| University of Delaware Signs Exclusive Agreement with Pepsi Beverages Company |
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16/12/2011 06:51 (160 Day 22:37 minutes ago) | |||||
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The FINANCIAL -- The University of Delaware today announced it has signed an agreement with Pepsi Beverages Company for exclusive beverage pouring rights on campus.
This new, multi-year partnership features PepsiCo’s comprehensive beverage lineup of carbonated soft drinks including Pepsi and Mountain Dew, Lipton teas, Aquafina, SoBe and Propel waters and Gatorade sports drinks, and Muscle Milk, among others.
Specific terms of the deal were not disclosed.As part of the partnership, PepsiCo will be the official beverage provider for UD campus foodservice and PepsiCo brands will be featured in more than 130 on-campus vending machines, all of which meet ENERGY STAR specifications for energy efficiency. Most PepsiCo vending machines will have card readers for processing debit, credit and i-cards.
The partnership also includes on- campus PepsiCo Dream Machine recycling kiosks, which feature a personal reward system that allows students to collect and redeem points for each bottle or can they recycle in the kiosk. Campus retail outlets and athletic venues, including Delaware Stadium, the Bob Carpenter Center and the UD Bookstore will also sell PepsiCo products, and most foodservice outlets will feature compostable cups.
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