• About us
  • Advertise
  • Contact
  • Nominate
  • Client’s Voice
  • Login
  • Register
📖 Magazine
The Global Economics
  • Home
  • Banking
  • Non Banking
  • Markets
  • Infrastructure
  • Lifestyle
  • FeatureNew
  • Awards
No Result
View All Result
  • Home
  • Banking
  • Non Banking
  • Markets
  • Infrastructure
  • Lifestyle
  • FeatureNew
  • Awards
No Result
View All Result
The Global Economics
No Result
View All Result
Home Non Banking Wealth & Asset Management

PepsiCo to sell its juice brands to French equity firm PAI Partners for $3.3 billion

PepsiCo made an announcement that it has agreed to sell its juice brands such as Naked, Tropicana, and other North American juice brands to for $3.3 billion to PAI Partners

The Global Economics by The Global Economics
August 4, 2021
in Retail, Brokerage, Mergers & Acquisitions, Top Stories, Wealth & Asset Management
Reading Time: 2 mins read
0
PepsiCo to sell its juice brands to French equity firm PAI Partners for $3.3 billion

PepsiCo to sell its juice brands to French equity firm PAI Partners for $3.3 billion

998
SHARES
5.5k
VIEWS
FacebookTwitterRedditWhatsAppLinkedInFacebook

PepsiCo made an announcement that it has agreed to sell its juice brands such as Naked, Tropicana, and other North American juice brands for $3.3 billion to PAI Partners, a French private equity firm.

The deal made by PepsiCo with the French equity firm will net for Pepsi. This deal will make Pepsi also receive a 39 % stake in a brand-new joint venture with PAI Partners. Pepsi will also get the exclusive U.S. distribution rights for Tropicana, Naked, and the other juice brands for varied channels, like food service.

PAI Partners will now also have an irrevocable option of buying certain juice businesses of Pepsi in Europe, as per the deal.

The transaction between PepsiCo and PAI Partners might happen sometime late this year or during early 2022. Pepsi will use the proceeds garnered from this sale to solidify its balance sheet to be able to invest back in its business.

In 2020, the brands involved in the deal managed to generate roughly about $3 billion in revenue for Pepsi. Pepsi in 2020 reported net sales of $70.37 billion.

The Covid-19 pandemic brought about a focus on immune-boosting foods and drinks. With the focus shifting onto healthy lifestyles and good nutrition, the role of fruit juices in the consumer’s routine has become uncertain. Also, the ongoing concern about drinks high in sugar seems to be another reason why the long-term trend has been declining.

The sales of orange juice surged in 2020, as consumers sought drinks containing more vitamin C to boost immunity.  As a response to the pandemic, several food and beverage businesses, including big companies like rival Coca-Cola, have spent much of 2020 trimming their portfolios.

The rise in shares of Pepsi by 5% has given Pepsi a market value of $216 billion. In Pepsi’s latest quarter, it has seen its quarterly revenue grow exponentially. The demand for its drinks in restaurants.

Tags: French Private Equity FirmNakedPAI PartnersPepsicoSellingTropicana
The Global Economics

The Global Economics

The Global Economics Limited is a UK based financial publication and a bi-annual business magazine giving thoughful insights into the financial sectors on various industries across the world. Our highlight is the prestigious country specific Annual Global Economics awards program where the best performers in various financial sectors are identified worldwide and honoured.

Related Posts

Israel-Jordan-UAE Agree to Landmark Tripartite Water-for-Energy Deal
Energy

Israel-Jordan-UAE Agree to Landmark Tripartite Water-for-Energy Deal

by The Global Economics
September 29, 2023
Evergrande Chairman Detained as Chinese Property Crisis Worsens
Real Estate

Evergrande Chairman Detained as Chinese Property Crisis Worsens

by The Global Economics
September 28, 2023
Looming US Govt Shutdown & Bitter Political Divide Threatens Economy
Economy

Looming US Govt Shutdown & Bitter Political Divide Threatens Economy

by The Global Economics
September 27, 2023
Evergrande’s Debt Struggles Shake China’s Property Stocks
Real Estate

Evergrande’s Debt Struggles Shake China’s Property Stocks

by Riya Thomas
September 25, 2023
The US Entertainment Industry Strike Nears End as Writers and Studios Reach Deal
Lifestyle

The US Entertainment Industry Strike Nears End as Writers and Studios Reach Deal 

by The Global Economics
September 25, 2023
Twitter Youtube LinkedIn Soundcloud
the global economics logo

The Global Economics Limited is a UK based financial publication and a quarterly business magazine giving thoughtful insights into the financial sectors on various industries across the world. Our highlight is the prestigious country specific Annual Global Economics awards program where the best performers in various financial sectors are identified worldwide and honoured.

DMCA.com Protection Status

  • Privacy
  • Legal
  • Terms of Use
  • Client’s Voice
  • Server Status

norton verified - the global economics

Latest Posts

Israel-Jordan-UAE Agree to Landmark Tripartite Water-for-Energy Deal

Israel-Jordan-UAE Agree to Landmark Tripartite Water-for-Energy Deal

September 29, 2023
Evergrande Chairman Detained as Chinese Property Crisis Worsens

Evergrande Chairman Detained as Chinese Property Crisis Worsens

September 28, 2023
Looming US Govt Shutdown & Bitter Political Divide Threatens Economy

Looming US Govt Shutdown & Bitter Political Divide Threatens Economy

September 27, 2023
Download The Global Economics PWA to your mobile or Desktop
PWA App Download
Download The Global Economics Android App to your mobile or Desktop
Android App
Download The Global Economics IOS App to your mobile or Desktop
IOS App

All Rights Reserved © 2020 | 🇬🇧 The Global Economics, Business Finance Publication - www.theglobaleconomics.uk 🌏

No Result
View All Result
  • About us
  • Awards
  • Magazine
  • Client’s Voice
  • Exclusive Coverage
  • Nominate
  • Login
  • Sign Up

All Rights Reserved © 2020 | 🇬🇧 The Global Economics, Business Finance Publication - www.theglobaleconomics.uk 🌏

Welcome Back!

Sign In with Facebook
Sign In with Linked In
OR

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Sign Up with Facebook
Sign Up with Linked In
OR

Fill the forms below to register

*By registering into our website, you agree to the Terms & Conditions and Privacy Policy.
All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
Go to mobile version