Since 2008, PepsiCo and Strauss have operated a joint venture in the United States and Canada called Sabra Dipping Co., and in 2011 expanded their partnership to focus on markets outside North America, starting in Mexico. The companies said they will invest $10 million in Mexico to help drive the launch of the Obela business.
“There is a significant growth opportunity in Mexico in the dips and spreads category, beginning with current hummus consumers,” said Gustavo Salas, Obela’s general director in Mexico. “Our goal is to make sure that at least one-fifth of households in Mexico enjoy and share our products with family and friends, thus turning any moment into a very special occasion.”
