racing venues in the region," said Kirk Kleist, Sales Lead. "We're excited to bring our brands to Brainerd International Raceway and be part of the energy and excitement that defines this destination." The partnership is now active, with Pepsi products available throughout the raceway for the 2026 season. About Brainerd International Raceway. Brainerd International Raceway (BIR), located in Brainerd, Minnesota, is one of the Midwest's premier multi-discipline motorsports facilities. For more than 50 years, BIR has hosted national and regional competition across drag racing, road racing, drifting, autocross, and performance driving programs. Home to the NHRA Nationals and a full season of grassroots and professional events, the facility features a 3.1-mile road course, a championship drag strip, and dedicated drift and performance training infrastructure. As a family-owned destination venue, BIR continues to evolve its programming and facilities while honoring its racing heritage - investing in new disciplines, expanding participation opportunities, and creating motorsports experiences that connect generations of fans, racers, and automotive enthusiasts across the Midwest. About Pepsi Beverages. Pepsi Beverages is a leading beverage provider offering a diverse portfolio of iconic brands and innovative products, committed to delivering refreshment and enjoyment to consumers across a variety of venues and experiences. Media contact: Brainerd International Raceway

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