Long Island Pepsi Bottling Franchise Purchased by Honickman Group

John Mitty Wednesday, March 20, 2013

Honickman Group, a company based in Pennsauken, New Jersey, has just announced that it will be purchasing Pepsi bottling franchise operations from a Long Island company, Pepsi Bottling Ventures L.L.C.  Details regarding the terms which govern the transaction have not been released to the public.  The NJ based Honickman Group operates its existing Pepsi-Cola Bottling Co. of New York franchises in Westchester County and five NYC boroughs, but was looking for an opportunity to expand their business to Long Island, which is a valuable market for soft drink companies like PepsiCo and its associated marketing and bottling partners. 

“Nassau and Suffolk counties provide the requisite scale for us to reinvest significantly in our make-sell-deliver capabilities and partner with PepsiCo to proudly reinvigorate our presence in the greater New York market,” stated Harold A. Honickman, chairman of the purchasing company, explaining why the company decided to expand into the new markets.  The announcement, which was released on Wednesday, did not mention what would happen to the jobs currently involved with the franchise now that it is changing hands or what the overall impact would be on the local business economies of Nassau and Suffolk.

jmitty@longislandyellowpages.com

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