PURCHASE, N.Y. - PepsicCo announced yesterday that it will acquire Azusa, Calif.-based Naked Juice from private equity firm North Castle Partners. Naked Juice, maker of a line of 25 super premium juices and ready to drink smoothies, is estimated to have annual sales of more than $150 million, and in a prepared statement, Chief Executive Officer Monty Sharma said that the Pepsi acquisition would allow the company to expand its distribution network. Terms of the sale were not disclosed. The ...
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