UK-based beverage company Britvic has extended its franchise bottling agreement with PepsiCo for another 20 years for producing and distributing carbonated soft drink brands including Pepsi, 7UP and Mountain Dew in Great Britain (GB).

The relationship between the two companies began in 1987, and the latest agreement extends their relationship to 31 December 2040.

Britvic CEO Simon Litherland said: “I am delighted that we have formally extended our relationship with PepsiCo in Great Britain for a further 20 years.

“The powerful combination of the Britvic-owned and PepsiCo portfolio offers customers and consumers a broad range of great-tasting, trusted brands for any occasion. We are excited to add Rockstar to our offering and look forward to working together to grow the brand.”

Additionally, the new agreement also includes Rockstar energy brand, for which the British firm will be assuming the responsibility from 1 November.

Britvic said that it aims to use 100% recycled plastic (rPET) by the end of 2022 for its entire beverage portfolio in GB.

The new target set by the company is supposedly three years earlier than originally planned, and ahead of the previous target of 50%.

Litherland added: “The announcement of our intent to move to 100% recycled PET in GB by 2022 is a significant moment for Britvic and our partnership with PepsiCo, demonstrating our joint commitment to protecting the planet today and for future generations.

“Both Britvic and PepsiCo have sustainability at the heart of their business strategies, and we will continue to work together to deliver on our shared ambition to protect the environment and offer healthier choices in the years ahead.”

In November 2013, Britvic signed a 15-year manufacturing and distribution contract with PepsiCo Americas Beverages.