Constellation Brands Sells Off Svedka, J.M. Smucker Drops VoortmanTwo brands, Constellation Brands and J.M. Smucker, are joining the recent jump in M&A activity within the CPG space, slimming portfolios to cut back on costs and focus on more profitable opportunities. PepsiCo Expands Snack Business With Full Ownership Of Sabra and ObelaPepsiCo is expanding its healthier snack portfolio by becoming the sole owner of dip and spread companies Sabra Dipping Company and Obela. BlueTriton Taps Former Sabra Exec Joey Bergstein as New CEO The water company has named Joey Bergstein its new chief executive officer, effective November 28, 2023. Sabra Serves Up New Flavor of On-The-Go Snack Sabra Introduces Roasted Red Pepper in a new 2-oz snack size Single Serve package.
