Who owns Pepsi (Morocco)?
Pepsi (Morocco) is made and sold by Oulmès (Morocco, CSE: OUL) under licence, an arrangement in place since 2002; Oulmès does not own the name.[1] The Pepsi name is owned by PepsiCo.
Evidence: Notre histoire — Les Eaux Minérales d'Oulmès. Last checked .
Key facts
- Licensed to
- Les Eaux Minérales d'Oulmès S.A. reported
- Since
- Headquarters
- 🇲🇦 Morocco, Bouskoura, Casablanca
- Origin
- 🇺🇸 United States
- Category
- Beverages › Soft drinks › Cola
- Parent ticker
- CSE: OUL
- Last verified
- · 1 sources
About Pepsi (Morocco)
Oulmès has bottled and distributed Pepsi in Morocco since 2002 under an exclusivity agreement with PepsiCo, alongside Seven Up and Mirinda under the same arrangement. The company's own history page records this as a bottling and distribution accord rather than a brand it owns, consistent with Oulmès' broader model of pairing its own mineral-water brands with licensed international soft drinks.
Ownership timeline of Pepsi (Morocco)
Where Pepsi (Morocco) sits in Oulmès
Controlling ownership as of . Brands grouped under the entity that owns them; large groups are collapsed.
Open the full Oulmès ownership tree →
See the full Oulmès brand portfolio (4) →
Other brands owned by Oulmès
Oulmès controls 5 brands on Brandtree, 5 of them in beverages.
Also in beverages
Other brands in cola, and who owns them
The 23 brands in cola on Brandtree belong to 12 owners. The largest is Coca-Cola, with 5.
| Brand | Owner | Owner based in |
|---|---|---|
| Coca-Cola | Coca-Cola | 🇺🇸 United States |
| Coca-Cola Almaty Bottlers | Coca-Cola İçecek | 🇹🇷 Turkey |
| Diet Pepsi | PepsiCo | 🇺🇸 United States |
| BIG Cola | AJE | 🇵🇪 Peru |
| Hamoud Cola | Hamoud Boualem | 🇩🇿 Algeria |
| Kofola | Kofola | 🇨🇿 Czech Republic |
| Smart Cola | Obolon | 🇺🇦 Ukraine |
| Jolly Cola | Olvi | 🇫🇮 Finland |
About the owner: Oulmès
Oulmès is a publicly listed company headquartered in Bouskoura, Casablanca, Morocco, founded in 1933.
Les Eaux Minérales d'Oulmès traces its history to 1933, when the Lalla Haya spring was discovered and the company was founded as the Compagnie Fermière des Eaux Minérales Oulmès-Etat; its first bottle reached the market in 1934. It was one of the first Moroccan companies to list on the Casablanca Stock Exchange, in 1943, and was integrated into the Holmarcom group, controlled by the Bensalah family, in 1971. From its Bouskoura industrial zone near Casablanca the company captures, bottles and sells still and sparkling mineral water and, under exclusive bottling agreements with PepsiCo and with Suntory Beverage & Food, carbonated soft drinks under licence.
🇺🇸 Pepsi (Morocco) and other American brands
Brandtree records a controlling owner for 2,570 brands that began in the United States. 501 of them (19%) are now controlled by a company headquartered in another country, Pepsi (Morocco) among them.
- 7UP — PepsiCo 🇺🇸
- 7UP (United States) — Keurig Dr Pepper 🇺🇸
- Alani Nu — Celsius Holdings 🇺🇸
- André — Gallo 🇺🇸
- Angry Orchard — Boston Beer 🇺🇸
- Apple & Eve — Lassonde 🇨🇦
Frequently asked questions
Who makes Pepsi (Morocco)?
Oulmès makes and sells Pepsi (Morocco) under a licensing agreement that has been in place since 2002.
Does Oulmès own Pepsi (Morocco)?
No. Oulmès holds a licence to make and sell Pepsi (Morocco), which is not the same as owning it.
Where did Pepsi (Morocco) come from?
Pepsi (Morocco) originated in the United States.
Sources (1) & corrections
Last verified . Every ownership fact above is backed by one of these primary documents. Numbers in brackets in the text refer to this list.
- [1] Notre histoire — Les Eaux Minérales d'Oulmès — Les Eaux Minérales d'Oulmès, Official document; retrieved 21 September 2026.
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