Varun Beverages Lines Up Another Acquisition In South Africa

Credit: @crickleydairy/Instagram

Varun Beverages is group to get South Africa’s Crickley Dairy from Clark Holdings successful a woody weighted astatine R238m ($14.3m).

In a regulatory filing, nan India-based PepsiCo bottler said nan deal, struck done its The Beverage Company subsidiary, was portion of a scheme to “diversify its merchandise portfolio into caller categories viz. value-added dairy and juice-based drinks”.

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to scope engaged professionals crossed 36 starring media platforms.

Find retired much

Crickley Dairy was established successful 1984 successful South Africa’s Eastern Cape by Ken Clark. It makes dairy products, including milk, food and yogurt, mostly sold nether nan Crickley brand. Its scope besides includes soft drinks.

According to Crickley Dairy’s website, nan company’s products are sold astatine retailers successful South Africa including Pick n Pay, Shoprite and Spar.

Varun Beverages entered South Africa in December 2023 done its acquisition of The Beverage Company. The business holds nan PepsiCo franchise for South Africa, Lesotho and Eswatini, on pinch further distribution authorities covering Namibia and Botswana.

In December, Varun Beverages agreed to acquire South Africa-based soft-drinks maker Twizza.

Founded successful 2003, Twizza produces and distributes sodas, power drinks and mixers. Its products are sold domestically and besides shipped to adjacent markets including Lesotho, Eswatini, Botswana and Namibia.

Twizza runs 3 plants successful Cape Town, Queenstown and Middelburg, pinch yearly capacity of astir 100 cardinal 8oz cases, according to Varun Beverages.

For nan twelvemonth ended 31 December, Varun Beverages reported gross from operations up 8.5% year-on-year to Rs222.25bn ($2.40bn).

EBITDA roseate 7.2% to Rs50.49bn, while nett profit aft taxation accrued 16.2% to Rs30.62bn.

Alongside its full-year results, which were announced connected 9 March, Varun Beverages said it broadened its footprint successful Africa during 2025.

The institution cited respective steps, including nan incorporation of a wholly owned subsidiary successful Kenya, nan commencement of Cheetos accumulation successful Morocco and Zimbabwe, arsenic good arsenic nan description of PepsiCo snacks distribution successful Zimbabwe and Zambia.

In October, Varun Beverages entered the alcoholic beverage market through a distribution statement pinch Carlsberg successful Africa.