PepsiCo takes full control of Sabra Obela

PepsiCo Agrees to Buy the Remaining 50% Stake in Sabra and Obela
PEP agrees to fully acquire Sabra and Obela. The company is focused on boosting greater efficiency by reducing costs.
PepsiCo takes full control of Sabra Obela from Strauss Group for $244 million
PepsiCo purchased 50% of the Sabra Obela dips brand from Strauss for $244 million (NIS 900 million), making it the full owner.
PepsiCo To Become Sole Owner Of Dip Makers Sabra And Obela
PepsiCo will become the sole owner of Sabra and Obela by acquiring the remaining 50% interest in both businesses.
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 dip and spread products.
PepsiCo Takes Full Ownership of Sabra, Obela Brands
Pepsico and Strauss Group formed Sabra as a 50-50 joint venture in 2008, and did the same for Obela in 2012. The transaction is expected to close by the end of the year. PepsiCo said the deal is part of an effort to develop its health-conscious products for North American consumers.
PepsiCo To Buy Out Sabra Dipping And Obela JVs From Strauss Group; Terms Not Disclosed
Snack and beverage giant PepsiCo, Inc. (PEP) announced Friday its agreement to acquire the remaining 50% interest in Sabra Dipping
PepsiCo to acquire full ownership of Sabra and Obela JVs
PepsiCo is to buy out Israel's Strauss Group from their Sabra and Obela dips ventures. The US giant did not disclose how much it had agreed to pay for the 50% stakes in US-based Sabra Dipping Company and Switzerland-based PepsiCo-Strauss Fresh Dips & Spreads International,
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Will PepsiCo’s acquisition of Sabra, Obela kickstart its slumping North American snack business?
PepsiCo follows up its acquisition of Siete Foods by purchasing the other half of hummus brand Sabra and Obela from Strauss ...
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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 ...
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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 ...
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PepsiCo's Bold Move: Full Ownership of Sabra & Obela Changes the Game for Fresh Dips
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 ...