frito lay owned by pepsi - Search
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  2. PepsiCo
    • According to 4 sources
    In 1965, Frito-Lay, Inc. merged with the Pepsi-Cola Company, resulting in the formation of PepsiCo. Since then, Frito-Lay operates as a wholly owned subsidiary of PepsiCo.
    Frito-Lay resulted from the 1961 merger between the manufacturer of Fritos corn chips and the snack-food delivery company started by Herman W. Lay. Four years later, the company merged with Pepsi-Cola to form PepsiCo.
    In 1932, Herman W. Lay began a potato chip business in Nashville, Tennessee. Soon after that, he purchased the manufacturer and formed H.W. Lay & Company. In 1961, the company merged with the Frito Company, becoming Frito-Lay Inc., and in 1965, Frito-Lay Inc. merged with Pepsi-Cola to form PepsiCo.
    Frito-Lay North America is the $13 billion convenient foods business unit of PepsiCo (NYSE, PEP), which is headquartered in Plano, TX.
     
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  5. WEBMay 17, 2024 · Key Takeaways. PepsiCo began strategic acquisitions beyond the beverage market in 1965 when it purchased Frito-Lay. In 2001, PepsiCo acquired Quaker Oats for $13.8 billion. PepsiCo sold...

  6. WEBHe too bought out the manufacturer to form H.W. Lay & Company, which became one of the largest snack food companies in the Southeast. In 1961, the two companies merged and Frito-Lay, Inc. was born. Four years …

  7. WEBFrito-Lay North America. In 1932, Herman W. Lay began a potato chip business in Nashville, Tennessee. Soon after that, he purchased the manufacturer and formed H.W. Lay & Company. In 1961, the company …

  8. WEB22 rows · In 1965, Frito-Lay merged with the Pepsi-Cola Company to form PepsiCo, Inc. In 1991, the company introduced a new formulation of their chip that was crisper and kept fresher longer. Shortly thereafter, the …

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