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 follows up its acquisition of Siete Foods by purchasing the other half of hummus brand Sabra and Obela from Strauss ...

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

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.

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

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

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

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

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