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

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

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

Food manufacturer sells holding in joint venture after declining sales, amid fierce competition and an uptick in the ...

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

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

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 ...

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. The Sabra joint ...

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 (PEP) announced its agreement to acquire the remaining 50% interest in Sabra and PepsiCo-Strauss Fresh Dips & Spreads International, or Obela, and become the sole owner of these companies ...

Sabra and Obela were established as 50/50 joint ventures between PepsiCo and Israel’s Strauss Group. Credit: LCV/Shutterstock. PepsiCo is to buy out Israel’s Strauss Group from their Sabra and ...

Sabra, the top hummus brand in the U.S., rakes in nearly $400 million annually, while Obela holds its ground in markets like Australia and Mexico. This isn't just about hummus; it's about PepsiCo ...