FoodBusinessNews14h
PepsiCo to acquire Sabra, Obela spreads ventures
PURCHASE, NY. — PepsiCo, Inc. is acquiring the remaining 50% interest in the manufacturers of Sabra and Obela from Strauss ...
PepsiCo to acquire full ownership of Sabra, Obela brands for $244M
The deal with Strauss Group will enable the CPG giant to expand its better-for-you portfolio by giving it full control over ...
The Times of Israel on MSN21h
Strauss divests stake in Sabra US hummus venture to PepsiCo for $244 million
Food manufacturer sells holding in joint venture after declining sales amid fierce competition and an uptick in the ...
KRQE Blogs3d
PEPSICO TO ACQUIRE FULL OWNERSHIP OF SABRA AND OBELA
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 ...
PepsiCo to Take Full Control of Sabra and Obela in Strategic Expansion Move
The action will make PepsiCo the exclusive proprietor of Sabra and Obela, brands focused on chilled dips and spreads. Leading ...
Benzinga.com3d
PepsiCo Strengthens Hold On US Hummus Market with Sabra & Obela Buyout
PepsiCo to fully acquire Sabra and Obela brands, strengthening its position in healthy refrigerated dips. Sabra leads the U.S. hummus market with $400M in retail sales; deal closes by the end of ...