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PAI Partners bought PepsiCo s juice businesses What next?

PAI Partners bought PepsiCo s juice businesses What next?
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Media Bites 4 August: PepsiCo, Greggs, Domino s | News

By Alec Mattinson2021-08-04T07:49:00+01:00 PepsiCo has agreed to sell a controlling stake in its Tropicana and Naked Juice brands to French private equity firm PAI Partners for $3.3bn, as it seeks to focus on calorie-free beverages, energy drinks and products that it claims are better for the environment such as SodaStream (The Financial Times £). Some of the world’s most popular fruit juice drinks are changing hands after PepsiCo, the beverage and snacks conglomerate, sold a majority stake in brands including Tropicana to a French private equity firm (The Times £). Drinks giant Pepsi is selling juice brand Tropicana in a $3.3bn (£2.4bn) deal as health-conscious consumers ditch sugary drinks in favour of lower-calorie options (The Telegraph). The New York-based drinks and snack giant said it would retain a 39% interest in the joint venture with PAI Partners of France (Sky News). As PepsiCo’s future strategy focusses on zero-calorie drinks, a reminder that hasn’t been able

PepsiCo to sell Tropicana and other juice brands for $3 3bn to move away from high-sugar drinks

PepsiCo to sell Tropicana and other juice brands for $3 3bn to move away from high-sugar drinks
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PepsiCo to sell Tropicana and other juice brands for $3 3 bn

PepsiCo to sell Tropicana and other juice brands for $3 3 bn
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PepsiCo to sell Tropicana, other juice brands for $3 3 billion

PepsiCo to sell Tropicana, other juice brands for $3 3 billion
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