PEP agrees to fully acquire Sabra and Obela. The company is focused on boosting greater efficiency by reducing costs.

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

PepsiCo to acquire the remaining 50 per cent interest in Sabra Dipping Company and PepsiCo-Strauss Fresh Dips & Spreads International GmbH (Obela) and become the sole owner of these companies.

PepsiCo, Inc. has announced its agreement to acquire the remaining 50 per cent interest in Sabra Dipping Company, LLC (Sabra) ...

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

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 ...

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

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