Pepsi Bottling To Buy 8th-Largest Pepsi Bottler

  • September 25, 2008
Founded by Ross Lane more than 70 years ago, Lane Affiliated Companies is a family-owned business headquartered in Colorado Springs, Colo.

Its territories include portions of Colorado, Arizona and New Mexico. The deal is Pepsi Bottling Group's largest acquisition of a U.S. bottler since becoming a publicly traded company in 1999.

The transaction is expected to be completed during the fourth quarter of 2008. Financial terms were not disclosed.--Nina M. Lentini

Next story loading loading..