Food & drink
PepsiCo owns Pepsi, 7UP outside the US, Mountain Dew, Gatorade, poppi and international Rockstar rights. UK bottling licences, the Lipton joint venture and Tropicana investment are separate relationships. [1][2][3][4][5][6][7]
01 / Behind the name
Public · listed food and beverage group [1]
PepsiCo is listed; UK production by Carlsberg-owned Britvic is licensed rather than Britvic ownership of the Pepsi brands. Rockstar US/Canada transferred to Celsius in August 2025 while international/UK rights stayed with PepsiCo. Lipton ready-to-drink tea is a PepsiCo/Unilever joint venture; its exact current split is not reconciled. Tropicana Brands Group is PAI-controlled, with PepsiCo's 39% noncontrolling investment reported for 2025, not a wholly owned juice portfolio. The food portfolio and complete shareholder table are outside this drinks review. [1][2][3][4][5][6][7]
02 / On the map
Headquarters, incorporation and tax residence describe different things. A headquarters address does not tell you where all of a company’s tax is paid.
Follow the investment
Investors not yet verified
Named investors have not yet been established from the evidence used in this directory. This is a research gap; it does not mean the company has no investors. A stake in a parent or operating company is shown against that entity. Dates refer to each disclosure and can differ from the profile review date. Evidence links are included with each record.
Explore the portfolio
Selected UK-listed beverage brands, product families and the SodaStream business. Lipton has a joint-venture relationship and Rockstar has territorial ownership. Tropicana/Naked/Copella are mapped to their separate joint-venture group, and food brands are excluded.
Brand research reviewed . Ownership and tax figures elsewhere on this page describe the group, not individual brands.
Showing 11 of 11 brands and ranges
Beverages · Soft drinks
Beverages · Soft drinks
Also listed or searchable as: Pepsi Max, Pepsi MAX Cherry, Pepsi MAX Lime
Beverages · Soft drinks
Beverages · Soft drinks
PepsiCo's brand outside the US, with UK manufacture/distribution under Britvic licence. KDP's US rights are separate. [2]
Beverages · Soft drinks
Beverages · Soft drinks
Beverages · Soft drinks · Energy & sports drinks
PepsiCo retains international rights, including UK. Celsius' completed 2025 acquisition covered the US and Canada. [3]
Also listed or searchable as: Rockstar, Rockstar Energy
Beverages · Soft drinks · Energy & sports drinks
Beverages · Soft drinks · Ready-to-drink tea & coffee
PepsiCo/Unilever ready-to-drink tea joint venture, supplied by Britvic in the UK. Current exact cap table is not reconciled; this is separate from the sold leaf-tea business. [5]
Also listed or searchable as: Lipton, Lipton Iced Tea, Lipton Ice Tea
Beverages · Soft drinks
PepsiCo completed its acquisition in May 2025; listed on its current UK portfolio page. A portfolio listing does not guarantee stock at every retailer. [4]
Beverages · Soft drinks
PepsiCo-owned home carbonation business. Licensing of individual branded syrups can vary; not a claim to every syrup brand worldwide. [6]
03 / The figures, with context
UK cash corporation tax has not been verified in this ownership review. This does not mean no tax was paid.
PepsiCo · UK cash reporting scope not reconciled
Annual reporting period not yet verified
This ownership review has not established a UK cash corporation-tax payment. Bottling volumes, worldwide group tax, accounting charges and duties do not establish that amount. [1]
These figures have different scopes. They should not be added together or used as a like-for-like tax ranking.
Understand the measures04 / Check our working
Primary sources used in this profile. Company disclosures are attributed to the company; inclusion is not an independent audit.
PepsiCo · Cover / p2: North Carolina incorporation and Purchase, New York executive offices; pp3–5: beverage trademarks and Lipton joint venture; p77: Rockstar US/Canada sale; Note 9 p97: TBG 39% noncontrolling interest
Accessed 12 Oct 2026PepsiCo UK · Current UK portfolio includes Pepsi, 7UP, Mountain Dew, Rockstar, Gatorade, Lipton and poppi; food brands are outside this drinks catalogue
Accessed 12 Oct 2026Celsius Holdings · 29 August 2025: completed Rockstar US/Canada acquisition; PepsiCo retains international rights, including UK
Accessed 12 Oct 2026PepsiCo · 19 May 2025 completion; current PepsiCo UK portfolio lists poppi
Accessed 12 Oct 2026PepsiCo · PepsiCo / Unilever ready-to-drink joint venture; no unreconciled exact current percentage inferred
Accessed 12 Oct 2026PepsiCo · 5 December 2018 completion; home carbonation business rather than every branded syrup's worldwide ownership
Accessed 12 Oct 2026Britvic · Owned and licensed ranges; Lipton made/sold on behalf of Pepsi Lipton International; heritage brands and product families
Accessed 12 Oct 2026