PepsiCo takes full control of Sabra Obela

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 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 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 Take Full Control of Sabra and Obela in Strategic Expansion Move
The action will make PepsiCo the exclusive proprietor of Sabra and Obela, brands focused on chilled dips and spreads. Leading the U.S. hummus market with $400 million in retail sales, Sabra was co-founded by PepsiCo and Strauss over 15 years ago.
Strauss sells 50% Sabra dips stake to PepsiCo
Strauss Group (TASE: STRS) has announced that it is selling its 50% stake in Sabra Dipping Co., and PepsiCo-Strauss Fresh Dips & Spreads International GmbH (Obela) for $243.8 million.
PepsiCo to acquire remaining 50% interest of Sabra and Obela, terms undisclosed
PepsiCo (PEP) announced its agreement to acquire the remaining 50% interest in Sabra and PepsiCo-Strauss Fresh Dips & Spreads
PepsiCo Takes Full Ownership of Sabra, Obela Brands
PepsiCo has agreed to take full ownership of the Sabra and Obela dip and spread brands from Israeli foodmaker Strauss Group for an undisclosed amount.
PepsiCo, Inc.: Pepsico To Acquire Full Ownership Of Sabra And Obela
Enables PepsiCo to Accelerate Innovation in Refrigerated Fresh Dips and Spreads to Meet Growing Consumer Demand Further Expands Company's Positive Choice Portfolio
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,
The Times of Israel on MSN2h
Strauss divests stake in Sabra US hummus venture to PepsiCo for $244 million
Food manufacturer sells holding in joint venture after declining sales amid fierce competition and an uptick in the ...
PM NEWS Nigeria8d
I will be elected Governor - Aiyedatiwa
I am at an advantage to win because of the work I have done in the last 10 months. I was the only candidate that covered the ...
legit on MSN8d
Ondo 2024: Why "I Am At An Advantage To Win", Aiyedatiwa Speaks After Voting
Gov Lucky Aiyedatiwa has voiced confidence in winning in the ongoing Ondo governorship election, attributing his optimism to ...
PepsiCo Strengthens Hold On US Hummus Market with Sabra & Obela Buyout
PepsiCo, Inc. (NASDAQ:PEP) disclosed a deal to acquire the remaining 50% stake in Sabra Dipping Company, LLC, and ...
PM NEWS Nigeria8d
Ondo Governorship: Aiyedatiwa wins Polling Unit in landslide victory
At the conclusion of the exercise, Aiyedatiwa secured 128 votes, triumphing over Ajayi of the PDP, who garnered just 3 votes.