03:37 AM EDT, 04/21/2026 (MT Newswires) -- PepsiCo (PEP) will expand its existing regional bottling agreement with Carlsberg to include Denmark, Finland, Latvia, Estonia and Lithuania starting in 2029, Carlsberg Group said Tuesday.

Carlsberg will assume manufacturing, sales, and distribution operations for the newly-added territories, the company said.

The updated arrangement builds upon a 25-year operational partnership covering the Swedish and Norwegian markets, Carlsberg said.