Varun Beverages plans to invest $7M in Zimbabwe and Zambia to produce, distribute, and sell PepsiCo's snack brand Simba Munchiez.

Varun Beverages, a PepsiCo bottling partner, plans to expand its partnership with PepsiCo to include the production, distribution, and sale of snacks brand "Simba Munchiez" in Zimbabwe and Zambia. The company plans to invest $7 million in setting up manufacturing units in both countries, with each facility having an annual production capacity of 5,000 MT.

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