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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 ...
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 ...
Slice was reintroduced in India by PepsiCo in 2008 as a mango-flavored fruit drink [1] where it is currently advertised as Tropicana Slice. [3] The trademark rights for “Slice” in the United States and Canada were acquired by "New Slice Ventures LLC" in 2018, [4] which introduced it as a brand of sparkling water containing organic fruit ...
Anthony Talamo Rossi (September 13, 1900 – January 24, 1993) was an Italian-born American who founded Tropicana Products, a producer of orange juice, in 1947 in Bradenton, Florida. It grew from 50 employees to over 8,000 in 2004, expanding into multiple product lines and becoming one of the world's largest producers and marketers of citrus juice.
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In April 2024, Varun Beverages started manufacturing soft drinks at its Gorakhpur facility. [16] In November 2024, Varun Beverages announced acquisitions of SBC Beverages Tanzania Limited (SBCT) for ₹1304 crore, SBC Beverages Ghana Limited (SBCG) for ₹127 crore, and a 39.93% stake in Lunarmech Technologies Pvt Ltd for ₹200 crore. [17]
Out of juice: Prices of OJ are reaching all-time highs as climate-fueled extreme weather devastates industry ... with the country producing 232.4 million boxes of oranges in the 2024 to 2025 ...
In 1970, Tropicana orange juice was shipped in bulk via insulated boxcars in one weekly round-trip from Florida to Kearny, New Jersey. By the following year, the company was operating two 60-car unit trains a week, each carrying around 1 million US gallons (0.83 × 10 ^ 6 imp gal; 3,800 m 3 ) of juice.