Is Coca Cola And Pepsi Owned By The Same Company Now?

Pepsi and Coca-Cola also known as Coke are two popular soda drinks. They have worldwide popularity and patronage and are both carbonated soft drinks.

They are called soda or soft drinks. They are delicious and have become part of the daily diet for some people and households.

The answer is: No they are not owned by the same company. The debate of which of these drinks is better always comes up among soda lovers and there are differing opinions as regards that.

Some may say they have the same taste after all they have the same color. One is often used as a substitute for the other which might lead people to believe they are made by the same company.

Is Coca Cola And Pepsi Owned By The Same Company?

These beverages are owned by different companies. Pepsi is owned by PepsiCo, PepsiCo is the parent company of Pepsi products and they have their headquarters in Harrison, New York. Coke is owned by Coca-Cola, Berkshire Hathaway, the Vanguard Group and BlackRock.

Now that you know that these top 2 most popular sodas are not owned by the same company, what other thing would you want to learn about them?

Below, we provide answers to some of the most asked questions about these products.

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Are Coca-Cola And PepsiCo The Same Company?

They are not the same, Pepsi is owned by PepsiCo, while Coke is owned by the Coca-Cola Company. Although both products are similar they don’t exactly taste the same.

Their close similarities have made them rivals since the 20th century.

PepsiCo is an American multinational company with headquarters in New York. It was founded in 1919, by Caleb Bradham the first name of the drink was Pepsi-Cola.

The original name was Pepsi-Cola which might be why a lot of people think that both companies are the same. And that both beverages are produced by the same establishment which isn’t true.

PepsiCo later shortened the name Pepsi-Cola to just Pepsi and today it owns a lot of other soft drinks and food to its name. It owns Quaker Oats and  Frito-Lay.

Who is Coca-Cola Owned By?

It is owned by Berkshire Hathaway (9.28%), the Vanguard Group (7.25%); and BlackRock (6.56%). The soft drink was developed as a patent medicine by pharmacist Stith Pemberton.

Their first product acted as a stimulant as it contained caffeine from kola nuts and cocaine from Coca leaves. The Coca and kola ingredients informed the product name, it was initially promoted as a healthy drink because of its properties.

The company makes Syrup and concentrates that it sells to bottlers all over the world, with its anchor bottler in North America.

The company was founded by John Stith Pemberton in 1886. The first product has cocaine and Caffeine in it but the modern ones don’t have those ingredients.

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The company stopped producing drinks that contain cocaine when they understood the harmful effects of cocaine.

Alongside coke, they produce other drinks like Fanta and sprite. They also produce concentrates and syrups.

They are a large multinational company with a large market.

Is Coca-Cola owned by Warren Buffett?

Buffett Warren owns Berkshire Hathaway conglomerate which owns 400 million shares of the company, which is roughly 9% worth about $25 billion. So Buffett Warren owns part of the Company which makes him a major shareholder in the company.

His favorite soda is Cherry Coke which was introduced to him by his one-time neighbor Don Keough. His once favorite was the rival brand Pepsi for 50 years until he switched to Coke because of Don Keough.

He has a cartoon of him on cans of the drink launched in china in 2017 and he declined to be paid for it.

Who Owns Dr. Pepper & 7UP, Coke, or Pepsi?

Dr. Pepper/ 7up, Coke, and Pepsi are all soft drinks but are not owned by the same company. However, there are links in ownership and distribution among the owners of these drinks.

Dr. Pepper sometimes is distributed by Pepsico and Coke bottlers under contract, this is because Dr pepper doesn’t have a complete network for distribution.

Dr Pepper has different flavors of the drink in the market. There are not many similarities among these drinks apart from the fact that they are all soft drinks and nonalcoholic beverages.

While Dr. Pepper/7up is owned by Keurig Dr. Pepper but internationally distributed by Pepsico, Coke and pepsi are owned by different companies. 7up is a lemon and lime flavored non caffeinated soft drink.

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Do Pepsi And Coca-Cola Taste The Same?

The taste of these drinks has been a subject of huge debate for quite a long time. As both companies and their patrons are always trying to prove that they are just as good or even better than the other.

However, there are obvious differences between them. Most people find one is more sugary than the other and those people with sugar concerns would want to go for the one with the less sugar content.

There is of course some subtle but noticeable difference between these two. Some years ago there was a competition where people are blindfolded and offered Pepsi and Coke in a cup at the same temperature and asked to tell the difference.

The competition is done to prove that one is just as good as the other.

Coke is 2 grams of sugar less, which makes Pepsi the more sugary one with a stronger flavor. It also has more citrus flavors, while Coke has more vanilla flavors.

Summary

These sodas are not owned by the same company. These two drinks have been the major go-to refreshment drinks for millions of people worldwide for generations.

Though the taste and flavors are almost similar, people still have their preferences. But, most people will be willing to take the other as a substitute when one is not available.

Though rival products, the average drinker finds them a great ingredient for refreshment and relaxation.