The Economic Times News

Varun Beverages to acquire South African beverage firm Twizza at enterprise value of Rs 1,118.7 crore

Varun Beverages is set to acquire South Africa's Twizza. The deal, valued at ZAR 2,095 million, will be paid in cash. This acquisition will expand BevCo's reach in the South African market. Twizza operates three manufacturing facilities. The deal is expected to be completed by June 30, 2026. This move strengthens Varun Beverages' global presence as a major PepsiCo franchisee.