Caleb Bradham established Pepsi-Cola Company in 1898, under ten years since Coca Cola hit the market. In 1965, Pepsi-Cola Company merged with Frito-Lay to give rise to PepsiCo. The new company focused its operations in two major industries; the beverages industry and food industry.
PepsiCo is organized around six segments, which focus on different geographical locations. PepsiCo beverages North America (PBNA) focuses solely on providing beverages like 7Up to its North American customers. Frito-Lay North America (FLNA) provides snacks to customers in Canada and the US, while Quaker Foods North America offers cereals, dairy products, and pasta among others in the same region. Other segments under PepsiCo are Latin America, Europe and Sub-Saharan Africa, and Asia, Middle East and North Africa.
PepsiCo’s shares trade on NASDAQ as PEP and the stock is part of the NASDAQ 100, S&P 100, and S&P 500 components. The company has its headquarters in Purchase, New York.