The deal with Strauss Group will enable the CPG giant to expand its better-for-you portfolio by giving it full control over ...

Food manufacturer sells holding in joint venture after declining sales amid fierce competition and an uptick in the ...

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

The action will make PepsiCo the exclusive proprietor of Sabra and Obela, brands focused on chilled dips and spreads. Leading ...

PepsiCo (PEP) announced its agreement to acquire the remaining 50% interest in Sabra and PepsiCo-Strauss Fresh Dips & Spreads ...

Snack and beverage giant PepsiCo, Inc. (PEP) announced Friday its agreement to acquire the remaining 50% interest in Sabra Dipping ...

PepsiCo acquired full ownership of the Sabra Obela dips brand from its former partner Strauss Group for $244 million, according to a joint statement on Friday. PepsiCo purchased 50% of the Sabra ...

PepsiCo has agreed to take full ownership of the Sabra and Obela dip and spread brands from Israeli foodmaker Strauss Group for an undisclosed amount.

LLC (Sabra) and PepsiCo-Strauss Fresh Dips & Spreads International GmbH (Obela) and become the sole owner of these companies, which make Sabra and Obela products. PepsiCo has focused on the fresh ...

Sabra, the top hummus brand in the U.S., rakes in nearly $400 million annually, while Obela holds its ground in markets like Australia and Mexico. This isn't just about hummus; it's about PepsiCo ...

Sabra and Obela were established as 50/50 joint ventures between PepsiCo and Israel’s Strauss Group. Credit: LCV/Shutterstock. PepsiCo is to buy out Israel’s Strauss Group from their Sabra and ...

This acquisition will make PepsiCo the sole owner of the companies behind Sabra and Obela products. Sabra and Obela, 50/50 ...