The Obela joint venture is based in Geneva and operates in Australia, New Zealand and Mexico. It has focused on the fresh dips category for over 15 years, forming Sabra and Obela as 50/50 joint ...

The Group's operating profit reached NIS 181 million, 6.0% of sales, compared to NIS 204 million, 7.8% of sales in the first quarter last year. Operating profit was impacted by rising raw material ...

Sales The company's sales in Q1-2025 reached NIS 2,990 million, an increase of 15.5% compared to the first quarter of 2024. Excluding the impact of exchange rates, sales increased by 20.9%. During ...

Sabra and Obela are joint ventures established by PepsiCo and Strauss Group in a 50/50 ratio for the production, distribution and sale of chilled sauces and spreads in 2008 and 2012, respectively. The ...

6. Sabra and Obela (2008, 2012): 100% ownership You might be surprised to learn that PepsiCo owns the popular hummus brand Sabra and Obela, its sister brand of dips.

PepsiCo in January said it had closed its $1.2 billion acquisition of Siete Foods for $1.2 billion, after saying in November that it would buy the remaining 50% of Sabra and Obela dip and spread ...

Additionally, PepsiCo’s acquisition of the other half of hummus brands Sabra and Obela from food manufacturer Strauss Group will help the company meet consumer demands for more protein, Laguarta ...

Sabra & Obela give PEP exposure outside of the U.S. as Sabra operates in the U.S. & Canada, while the Obela acquisition gives PEP exposure in Australia, Mexico, and New Zealand.

PepsiCo is set to acquire full ownership of Sabra Dipping Company and Obela, taking over the remaining 50 per cent stakes in both businesses from Strauss Group. This move makes PepsiCo the sole owner ...

PepsiCo has agreed to acquire the remaining 50% interest in Sabra Dipping Company and PepsiCo-Strauss Fresh Dips & Spreads International.

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. Sabra has become a leading ...