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The USD 1.7 billion acquisition of Pioneer Foods completed in March of 2020 is one of the largest deals made by PepsiCo outside of the U.S. Pioneer Foods and PepsiCo have a shared commitment to serving the people of South Africa by providing the highest quality food and beverage products while driving inclusive growth ...

Pioneer Foods is a South African packaged goods company which in March 2020 became a subsidiary of PepsiCo. It operates in South Africa as well as two other African countries and exports a number of its brands globally....Pioneer Foods. TypeSubsidiaryParentPepsiCoWebsitepioneerfoods.co.za8 more rows

SASKO Bread is the cornerstone brand within the Essential Foods Bakeries division at Pioneer Foods. SASKO bread can be found in millions of South African homes each day, ever since the first loaf was baked as far back as the 1930s. SASKO uses only the finest ingredients, milled, mixed and baked to tasty perfection.

U.S. food and beverage giant PepsiCo has agreed to acquire South Africa-based company, Pioneer Foods, for approximately $1.7 billion, which implies 11 times FY2020E consensus EBITDA.

We are renowned for our high quality and market leading brands in the cereals, long-life fruit juice, fruit snacking and savoury spreads categories in South Africa. Some of these include; Liqui-Fruit, Ceres and Weet-Bix.

Pioneer Foods is a South African packaged goods company which in March 2020 became a subsidiary of PepsiCo. It operates in South Africa as well as two other African countries and exports a number of its brands globally....Pioneer Foods. TypeSubsidiaryParentPepsiCoWebsitepioneerfoods.co.za8 more rows