Tag: PepsiCo
Sodastream Lays Off 120 Employees
The company, which was purchased in 2018 by the international PepsiCo corporation, employs a total of 2,900 people in Israel.
Former SodaStream CEO Investigated for Using Insider Information
A Tel Aviv court on Monday released Birnbaum on a 1.2 million shekel bail and banned him from leaving Israel.
SodaStream Hosts 3,000 Bedouin, Jews, US Ambassador, in Ramadan Iftar Feast
"Muslims, Druze, Christians and Jews working together, each making the other better, happier and more prosperous. This is peace!"
Israeli Company Looking to Conquer European Hummus Market
Quality hummus tastes close to sour cream, and after you've eaten a lot of it, you'll still crave more. Factory hummus, by definition, is stale, sour, and mealy. It can't be helped.
Sodastream Planning to Open Factory in Gaza
Sodastream CEO Daniel Birnbaum said simply, "Where there is prosperity, there can be peace."
PepsiCo Completes $3.2B Acquisition of SodaStream, Says Will Remain in Israel
"We are excited to grow hand-in-hand with PepsiCo in the months and years to come.”
SodaStream Employees to Get $5,000 Rosh Hashanah Bonus (Each) After PepsiCo Purchase
Out of the company’s 3,000 employees, 2,500 work in Israel.
PepsiCo to Buy SodaStream for $3.2 Billion
SodaStream CEO Daniel Birnbaum is expected to earn just under $20 million from the deal.
More Kosher Snack Foods Coming Up for Passover
Snack food manufacturers are increasingly turning to the Orthodox Union for kosher certification to expand their markets during the Passover holiday.
Classic Foods announced last...
Will Israeli Companies be Israeli in the Future?
Israel’s national snack food is Bamba, made by Osem, in which Nestle has a major stake. Strauss Foods is partly owned by Pepsi. Now China wants to buy Israel Tnuva. Will McDonald’s buy out falafel stands?