UKRAINE: PepsiAmericas, PepsiCo take control of Sandora

Most popular

Will coronavirus put hard seltzer in the shade?

Mangrove MD warns of coronavirus impact on spirits

The challenges facing alcohol brands

British Honey Co banks on hand sanitiser sales

Coronavirus special - US Distilled Spirits Council


PepsiAmericas and PepsiCo have completed their purchase of the remaining shares in Ukrainian juice company Sandora.

The two companies confirmed today (6 November) that they have successfully acquired the 20% stake in Sandora that they do not already own. The purchase of the stake, valued by the two companies at US$136.7m gives PepsiAmericas and PepsiCo total control of Sandora, and gives them "a strong platform for growth".

"The transaction is not expected to have an impact on PepsiAmericas' nor PepsiCo's previously announced earnings per share guidance for 2007," the companies said.

In August, PepsiAmericas and PepsiCo bought an 80% holding in Sandora through a joint venture. PepsiAmericas holds a 60% stake in Sandora, with today's acquisition upping PepsiCo's share from 20% to 40%.

While PepsiAmericas will handle the day-to-day operations of the business, PepsiCo will oversee brand development at Sandora.

Sandora accounts for around 50% of the total juice volume consumed in Ukraine.

Sectors: Soft drinks, Water

Companies: PepsiAmericas, PepsiCo

Related Content

PepsiCo targets sub-Saharan Africa with Pioneer Foods takeover - Juice in South Africa data

PepsiCo targets sub-Saharan Africa with Pioneer Foods takeover - Juice in South Africa data...

"We've got to be part of a wider ecosystem to succeed" - Daniel Grubbs, MD of the PepsiCo Ventures G...

"The Constellation deal helps to take my choke-chain off" - just-drinks speaks to Montanya Distiller...

PepsiCo to invest in packaging-free beverages

PepsiCo to invest in packaging-free beverages...

Oops! This article is copy protected.

Why can’t I copy the text on this page?

The ability to copy articles is specially reserved for people who are part of a group membership.

How do I become a group member?

To find out how you and your team can copy and share articles and save money as part of a group membership call Sean Clinton on
+44 (0)1527 573 736 or complete this form..

Forgot your password?