Did Pepkor buy legit?
Yes, PepsiCo moved to full ownership of the Sabra and Obela dip brands in late 2024. PepsiCo had already held a 50% stake in the joint venture and purchased the remaining 50% from its former partner, the Strauss Group, for approximately $244 million. This acquisition solidified PepsiCo's position as the sole owner of the brand, giving it full control over the operations and strategic direction of the Sabra hummus and dip business.
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