Pepsico is turning 2 divisions into 3

PepsiCo Inc. said it was reorganizing to create three operational units. The old structure had two divisions: PepsiCo North America and PepsiCo International.

PepsiCo Americas Foods will include Frito-Lay North America, Quaker and its fast-growing Sabritas and Gamesa brands in Mexico. PepsiCo Americas Beverages will include Pepsi-Cola North America, Gatorade, Tropicana and all Latin American beverage businesses. PepsiCo International will include all PepsiCo units in Europe, the Middle East and Africa.