Speculation Ended: PepsiCo’s Blue Cloud Not Acquiring Corwin’s Beer Business
Plus, Blue Cloud Now Permitted by TTB in 40 States (Map)
April 6, 2023
PepsiCo’s Blue Cloud alcohol distribution subsidiary will not acquire Corwin Beverage’s beer distribution business in southwest Washington state, Corwin CEO Keith Richards confirmed to BD. PepsiCo’s recent agreement to buy back Corwin’s Washington-based Pepsi franchise (see Territory Changes & Deals) sparked speculation as to whether PepsiCo would acquire Corwin’s beer business to distribute Hard Mtn Dew and perhaps...