Ad
related to: selling tropicana naked juice products free
Search results
Results From The WOW.Com Content Network
PepsiCo announced it will sell Tropicana, Naked and other select juice brands to private equity firm PAI Partners. The company will net $3.3 billion in after-tax proceeds from the deal, and also ...
Naked Juice is an American brand that produces juices and smoothies.The company is based in Monrovia, California and is owned by PAI Partners.The first Naked Juice drink was produced in 1983 and sold in California under the name "Naked Juice", referring to the composition of no artificial flavors, added sugar, or preservatives. [1]
On August 3, 2021, PepsiCo announced that they would sell a majority stake in Tropicana, Naked Juice, and other juice brands to PAI Partners for $3.3 billion, to concentrate on their healthy snack foods and zero-calorie beverages. They would retain a 39% stake in the new joint-venture company and have exclusive distribution rights to the brands ...
In 2021 PAI completed its largest ever investment with the $3.3 billion acquisition of Tropicana, Naked and other North American juice brands from PepsiCo. [21] Previous transactions in consumer goods and services, healthcare as well as general industrial companies are highlighted below: [15]
The orange juice giant lost 20% of sales in less than two months in 2009 after a wildly unpopular brand redesign. Tropicana reignited a 15-year feud with customers over its packaging design ...
Talk about a juicy deal. For premium support please call: 800-290-4726 more ways to reach us
Several Del Monte products hold the number one or two market share position. [10] The company also produces, distributes and markets private-label food. In 2014, Del Monte Foods Inc. was acquired by the Philippines' Campos Group-owned Del Monte Pacific Limited in an acquisition deal that cost US$1.67 billion. [ 11 ]
PepsiCo announced it will sell Tropicana, Naked and other select juice brands to private equity firm PAI Partners. The company will net $3.3 billion in after-tax proceeds from the deal, and also ...