 In 1947 "Sociedad Anónima de Agua Tónica Paso de los Toros" was founded and shares were sold at ten pesos each.In 1950 as the demand for the drink increased, Mangini decided to open up a factory in Montevideo.In 1955, the majority of the stockholders had sold their shares to Pepsi Cola, which on February 14, 1955 took over the company.