With Siete, PepsiCo will further expand its portfolio of products with nutritious, simple foods and ingredients and bring this popular, growing brand to new fans in even more places PepsiCo announced that it has closed the acquisition of Garza Food Ventures LLC, dba Siete Foods (Siete), for $1.2 billion. Over the[Read More…]
Tag: PepsiCo
PepsiCo to acquire full ownership of Sabra and Obela
Enables PepsiCo to accelerate innovation in refrigerated fresh dips and spreads to meet growing consumer demand PepsiCo announced its agreement to acquire the remaining 50 per cent interest in Sabra Dipping Company, LLC (Sabra) and PepsiCo-Strauss Fresh Dips & Spreads International GmbH (Obela) and become the sole owner of these companies, which[Read More…]
Carlsberg to become PepsiCo bottler in Kazakhstan and Kyrgyzstan
Carlsberg plans to invest more than EUR 100 million in building a new production facility for soft drinks in Kazakhstan, more than doubling the overall business The Carlsberg Group (Carlsberg) and PepsiCo, Inc. (PepsiCo) are expanding their strategic partnership with a new agreement under which Carlsberg will become the PepsiCo[Read More…]
PEPSICO to acquire SIETE FOODS for $1.2 Bn
The acquisition will complement PepsiCo’s portfolio with the addition of an authentic, Mexican-American brand PepsiCo, Inc. announced that it has entered into a definitive agreement to acquire Garza Food Ventures LLC, dba Siete Foods (Siete) for $1.2 billion. The acquisition will complement PepsiCo’s portfolio with the addition of an authentic, Mexican-American[Read More…]
Varun Beverages announces $50 Mn Pepsi production facility in Congo
The Pepsi beverage facility will be developed on 15 hectares (37 acres) of land at Kiswishi City SEZ Varun Beverages, one of the largest franchisees of PepsiCo in the world, has announced a $50 million investment in a state-of-the-art Pepsi production facility in Kiswishi City, the first private Special Economic Zone[Read More…]
PepsiCo Australia appoints Alessia Taddei as CMO
Taddei will oversee the entire marketing strategy for Australia and New Zealand, leading PepsiCo’s food marketing teams and agency partners PepsiCo Australia has named Alessia Taddei as its new chief marketing officer (CMO) for ANZ Foods, effective from 1st September. Taddei will assume the responsibilities of former CMO Vandita Pandey,[Read More…]
PepsiCo South Africa to sell Marmite, Bovril and Savoury Food Ingredients business
The proposed acquisition demonstrates Lallemand’s ongoing commitment to the Southern African region Lallemand Inc (through its South African affiliate, Rymco Pty Ltd, trading as Anchor Yeast) has agreed to buy the Marmite and Bovril black spreads and Savoury Food Ingredients business unit from PepsiCo South Africa. The transaction is expected[Read More…]
PepsiCo Europe and Yara partner to decarbonise crop production
As part of the partnership, which spans multiple countries, participating PepsiCo Europe farmers will be equipped with best-in-class crop nutrition products and advice as well as precision farming digital tools PepsiCo Europe and Yara announced today a long-term partnership in Europe aimed at providing farmers with crop nutrition programs to[Read More…]
PepsiCo Romania inaugurates automated warehouse
The investment in the state-of-the-art automated warehouse was $33.5 million and the construction took one year PepsiCo, one of the leaders in the food and beverage industry, announces the inauguration of the automated warehouse at the snacks factory in Popești-Leordeni, marking the completion of a strategic investment project worth over[Read More…]
PepsiCo to build snack production plant in Kazakhstan
With $160 million in secured private foreign investments, the plant is expected to have an initial production capacity of up to 16,000 tonnes of snacks per year, increasing to 21,000 tonnes by 2027 PepsiCo has announced its plans to build the largest salty snack production plant in Central Asia, to[Read More…]
