Established in 1965 out of a merger between Pepsi-Cola and Frito Lay, today, in terms of net value, Pepsi Co. ranks as the world’ second largest food & beverage business. Headquartered in New York, it distributes, markets and manufactures beverages (which it is best-known for), grain-based snacks, etc. When the company acquired Tropicana and merged with Quaker Oats (taking on the Gatorade brand as well), it simultaneously expanded its range of food and beverage choices. The company’s products are distributed throughout over 200 countries, rendering its net value at $43.3 billion, making it the world’s second largest food & beverage business in the world.
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