PepsiCo acquires biscuit manufacturer in Brazil

摘要

PepsiCo, Inc. has acquired Mabel, a leading producer of cookies, crackers and snacks in Brazil. The acquisition is expected to further strengthen PepsiCo's business in a key emerging growth market. Biscuits are the largest segment within Brazil's growing snacks category, present in more than 98% of Brazilian households. Brazil is the second largest cookie and cracker producer in the world. The addition of Mabel - whose brands include Mabel, Elbi's, Kelly and Skiny -complements PepsiCo's existing food and beverage portfolio and creates new opportunities for future growth and expansion. Mabel joins a strong portfolio of popular PepsiCo brands in Brazil including Elma Chips, Quaker, Toddy Chocolate Powder and Toddynho Chocolate Milk.