Who Owns 7 Up?
7 Up is owned by PepsiCo outside the United States, while in the US it's owned by Keurig Dr Pepper. PepsiCo acquired the international division of 7 Up in 1986 when Philip Morris sold the brand in two parts. PepsiCo is headquartered in Purchase, New York, USA and trades on NASDAQ under ticker PEP.
Parent Company
PepsiCo
Acquired
1986
Status
Publicly Traded
Headquarters
Purchase, New York, USA (PepsiCo international operations)
Who Owns 7 Up?
- Parent Company: PepsiCo
- Ownership Type: Wholly owned
- Acquisition Year: 1986
- Company Type: Publicly Traded
- Stock Ticker: NASDAQ: PEP
| Brand | Parent Company | Ownership Type |
|---|---|---|
| 7 Up | PepsiCo | Wholly owned |
History of 7 Up
- Founded: 1929
- Founders: Charles Leiper Grigg
- Acquired by PepsiCo: 1986
7 Up was created by Charles Leiper Grigg, who launched his St. Louis-based company The Howdy Corporation in 1920. Grigg developed the formula for a lemon-lime soft drink in 1928, launching the product in 1929, just before the Wall Street crash. The trademark "SEVEN-UP" was granted in 1928, and the product was originally marketed with health claims including containing lithium citrate, a mood-stabilizing drug.
The drink was initially called "7up Lithiated Lemon Soda" in 1930-1931. In 1936, the federal government forced the manufacturer to remove health claims, and because lithium was not an actual ingredient, the name was changed to just "7 Up" in 1937.
The origin of the name "7 Up" remains unclear, with various theories including references to seven main ingredients, the atomic mass of lithium (approximately 7), or the original seven-ounce bottle size when competitors used six-ounce bottles.
The 7 Up company remained privately owned by its founding families until 1978, when it was sold to Philip Morris. In 1986, Philip Morris sold the brand in two parts, creating the current split ownership structure that exists today.
About PepsiCo
What does PepsiCo own?
PepsiCo owns a portfolio of more than 23 brands each generating over $1 billion in estimated annual retail sales. Key brands include Pepsi, Mountain Dew, Gatorade, Tropicana, Aquafina, and SodaStream in beverages, and Lay's, Doritos, Cheetos, Fritos, Tostitos, and Ruffles in snack foods. The company also owns Quaker Oats, Cap'n Crunch, and other cereal and food brands.
Is PepsiCo publicly traded?
Yes, PepsiCo, Inc. is listed on NASDAQ under ticker PEP. The company has been publicly traded since 1965. PepsiCo has no single controlling shareholder, with major institutional holders including Vanguard Group, BlackRock, and State Street. PepsiCo is a component of the S&P 500 and is classified as a Dividend Aristocrat for its 54 consecutive years of annual dividend increases.
Who founded PepsiCo?
PepsiCo was formed in 1965 through the merger of Pepsi-Cola Company and Frito-Lay, Inc. Pepsi-Cola was originally created by pharmacist Caleb Bradham in New Bern, North Carolina in 1898. Frito-Lay was formed through the 1961 merger of the Frito Company and H.W. Lay Company, the latter founded by Herman Lay in 1932. Donald Kendall and Herman Lay led the 1965 merger that created PepsiCo.
Where is PepsiCo headquartered?
PepsiCo is headquartered in Purchase, New York, USA, in Westchester County. The company has maintained its headquarters in Purchase since 1970. PepsiCo operates manufacturing and distribution facilities across the Americas, Europe, Africa, the Middle East, and Asia Pacific, selling products in more than 200 countries and territories.
How many brands does PepsiCo own?
PepsiCo owns a large portfolio of food and beverage brands, with more than 23 brands each generating over $1 billion in estimated annual retail sales. The portfolio spans carbonated soft drinks, sports drinks, juices, water, snack chips, cereals, and other food products. Key brands include Pepsi, Lay's, Gatorade, Doritos, Mountain Dew, Quaker Oats, Cheetos, Fritos, Tostitos, Ruffles, Aquafina, Tropicana, and SodaStream.
Who owns PepsiCo?
PepsiCo, Inc. is publicly traded on NASDAQ with a broad institutional and retail shareholder base. No single shareholder holds a controlling stake. Major institutional shareholders include Vanguard Group, BlackRock, and State Street. Ramon Laguarta serves as Chairman and CEO. PepsiCo has no founding family or private equity controlling shareholder.
- Founded: 1965
- Headquarters: Purchase, New York, USA
- Company Type: Publicly Traded
- Stock: NASDAQ: PEP
Where Is 7 Up Made / Based?
- Headquarters: Purchase, New York, USA (PepsiCo international operations)
- Manufacturing / Operations: United States (by Keurig Dr Pepper), International (by PepsiCo)
Brands Owned by PepsiCo
- Aquafina - American brand of purified bottled water produced by PepsiCo, featuring both unf...
- Cap'n Crunch - Sweetened corn and oat breakfast cereal manufactured by Quaker Oats Company, fea...
- Doritos - American brand of flavored tortilla chips produced by Frito-Lay, a subsidiary of...
- Frito-Lay - American brand of snack foods including corn chips, potato chips, and savory sna...
- Fritos - American brand of corn chips created in 1932, known for their distinctive flavor...
- Gamesa - Mexico's largest manufacturer of cookies and crackers, producing popular brands ...
- Gatorade - American brand of sports-themed beverage and food products manufactured by Pepsi...
- Lay's - American brand of potato chip and snack products manufactured by Frito-Lay, a su...
- Life Cereal - Breakfast cereal produced by Quaker Oats Company, featuring a distinctive brown ...
- Mountain Dew - American carbonated soft drink brand known for its citrus flavor and high caffei...
- Pearl Milling Company - American pancake mix and syrup brand owned by PepsiCo through its Quaker Oats su...
- Pepsi - American brand of carbonated soft drink manufactured and marketed by PepsiCo, co...
- Poppi - American prebiotic soda brand known for its "gut healthy" approach to carbonated...
- Quaker Oats - American food brand specializing in oatmeal, breakfast cereals, and grain-based ...
- Ruffles - American brand of crinkle-cut potato chips produced by Frito-Lay, a subsidiary o...
- Sabritas - Mexican snack company owned by PepsiCo, known for potato chips and corn snacks, ...
- Smith's - Australian snack food company known for potato crisps and extruded snacks, servi...
- SodaStream - Israeli home carbonation device manufacturer allowing consumers to make carbonat...
- Tostitos - American brand of tortilla chips and dips produced by Frito-Lay, a subsidiary of...
- Tropicana - American brand of fruit-based beverages, primarily orange juice, manufactured by...
- Walkers - British snack food company and the United Kingdom's leading manufacturer of cris...
7 Up Ownership: Pros & Cons
Advantages
- +Global distribution network through PepsiCo's established international channels
- +Strong brand recognition as a leading lemon-lime soft drink
- +Caffeine-free positioning appeals to health-conscious consumers
- +Continuous product innovation and flavor development backed by corporate R&D
- +Split ownership allows focused regional strategies
Considerations
- -Complex ownership structure may create marketing coordination challenges
- -Competition within PepsiCo's own beverage portfolio (Mountain Dew, Sierra Mist)
- -Different ownership in US vs international markets may limit global brand consistency
- -Dependency on separate bottling networks in different regions
- -Health concerns about soft drink consumption and sugar content
Frequently Asked Questions About 7 Up
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