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 ...