Learn languages naturally with fresh, real content!

Popular Topics
Explore By Region
Varun Beverages to buy South Africa’s Twizza for ₹1,119 crore to boost its Southern Africa market share.
Varun Beverages, PepsiCo’s largest bottler outside the U.S., has agreed to acquire South Africa’s Twizza for ₹1,119 crore, aiming to double its market share in the region to 20% by 2027.
The deal, pending regulatory approvals in South Africa, Botswana, and Eswatini, is expected to close by June 2026.
Twizza, which reported R1.69 billion in revenue and sold 71 million cases by June 2025, brings an integrated production network and cost efficiencies.
The acquisition supports Varun’s expansion in Southern Africa, strengthens its supply chain, and positions it to grow in South Africa’s 14% energy drink market—larger than India’s.
Analysts project cost synergies and a pricing uplift, with Emkay Research upgrading its rating to ‘buy’ and raising its target price to ₹615.
The stock has risen 7% since October 29, narrowing its 2025 year-to-date decline to 24%.
Varun Beverages comprará Twizza de Sudáfrica por ₹1,119 crore para aumentar su participación en el mercado del sur de África.