PepsiCo
PepsiCo is the world's second largest food and beverage company. PepsiCo Ireland established its first presence in Cork in 1974 at Little Island producing concentrate base for well established brand such as Pepsi, Diet Pepsi, 7Up, Mountain Dew, Sierra Mist and Gatorade. Organic growth during saw the operations grow and the business branched into financial shared services in 1996 with the establishment of a shared services centre.
In 2003, PepsiCo invested over $100M in a state-of-the-art second manufacturing facility at a Greenfield site in Carrigaline. In 2006, a satellite R&D centre was established at Little Island.
In 2007, the Irish operation became the flagship location within the PepsiCo Worldwide Concentrate environment with the transfer of the Worldwide Concentrate headquarters from New York to Cork. A third location was established at Eastgate and this support centre oversees PepsiCo’s entire global concentrate operations.
In 2008, a new pilot R&D plant was established in Cork.
PepsiCo Ireland now employs over 500 people at its three locations in Cork. The business activities located in Cork include the manufacture of concentrate (exported to 105 countries worldwide), laboratories, financial shared services (supporting 65 countries), IT providing support to global operations, R&D, global market intelligence and Concentrate functions.
Financial Data
-
31st Dec 21 Source: Estimated
- €75 million turnover
- 1,000 employees
-
31st Dec 20 Source: Estimated
- €75 million turnover
- 1,000 employees
- 8 more years available »
Ranking
By Turnover
(€75 million)- 566th in Top Companies
- 77th in Food
By Employees
(1,000)- 223rd in Top Companies
- 39th in Food
-
- 1,000
- €75 million
Employees
- Mark Kirkham Vice President}
Latest News
- May 24 Harsh winter may compel Europe to ration gas, warns International Energy Agency
- May 24 Hungary and Poland hold up EU decisions on oil and corporate tax
- May 24 Over 700 objections lodged against €466m Dundrum apartment ‘concrete jungle’
- May 24 Stripe unveils new third party app marketplace
- May 24 Shares in UK energy companies slide over windfall tax fears