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 ...
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 ...
PepsiCo is purchasing the remaining half of Sabra and Obela dip and spread brands that it doesn’t already own from Strauss Group. The Israeli food manufacturer said PepsiCo is paying $240.8 ...
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.