Yesterday, PepsiCo in Chongqing Fifth Intermediate People's Court to fulfill the court verdict, the official return of "Tianfu Cola" formula and production processes and other information, the two sides had completely separate ways. For two years Tianfu Cola sued PepsiCo "long-term illegal possession of technical secrets, violation of trade secrets" case finally settled.
It is understood that in 2008, Tianfu Cola started to reclaim its frozen Tianfu Cola brand from a former joint venture partner PepsiCo, and filed PepsiCo in court in October 2009 for violating technical secrets. Until early this month, the court issued a verdict to determine the Tianfu Cola formula and production processes belong to China Tianfu Cola Group, PepsiCo should stop using and within 10 days from the effective date of the decision to return the recipe and production process and other information.
Qianhuang, general manager of Tianfu Cola, once disclosed to our reporter: "Our ultimate goal is to restore the production of Tianfu Cola and other beverages to reshape China's national brands."