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 ...
PepsiCo expects double-digit growth out of its combined international business, while Gatorade and Propel offer a platform ...
The acquisition of Siete Foods dovetails nicely with Pepsi's November acquisitions of Sabra and Obela. Pepsi had already owned half of both joint ventures but moved to acquire the rest ...
The most recent announcement was PepsiCo's acquisition of the 50% of Sabra that it didn't already own. Sabra makes dips and spreads, which you could classify as packaged foods (where PepsiCo ...
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Pepsi Just Made a $1.2 Billion Acquisition of Something That Has Nothing to Do With Carbonated BeveragesThe surprising thing for some investors may be that Siete Foods doesn't have a single beverage in its product portfolio, let alone any carbonated beverages. Rather, the company makes food products ...
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