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 ...

In the latest revelation, PepsiCo has agreed to purchase the remaining 50% interest in Sabra Dipping Company, LLC (Sabra) and PepsiCo-Strauss Fresh Dips & Spreads International GmbH (Obela). Hence, ...

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

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

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 ...

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

PepsiCo will become the sole owner of Sabra and Obela by acquiring the remaining 50% interest in both businesses.

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. Sabra and Obela are currently 50/ ...

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