Who Owns Mountain Dew?
Mountain Dew is owned by PepsiCo, a publicly traded American multinational food and beverage corporation. PepsiCo acquired the Mountain Dew brand in 1964 through the purchase of the Tip Corporation, which had revised and launched the product in 1961. PepsiCo is headquartered in Purchase, New York, USA and trades on NASDAQ under ticker PEP.
Parent Company
PepsiCo
Acquired
1964
Status
Publicly Traded
Headquarters
Purchase, New York, USA (PepsiCo headquarters)
Who Owns Mountain Dew?
- Parent Company: PepsiCo
- Ownership Type: Wholly owned
- Acquisition Year: 1964
- Company Type: Publicly Traded
- Stock Ticker: NASDAQ: PEP
| Brand | Parent Company | Ownership Type |
|---|---|---|
| Mountain Dew | PepsiCo | Wholly owned |
History of Mountain Dew
- Founded: 1940
- Founders: Barney Hartman, Ally Hartman
- Acquired by PepsiCo: 1964
Mountain Dew was originally developed in the 1940s by Tennessee bottlers Barney and Ally Hartman as a mixer for whiskey. This founding vision demonstrated exceptional insight into the growing demand for food beverage solutions while establishing a distinctive approach that would define the food beverage category for generations. The brothers created the citrus-flavored soda because they had difficulty obtaining their preferred mixing beverages in Knoxville, Tennessee. This strategic positioning demonstrated Mountain Dew's exceptional ability to create differentiated food beverage solutions while maintaining consistent brand positioning and quality standards that would define the brand for decades. The name "Mountain Dew" was originally 19th-century slang for whiskey, particularly Highland Scotch whisky, and was trademarked for the soft drink in 1948.
The Hartman brothers partnered with the Tri-Cities Beverage Corporation in Johnson City, Tennessee to bottle and distribute Mountain Dew regionally. This period of excellence demonstrated Mountain Dew's exceptional ability to scale operations while maintaining consistent brand positioning and quality standards across multiple food beverage segments. In 1958, the Tip Corporation of Marion, Virginia acquired the rights to Mountain Dew and revised the flavor formula, launching the updated version in 1961. This strategic diversification demonstrated Mountain Dew's exceptional ability to serve multiple consumer segments while maintaining its core brand identity and market leadership in the food beverage industry.
PepsiCo's acquisition of the Tip Corporation in 1964 brought Mountain Dew into the PepsiCo family. This continued evolution demonstrated Mountain Dew's exceptional ability to maintain market relevance while adapting to changing food beverage requirements and corporate dynamics. Under PepsiCo's ownership, Mountain Dew evolved from a regional mixer into a major national brand, with significant rebranding efforts in the late 1960s targeting a younger demographic. This continued excellence demonstrates Mountain Dew's exceptional ability to maintain market leadership while adapting to changing food beverage dynamics and regulatory requirements. This strategic integration demonstrated Mountain Dew's exceptional ability to integrate into larger food beverage corporations while maintaining its core brand identity and cultural significance in the soft drink industry. The brand expanded its flavor portfolio and marketing approach throughout the following decades, becoming one of the most popular soft drinks in the United States. This continued success represents a significant milestone in the evolution of soft-drink and consumer-focused food beverage solutions. This strategic partnership demonstrated Mountain Dew's exceptional ability to leverage corporate resources while maintaining its distinct food beverage identity and market leadership. This continued excellence demonstrates Mountain Dew's exceptional ability to maintain market leadership while adapting to changing food beverage dynamics and regulatory requirements. This strategic integration demonstrated Mountain Dew's exceptional ability to integrate into larger food beverage corporations while maintaining its core brand identity and cultural significance in the soft drink industry.
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 Mountain Dew Made / Based?
- Headquarters: Purchase, New York, USA (PepsiCo headquarters)
- Manufacturing / Operations: United States, Canada, Mexico, International
Brands Owned by PepsiCo
- 7 Up - American lemon-lime flavored carbonated soft drink brand known for its crisp, cl...
- 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 ...
- 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...
Mountain Dew Ownership: Pros & Cons
Advantages
- +Extensive distribution network through PepsiCo's established global channels
- +Significant marketing and advertising resources supporting brand growth
- +Continuous product innovation and flavor development backed by corporate R&D
- +Strong brand recognition and consumer trust associated with PepsiCo portfolio
- +Global manufacturing capabilities ensuring consistent product quality
Considerations
- -Competition within PepsiCo's own beverage portfolio may limit individual brand focus
- -Corporate pricing strategies may limit regional market flexibility
- -Dependency on PepsiCo's supply chain and corporate decision-making
- -Environmental concerns regarding plastic bottle usage in beverage industry
- -Health concerns about high sugar and caffeine content in soft drinks
Frequently Asked Questions About Mountain Dew
Where to Buy
Disclosure: We may earn commission from purchasesCompetitors to Mountain Dew
These competing brands operate in the same categories and provide similar products or services. Compare key attributes to understand market positioning and competitive landscape.
| Brand | Parent Company | Country | Founded | Market Position | Primary Market | Gender Target |
|---|---|---|---|---|---|---|
| Coca Cola Company | USA | 1961 | Mass Market | North America | All Genders | |
| Keurig Dr Pepper | USA | 1919 | Mass Market | North America | All Genders | |
| Coca Cola Company | USA | 1898 | Mass Market | North America | All Genders | |
| Coca Cola Company | USA | 1886 | Mass Market | North America | All Genders | |
| Coca Cola Company | USA | 2005 | Mass Market | North America | All Genders | |
| Coca Cola Company | USA | 1982 | Mass Market | North America | All Genders |
Learn More About Competitors
Sprite
Owned by The Coca-Cola Company
Lemon-lime flavored soft drink brand owned by The Coca-Cola Company.

A&W Root Beer
Owned by Keurig Dr Pepper
Classic root beer brand owned by Keurig Dr Pepper, known for its distinctive vanilla and spice flavor profile.

Barq's
Owned by The Coca-Cola Company
American brand of root beer and other soft drinks owned by The Coca-Cola Company.

Coca-Cola
Owned by The Coca-Cola Company
Carbonated soft drink brand and flagship product of The Coca-Cola Company.

Coke Zero Sugar
Owned by The Coca-Cola Company
Zero-calorie cola soft drink brand owned by The Coca-Cola Company, formulated to taste like original Coca-Cola.

Diet Coke
Owned by The Coca-Cola Company
Zero-calorie cola soft drink brand owned by The Coca-Cola Company, formulated with a distinct taste profile.
Competitive Analysis
Market Positioning: Mountain Dew competes with 6 brands in the same categories, ranging from mass market to luxury positioning.
Geographic Distribution: Competitors are headquartered across multiple regions, indicating global competition in this market segment.
Brand Heritage: Competitor brands range from established heritage brands to newer market entrants, with founding years spanning several decades.
PepsiCo Stock Information
Jobs at PepsiCo
Latest News About Mountain Dew
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