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Tropicana also has Fruit Snacks, and in the United Kingdom makes smoothies. [29] Trop50, introduced by Tropicana in 2009, is orange juice with 50% less sugar and calories, a reduction achieved by dilution with 50% water and addition of Reb A or PureVia, chemically altered versions of the Stevia plant. [30]
On August 3, 2021, PepsiCo announced that they have agreed to sell a majority stake in Tropicana, Naked and other North American juice brands to French private equity firm PAI Partners for US$3.3 billion, so that the company can concentrate on its healthy snack food business. Pepsi will hold a 39% stake in the joint venture as well as having ...
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 ...
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The design tweak, estimated to have cost Tropicana $35 million, had a seismic shift on the juice industry. Not only did Tropicana unit sales plummet 20% from Jan. 1 to Feb. 22 following the ...
Tropicana Products was founded in 1947 in Bradenton, Florida by Anthony T. Rossi, an Italian immigrant, growing from 50 employees to over 3,000 in 2003. [1] [2] Early distribution of fresh orange juice was by way of hand-delivered juice jars to nearby homes, but demand grew, especially in New York City.
Tropicana recently ditched its distinct orange juice in clear, plastic circular-shaped bottles with a thinning neck and a crown-like bottle cap, known as a carafe. Over the summer, it rolled out a ...
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 ...
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