03:04 AM EDT, 04/21/2026 (MT Newswires) -- Royal Unibrew (RBREW.CO) will terminate its license deals with PepsiCo (PEP.SW) upon its expiration by the end of 2028.

The Danish multi-beverage company's partnerships cover the distribution, production, and sale of PepsiCo products in Denmark, Finland, and the Baltic states, according to a Tuesday release.

Royal Unibrew said that the agreement's termination was due to the parties'inability to reach an understanding for its continuation. It added that it expects the move to decrease its net revenue by the end of 2028.

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