Fruit juice brand Punica disappears from the shelves

23-Feb-2023 - Germany

The Punica fruit juice brand is disappearing from supermarket shelves. The brand will be completely withdrawn from the market, the U.S. beverage company Pepsico <US7134481081> announced Tuesday in Neu-Isenburg near Frankfurt. Previously, several media had reported on the Aus of the juices very present in the 1980s and 1990s in advertising.

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Pepsico had sold the majority of its juice division, including Punica, to financial investor PAI Partners last year. The new joint venture, Tropical Brands Group, had reviewed strategic priorities and made the decision to remove Punica from the market, Pepsico has now announced. According to media reports, production had already been stopped in September 2022. Currently, remaining stocks are still being sold./ceb/DP/jha (dpa)

Note: This article has been translated using a computer system without human intervention. LUMITOS offers these automatic translations to present a wider range of current news. Since this article has been translated with automatic translation, it is possible that it contains errors in vocabulary, syntax or grammar. The original article in German can be found here.

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Topic world AI for food and beverages