Yeah Taco Bell was part of Pepsi for many years. As was KFC, LJ Silvers, Pizza Hut and Burger King. Not sure what the link between YUM Brands and Pepsico is today.
Burger King has not in recent history been a part of YUM Brands. In 1997 Pizza Hut, KFC and Taco Bell were all part of Tricon Global Restaurants, a wholly owned subsidiary of Pepsico. In October of that year Pepsico spun off one share of Tricon for every ten shares of its own to Pepsico shareholders. Tricon acquired Long John Silver's and A & W's operations in the U.S.A. in March 2002 and announced a name change to YUM Brands. The WingStreet chain was then launched in 2007. The Long John Silver and A & W chains were then sold by YUM brands in September 2011 because they did not fit in with YUM's international expansion plans.
So YUM today is mostly Pizza Hut, KFC, Taco Bell and WingStreet. YUM now operates nearly 38,000 restaurants around the world in more than 110 countries. It's actually been a very good investment to this point, and so has Pepsico.
marzsit....so the pepsi connection isn't as strong as it used to be. some of the taco bell stores around here have coke products as well as pepsi products now, but not all of them.
The Pepsi connection is still as strong as ever as Pepsi has a lifetime contract to supply YUM restaurants. Preexisting contracts by some franchisees such as Host Marriott Services Corporation and some colleges with Coca-Cola do, however, override the deal with Pepsi.
post edited by Hepcat - 2012/10/04 15:58:04