Who Owns Frito Lay
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Frito-Lay is the snack division of PepsiCo, one of the largest food and beverage companies in the world. This division produces many of the nation’s most popular savory snacks, including Doritos, Cheetos, Fritos, Tostitos, Lay’s, and more.
PepsiCo, which is based in Purchase, New York, owns Frito-Lay. The company’s products are sold in more than 200 countries and territories around the world. It’s estimated that more than one billion people have eaten a Frito-Lay product since its inception in the 1930s.
PepsiCo was formed in 1965 through the merger of Pepsi-Cola and Frito-Lay. At the time, the two companies were already doing business together and had a close relationship. However, it was only in that year that PepsiCo officially made Frito-Lay an integral part of its portfolio.
Today, PepsiCo has an expansive portfolio that includes many other brands and businesses, such as Gatorade, Tropicana, Quaker, and Starbucks (where it is a shareholder). It also owns or holds equity in some of the largest food and beverage companies in the world, such as Unilever, KFC, Taco Bell, and others.
PepsiCo is one of the most successful food and beverage companies in the world, and its acquisition of Frito-Lay in 1965 is one of its most important investments. With Frito-Lay’s help, the company has solidified its position as one of the most powerful and influential players in the global snack food industry.