Sandora Explained

Sandora LLC
Native Name:Сандора
Type:LLC
Industry:Beverages
Founded:1995
Founders:-->
Hq Location City:Mykolaiv Oblast
Hq Location Country:Ukraine
Areas Served:-->
Products:Juice
Owner:PepsiCo
Website:pepsico.ua

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.

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.[2] [3]

In 2007, one of the most important deals on the FMCG 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

References

  1. http://www.lol.org.ua/eng/showart.php?id=46540 "Sandora" sale - company's official statement (2007)
  2. Web site: 2021-03-02 . Раймондас Туменас: Біографія, досьє, фото Раймондас Туменас . 2024-03-07 . forbes.ua . uk.
  3. Web site: 2018-03-05 . PepsiCo PepsiCo в Україні . 2024-03-07 . 2018-03-05 . https://web.archive.org/web/20180305215144/http://pepsico.ua/company/pepsico_in_ukraine/ . bot: unknown .
  4. http://niklife.com.ua/focus/60044{{dead link|date=August 2024}}
  5. Web site: Pepsi купила Сандору . Pepsi купила Сандору. УНІАН. 7 June 2007. https://web.archive.org/web/20210121053105/https://www.unian.ua/society/48836-pepsi-kupila-sandoru.html. 21 January 2021. live. 7 June 2021.