The Pepsi Bottling Group, Inc. (PBG) is a wholly owned subsidiary of PepsiCo, Inc. PBG operates carbonated soft drinks and other ready-to-drink beverages. It conducts business in all or a portion of the United States, Mexico, Canada, Spain, Russia, Greece and Turkey. PBG is the manufacturer, seller and distributor of Pepsi-Cola beverages. In some of its territories the Company has the right to manufacture, sell and distribute soft drink products of companies other than PepsiCo, including Dr Pepper, Crush and Squirt. It also has the right in some of its territories to manufacture, sell and distribute beverages under trademarks that PBG owns, including Electropura, e-puramr and Garci Crespo. In May 2008, PepsiCo, Inc. and PBG, through their PR Beverages Limited joint venture in Russia, completed acquisition of Sobol-Aqua JSC. In June 2009, the Company completed its acquisition of Better Beverages, Ltd. In July 2009, the Company acquired Pepsi-Cola Bottlers for the Merrimack Valley, Inc.