PepsiCo entered into a 50/50 joint venture with Strauss for the Sabra and Obela brands in 2008 and 2012, respectively. PepsiCo’s acquisition will help it “meet the growing demand for positive ...

The deal with Strauss Group will enable the CPG giant to expand its better-for-you portfolio by giving it full control over ...

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

PepsiCo purchased 50% of the Sabra Obela dips brand from Strauss for $244 million (NIS 900 million), making it the full owner ...

Sabra and Obela are currently 50/50 joint ventures that had been formed between PepsiCo and Strauss Group to manufacture, ...

PURCHASE, NY. — PepsiCo, Inc. is acquiring the remaining 50% interest in the manufacturers of Sabra and Obela from Strauss ...

PURCHASE, N.Y. — PepsiCo Inc. is evolving its snacking business through a new acquisition pact.

Snack and beverage giant PepsiCo, Inc. (PEP) announced Friday its agreement to acquire the remaining 50% interest in Sabra Dipping ...

PepsiCo, Inc. PEP looks well-poised for growth on strength in its core categories, diversified portfolio, improved digital capabilities and flexible go-to-market distribution systems. In the latest ...

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 leading ...

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 ...