PepsiCo to Acquire Full Ownership of Sabra and Obela

November 25, 2024 PepsiCo

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 venture is based in New York and operates in the U.S. and Canada. The Obela joint venture is based in Geneva and operates in Australia, New Zealand and Mexico.

PepsiCo to Acquire Siete Foods for $1.2 Billion

October 2, 2024 PepsiCo

The acquisition will complement PepsiCo’s portfolio with the addition of an authentic, Mexican-American brand, while also growing its better-for-you food offerings. Siete products will bring a rich, new aspect to the PepsiCo multicultural portfolio with delicious food that plays an important role in meal occasions and culinary experiences. 

NGA Foundation Seeks Nominations for Executive Leadership Development Program

December 22, 2022 National Grocers Association

The NGA Foundation (NGAF) is seeking nominations for grocery industry leaders to attend its Executive Leadership Development Program (ELDP). Sponsored by PepsiCo and designed to prepare leaders to face business challenges in the 21st-century marketplace, the conference will be held June 4-8, 2023, at Cornell University in Ithaca, N.Y.

PepsiCo Introduces New Ghost Kitchen Capability for Foodservice Partners

November 17, 2022 PepsiCo

PepsiCo announces a new ghost kitchen capability to help unlock growth opportunities for foodservice partners. The new offering will enable existing and future PepsiCo Foodservice customers to seamlessly enter the bourgeoning ghost kitchen space and leverage PepsiCo’s innovative resources and portfolio of iconic brands to optimize off-premise performance. Under this new umbrella offering, PepsiCo will harness learnings from the success of Pep’s Place to introduce additional ghost kitchen menus centered around some of PepsiCo’s most beloved brands.

Stacy’s Rise Project™ Launches in Canada to Support Women Entrepreneurs

September 27, 2022 Stacy's

As a woman-founded business, the Stacy’s brand believes in celebrating and supporting women with entrepreneurial passions. For the first time, the snack brand will be launching the Stacy’s Rise Project™ in Canada as part of its ongoing efforts to support women entrepreneurs who are still experiencing a lack of resources needed to help them rise.