• Source: Sandora

      • 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. 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.


      History


      In 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.
      In 2007, one of the most important deals on the FMCG market in Ukraine was concluded, worth USD 678 million. PepsiCo acquired the largest juice producer, Sandora. 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


      List of food companies


      References

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