IC Acquires 2 Wisconsin Pepsi-Cola Bottling Firms
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CHICAGO — IC Industries Inc., the nation’s second-largest bottler of Pepsi-Cola products, said it had agreed to purchase two Pepsi bottling operations in Wisconsin for an undisclosed sum.
The franchises in Oshkosh and Wisconsin Rapids will become part of Pepsi-Cola General Bottlers Inc., an IC subsidiary that bottles about 125 million cases of soda pop annually, Chicago-based IC said in a statement.
The Wisconsin operations, owned by the Pennau family of Oshkosh, bottle a total of 5 million cases annually, IC said.
IC, which is changing its name to Whitman Corp., is a consumer goods and services company with four major operating companies--Pepsi-Cola General, Pet Inc., Hussman Corp. and Midas International.
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