PepsiCo, Beyond Meat create JV for plant-based snacks and beverages

PepsiCo, Beyond Meat create JV for plant-based snacks and beverages

PepsiCo and Beyond Meat have agreed to create a joint venture (JV) called The PLANeT Partnership (TPP) for making snack and beverage products from plant-based protein. The joint venture will utilize Beyond Meat’s technology in plant-based protein development and PepsiCo’s marketing and commercial capabilities. Ethan Brown – Beyond Meat Founder and CEO said: “We are […]

PepsiCo to acquire Chinese snack brand Be & Cheery for $705m

PepsiCo to acquire Chinese snack brand Be & Cheery for $705m

PepsiCo acquisition of Be & Cheery : PepsiCo has agreed to acquire Chinese online snack company Hangzhou Haomusi Food (trading as Be & Cheery) from jujube maker Haoxiangni Health Food for $705 million as per the latest food acquisition news. Operating in China for almost 40 years, PepsiCo said that the acquisition is a major […]