Varun Beverages shares rise on new JV with White Peak Refrigeration
Varun Beverages Ltd (VBL), a significant bottling partner for PepsiCo, has recently made headlines with the announcement of a joint venture (JV) with White Peak Refrigeration Pvt Ltd. This strategic collaboration aims to manufacture visi-coolers and other refrigeration equipment, marking VBL’s entry into the refrigeration manufacturing sector. The JV is expected to enhance VBL’s supply…