M&A Deal Summary

PepsiCo Acquires Chipsy For Food Industries SAE

On May 1, 2001, PepsiCo acquired food company Chipsy For Food Industries SAE

Acquisition Highlights
  • This is PepsiCo’s 2nd transaction in the Food sector.
  • This is PepsiCo’s 1st transaction in Egypt.

M&A Deal Summary

Date 2001-05-01
Target Chipsy For Food Industries SAE
Sector Food
Buyer(s) PepsiCo
Deal Type Add-on Acquisition
Advisor(s) EFG Holding (Financial)

Target

Chipsy For Food Industries SAE

Giza, Egypt
Chipsy For Food Industries SAE exports potato chips and products in Saudi Arabia, Kuwait, and Lebanon.

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Buyer(S) 1

Buyer

PepsiCo

Purchase, New York, United States

Category Company
Founded 1898
Sector Beverages
Employees319,000
Revenue 91.9B USD (2024)
DESCRIPTION
PepsiCo office in Columbia, Maryland.
PepsiCo office in Columbia, Maryland.

PepsiCo is a global food and beverage company. PepsiCo's brands include Frito-Lay, Gatorade, Pepsi-Cola, Quaker and Tropicana. Through its operations, authorized bottlers, contract manufacturers and other third parties, PepsiCo makes, markets, distributes and sells a wide variety of beverages, foods and snacks. PepsiCo was founded in 1898 and is based in Purchase, New York.


DEAL STATS #
Overall 4 of 28
Sector: Food M&A 2 of 16
Type: Add-on Acquisition M&A Deals 1 of 20
Country: Egypt M&A 1 of 1
Year: 2001 M&A 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1998-07-21 Tropicana Products

Bradenton, Florida, United States

Tropicana Products is a provider of juices, and brands including Tropicana, Naked, KeVita, Izze, Dole, Copella, and Punica. Tropicana Products was founded in 1947 and is based in Bradenton, Florida.

Buy $3.3B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2001-08-03 Gatorade

Chicago, Illinois, United States

Gatorade, Inc. provides nutritional sports drinks and products for athletes.

Buy -