12 September 2008 - PepsiCo International Ireland is to liquidate, say official filings to the Companies Registration Office.
According to local media reports, PepsiCo's Irish branch filed a declaration of solvency and is expecting as a result to realise a surplus of approximately 338 million euro after the payment of all debt.
Present in Ireland since 1974, PepsiCo operates two production facilities and a research & development centre in Cork. The company's workforce in Ireland is estimated at approximately 350.