14 October 2009 | Allie Anderson
PepsiCo and Anheuser-Busch have agreed a collaborative procurement deal for indirect goods and services in the US.
A team of purchasing experts from both companies will work together on common areas of spend such as IT hardware, office supplies, travel and facilities, as well as maintenance, repair and operating supplies.
Targeted savings have yet to be announced, but cost reductions will be reinvested back into both companies to enable continued business growth.
Based in St Louis, Missouri, Anheuser-Busch is owned by Belgium-based
Anheuser-Busch InBev, the world's largest brewing company. Its brands include Budweiser, Stella Artois and Beck's.
Its deal with PepsiCo, the global soft drinks and snacks manufacturer based in Purchase, New York, will increase the buying power of both companies and enable them to procure goods and services more efficiently and at better prices.