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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 ...
And move it elsewhere PepsiCo did. 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 ...
Tropicana Farmstand; Tropicana Pure Premium; Tropicana Twister; Twisties (Oceania Region) Vesely Molochnik; ... Pepsi Edge; Pepsi One; Pepsi Next; Pepsi Wild Cherry;
The rest of the Slice line was replaced in most markets by Tropicana Twister Soda in the summer of 2005. In early 2006, Pepsi resurrected the Slice name for a new line of diet soda called Slice ONE. Marketed exclusively at Walmart stores, Slice ONE was available in orange, grape and berry flavors, all sweetened with Splenda.
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The same year, Seagram sold to PepsiCo its juice business Tropicana Products that it acquired in 1988 for $3.1 billion. [3] In 2000, Seagram's entertainment division was sold to Vivendi, and, after Vivendi had acquired French media giant Groupe Canal+, it became part of the new company, Vivendi Universal, on 11 December 2000. [19]
And move it elsewhere PepsiCo did. 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 ...
Not only did Tropicana unit sales plummet 20% from Jan. 1 to Feb. 22 following the rebrand, but dollar sales dropped 19%. Tropicana competitors Florida’s Natural and Minute Maid saw double-digit ...