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Pepsi sells Belgian factory

This article was originally published in Foodnews

BELGIAN soft drinks producer Konings has agreed to buy a Belgian fruit juice factory belonging to PepsiCo. The plant at Borgloon makes the Looza brand of fruit juices. PepsiCo says the unit is not profitable, and it intends to keep the Looza brand. All 84 employees at the plant will transfer to Konings. Konings says it expects to turn the business around, and it will continue to co-pack Looza juices for PepsiCo.

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