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PBG » Topics » Terms of Russia Snack Food Distribution Agreement.

These excerpts taken from the PBG 10-K filed Feb 20, 2009.
Terms of Russia Snack Food Distribution Agreement. Effective January 2009, PR Beverages entered into an agreement with Frito-Lay Manufacturing, LLC (“FLM”), a wholly owned subsidiary of PepsiCo, pursuant to which PR Beverages purchases Frito-Lay snack products from FLM for sale and distribution in the Russian Federation. This agreement provides FLM access to the infrastructure of our distribution network in Russia and allows us to more effectively utilize some of our distribution network assets. This agreement replaced a similar agreement, which expired on December 31, 2008.
 
Terms of Russia Snack Food
Distribution Agreement. Effective January 2009, PR
Beverages entered into an agreement with Frito-Lay
Manufacturing, LLC (“FLM”), a wholly owned subsidiary
of PepsiCo, pursuant to which PR Beverages purchases Frito-Lay
snack products from FLM for sale and distribution in the Russian
Federation. This agreement provides FLM access to the
infrastructure of our distribution network in Russia and allows
us to more effectively utilize some of our distribution network
assets. This agreement replaced a similar agreement, which
expired on December 31, 2008.


 




EXCERPTS ON THIS PAGE:

10-K (2 sections)
Feb 20, 2009

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