Sandora LLC (Ukrainian: Сандора) is a Ukrainian juice company based in Mykolaiv, Ukraine. Founded in 1995, the company currently holds a 47 percent share of the Ukrainian juice market.[1] In September 2007, American-based PepsiCo, Inc. purchased 80 percent ownership of Sandora's company holdings. In November 2007, PepsiAmericas, Inc. and PepsiCo, Inc. jointly acquired the remaining 20% of Sandora. PepsiAmericas held a 60% interest in Sandora, and PepsiCo held 40% interest in Sandora. PepsiCo acquired PepsiAmericas in 2010 and took full ownership of Sandora.
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Native name | Сандора |
|---|---|
| Company type | LLC |
| Industry | Beverages |
| Founded | 1995 |
| Headquarters | , |
| Products | Juice |
| Owner | PepsiCo |
| Website | pepsico.ua |
History
editIn 1995, Lithuanian businessmen Ihor Bezzub and Raymondas Tumenas provided start-up capital for the implementation of a business plan to Serhiy Sypko, a lecturer at Mykolaiv University of Shipbuilding. Production started the following year. In 2000, a puree and semifinished product production was launched.[2][3]
In 2007, one of the most important deals on the FMCG[clarification needed] market in Ukraine was concluded, worth USD 678 million.[4] PepsiCo acquired the largest juice producer, Sandora.[5] This provided opportunities to develop production in Ukraine and establish the processing of seasonal vegetables and fruits through further investments. For example, in 2009-2010, the company started producing Pepsi, 7UP and Lipton Ice Tea. In 2014, the company launched a snack line for the production of Xpycteam crisps and started producing Mirinda. In 2019, the company's production facilities started producing Lay's crisps.
See also
editReferences
edit- ^ "Sandora" sale - company's official statement (2007). Proekt Ahrarnoho Marketynhu
- ^ "Раймондас Туменас: Біографія, досьє, фото Раймондас Туменас". forbes.ua (in Ukrainian). 2021-03-02. Retrieved 2024-03-07.
- ^ "PepsiCo PepsiCo в Україні". 2018-03-05. Archived from the original on 2018-03-05. Retrieved 2024-03-07.
{{cite web}}: CS1 maint: bot: original URL status unknown (link) - ^ http://niklife.com.ua/focus/60044[dead link]
- ^ Pepsi купила Сандору (7 June 2007). "Pepsi купила Сандору". УНІАН. Archived from the original on 21 January 2021. Retrieved 7 June 2021.
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