PepsiCo eyes joint venture with German dairy co-WSJ


The move would fit perfectly into Pepsi’s plans to expand its offerings in healthy foods and dairy.”Since forming the Global Nutrition Group to accelerate the growth of our nutrition portfolio, we constantly look at product innovation and partner offerings to help us achieve this mission,” a PepsiCo spokesman said when contacted for comment.He declined to comment specifically on the Journal report about the potential yogurt deal. Theo Muller could not immediately be reached for comment.PepsiCo, best known for its Pepsi-Cola soda, has said it is looking to more than double sales from healthy drinks and snacks to $30 billion by 2020.Pepsi, which also sells Lay’s potato chips, Tropicana orange juice and Quaker oatmeal, currently has no dairy business in the United States.

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