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

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

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

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

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

PepsiCo continues its buying spree with the acquisition of hummus brands Sabra and Obela from Israeli food manufacturer Strauss Group, further bolstering its better-for-you portfolio as its ...

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

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 ...