PepsiCo follows up its acquisition of Siete Foods by purchasing the other half of hummus brand Sabra and Obela from Strauss ...
The deal with Strauss Group will enable the CPG giant to expand its better-for-you portfolio by giving it full control over ...
PURCHASE, NY. — PepsiCo, Inc. is acquiring the remaining 50% interest in the manufacturers of Sabra and Obela from Strauss ...
PepsiCo purchased 50% of the Sabra Obela dips brand from Strauss for $244 million (NIS 900 million), making it the full owner ...
Food manufacturer sells holding in joint venture after declining sales amid fierce competition and an uptick in the ...
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 ...
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 ...
This acquisition will make PepsiCo the sole owner of the companies behind Sabra and Obela products. Sabra and Obela, 50/50 ...