--PepsiCo, Inc. today announced its agreement to acquire the remaining 50% interest in Sabra Dipping Company, LLC and PepsiCo-Strauss Fresh Dips& Spreads International GmbH and become the sole ...

Following the deal, PepsiCo will be the sole owner of Sabra and Obela products. The Israeli food manufacturer first bought 51% of Sabra’s operations in 2005 for about $9 million.

PepsiCo, Inc. (NASDAQ: PEP) today announced its agreement to acquire the remaining 50% interest in Sabra Dipping Company, LLC (Sabra) and PepsiCo-Strauss Fresh Dips & Spreads International GmbH ...

PepsiCo purchased 50% of the Sabra Obela dips brand from Strauss for $244 million (NIS 900 million), meaning the brand is now fully owned by PepsiCo as the company already owned 50%.

Pepsico and Strauss created Sabra as a joint venture in 2008, with each company owning 50% of the business. They replicated that model four years later with PepsiCo-Strauss Fresh Dips & Spreads ...

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 ...

PepsiCo, Inc. (NASDAQ: PEP) today announced its agreement to acquire the remaining 50% interest in Sabra Dipping Company, LLC (Sabra) and PepsiCo-Strauss Fresh Dips & Spreads International GmbH (Obela ...

(RTTNews) - Snack and beverage giant PepsiCo, Inc. (PEP) announced Friday its agreement to acquire the remaining 50% interest in Sabra Dipping Company, LLC, and PepsiCo-Strauss Fresh Dips ...

PepsiCo has focused on the fresh dips category for over 15 years, forming Sabra and Obela as 50/50 joint ventures with the Strauss Group in 2008 and 2012, respectively.

PepsiCo purchased 50% of the Sabra Obela dips brand from Strauss for $244 million (NIS 900 million), making it the full owner.