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Reuters
Russian cheesemaker to snap up idled PepsiCo juice business
In early March PepsiCo said it was suspending sales of its sodas in Russia, one of many Western consumer brands to halt operations in the wake of Russia’s invasion of Ukraine on Feb. 24. It will remain the owner of Wimm-Bill-Dann, a separate dairy business, one of the largest in Russia. Russia’s Federal Antimonopoly Service (FAS) on Wednesday said it approved an application from Multipro, a Russian cheesemaker that specialises in Mozzarella for pizzas and white-rind cheeses such as Brie and Camembert, to buy Wimm-Bill-Dann Beverages.
