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 ...

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 ...

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 ...

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 ...

(NASDAQ: PEP) today announced its agreement to acquire the remaining 50% interest in Sabra Dipping Company, LLC (Sabra) and PepsiCo-Strauss Fresh Dips & Spreads International GmbH (Obela) and become ...

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