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.

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Sandwich chain Subway has announced that its global chief executive officer John Chidsey is to retire at the end of 2024.

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

PURCHASE, N.Y. — PepsiCo Inc. is evolving its snacking business through a new acquisition pact.

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

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

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