Sabra is owned by PepsiCo (the United States, NASDAQ: PEP), which acquired the brand on 3 December 2024 for $241 million from Strauss Group.[1][2] Before PepsiCo took full ownership, Sabra was a joint venture, with Strauss Group holding 50% until 2024.
Sabra is the largest hummus brand in the United States, and PepsiCo acquired full ownership in 2024 after twenty years as a joint venture with the Israeli food company Strauss. Hummus grew from a specialty item to a mainstream dip during that period.
PepsiCo bought the Strauss Group out of Sabra for $241 million in cash, ending the joint venture through which the two had run the largest hummus brand in the United States, and making it a wholly owned subsidiary. Consolidating it produced a $122 million pre-tax gain, the accounting effect of remeasuring the half PepsiCo already held at fair value.
No tagged news items yet. Deals, regulatory actions and recalls are added from SEC filings, regulators and trade press; only titles and links are stored.
Headlines link to the original publisher. Brandtree does not reproduce article text.
Frequently asked questions
Who is the parent company of Sabra?
⌄
The parent company of Sabra is PepsiCo, a publicly listed company headquartered in the United States.
Is Sabra American?
⌄
Yes. Sabra originated in the United States in 1986 and its owner, PepsiCo, is also headquartered in the United States.
When did PepsiCo buy Sabra?
⌄
PepsiCo completed its acquisition of Sabra on 3 December 2024. The deal was valued at $241 million.
Is Sabra still owned by PepsiCo?
⌄
Yes. As of 16 September 2026, Sabra is still owned by PepsiCo. The ownership record was last checked against primary sources on that date.
Sources (2) & corrections
Last verified . Every ownership fact above is backed by one of these primary documents. Numbers in brackets in the text refer to this list.