PepsiCo Acquires Remaining Stakes in Sabra Dipping Company and Obela
November 27, 2024
PepsiCo announced it has agreed to acquire the remaining 50% interests in Sabra Dipping Company, LLC and PepsiCo-Strauss Fresh Dips & Spreads International GmbH (Obela) to become their sole owner. Sabra and Obela are refrigerated dips and spreads brands that have operated as 50/50 joint ventures with Strauss Group since 2008 (Sabra) and 2012 (Obela), respectively.
- Buyers
- PepsiCo, Inc.
- Targets
- Sabra Dipping Company, LLC, PepsiCo-Strauss Fresh Dips & Spreads International GmbH (Obela)
- Sellers
- Strauss Group
- Industry
- Food & Beverage
- Location
- New York, United States
- Transaction Type
- Buyout
Explore More
Build a buyer list for your deal
Find active buyers from recent acquisition patterns and move straight into outreach.