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%.

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. 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 ...

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 ...

(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 ...

CELH's rapid growth and innovation challenge PEP's scale and stability as both target the booming functional beverage market.

Oneok (NYSE: OKE), and PepsiCo (NASDAQ: PEP) are currently down more than 25% from their 52-week highs. The silver lining to ...

PepsiCo's dividend yield is approaching 4.5% because of a big slump in its stock price this year. That's a very attractive ...

PepsiCo announced Monday it has officially acquired Poppi, a healthier soda brand. The move comes after PepsiCo’s acquisition of both food makers Siete and Sabra, all “aimed at aligning with ...

PURCHASE, N.Y., Nov. 22, 2024 /PRNewswire/ -- PepsiCo, Inc. (NASDAQ: PEP) today announced its agreement to acquire the remaining 50% interest in Sabra Dipping Company, LLC (Sabra) and PepsiCo ...