PepsiCo acquired full ownership of the Sabra Obela dips brand from its former partner Strauss Group for $244 million, ...

The deal with Strauss Group will enable the CPG giant to expand its better-for-you portfolio by giving it full control over ...

PepsiCo entered into a 50/50 joint venture with Strauss for the Sabra and Obela brands in 2008 and 2012, respectively. PepsiCo’s acquisition will help it “meet the growing demand for positive ...

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PepsiCo to acquire the remaining 50 per cent interest in Sabra Dipping Company and PepsiCo-Strauss Fresh Dips & Spreads International GmbH (Obela) and become the sole owner of these companies.

Sabra and Obela are currently 50/50 joint ventures that had been formed between PepsiCo and Strauss Group to manufacture, distribute, and sell refrigerated dips and spreads.

PEP agrees to fully acquire Sabra and Obela. The company is focused on boosting greater efficiency by reducing costs.

PepsiCo, Inc. has announced its agreement to acquire the remaining 50 per cent interest in Sabra Dipping Company, LLC (Sabra) ...

PURCHASE, NY. — PepsiCo, Inc. is acquiring the remaining 50% interest in the manufacturers of Sabra and Obela from Strauss ...

PepsiCo will become the sole owner of Sabra and Obela by acquiring the remaining 50% interest in both businesses.

The action will make PepsiCo the exclusive proprietor of Sabra and Obela, brands focused on chilled dips and spreads. Leading ...