By Colin Kellaher

 

PepsiCo Inc. on Tuesday said it will distribute the portfolio of Bang Energy beverages in the U.S. under an agreement with privately held Vital Pharmaceuticals Inc., the maker of the energy drinks.

The Purchase, N.Y., beverages and snacks giant said the deal will significantly increase distribution of Bang beverages, which are currently carried in more than 200,000 outlets around the country.

PepsiCo earlier Tuesday said it had completed its $3.85 billion acquisition of Rockstar Energy Beverages as it continues to expand its presence in the fast-growing energy-drink category. The company had already been distributing Rockstar's energy drinks since 2009.

 

Write to Colin Kellaher at colin.kellaher@wsj.com

 

(END) Dow Jones Newswires

April 28, 2020 08:28 ET (12:28 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.
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