1989 Milestones
- PepsiCo acquires Walkers Crisps and Smith Crisps, two of the United Kingdom's leading
snack food companies.
- PepsiCo acquires Smartfood ready-to-eat popcorn business.
- PepsiCo enters top 25 of Fortune 500 ranking with sales of $15.4 billion, it is
number 23. The company has more than 300,000 employees.