Trademagazin > News and articles > Company and Personal News > PepsiCo to buy 80% of Sandora for $542mn
PepsiCo to buy 80% of Sandora for $542mn
PepsiCo announced that they have agreed to acquire an 80% stake in Sandora LLC, a Ukrainian juice producer, for $542 million plus assumed debt.
The soft drinks giant and its bottling company said that they have formed a
joint venture to buy the stake, and PepsiAmericas will hold 60% in the joint
venture. PepsiCo said that the acquisition will have no impact on its full year
EPS guidance. The companies said that the joint venture will acquire the
remaining 20% in Sandora by November.
Related news
More related news >
Related news
We mostly stock up on sandwich ingredients
Baked goods, cold meats, ham, salami and some kind of…
Read more >Eisberg’s campaign to encourage healthy eating has started
We should consume at least five servings of vegetables or…
Read more >BH AgrárTrend Index: the outlook for the Hungarian food industry has stabilized
The assessment of the situation of the actors of the…
Read more >