Strauss Group

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Dairy majors back dairy-free firm Yofix

5 Feb 2020

Yofix Probiotics, the Israel-based dairy-free yogurt start-up, has received funding from a consortium of investors that includes two major European dairy groups.

New products - Strauss chocolate "first"; Saputo's Vitalite dairy-free cheese; Vegan pizza from Garden Gourmet; Goodbelly "gut-friendly" cereal

4 Oct 2019

This week's batch of new products includes a "gut-friendly" breakfast cereal from Cereal Partners Worldwide and Strauss Group claiming a "first" in the chocolate market.

Cell meat company Aleph Farms backed in new investment round

14 May 2019

Israel-based slaughter-free meat firm Aleph Farms, which is attempting to create steak in a lab, has announced funding news.

Aleph Farms says marketable cell-based steak product could be four years away

19 Dec 2018

Israel-based food-tech Aleph Farms has outlined the timeframe for creating a cell-based steak product it can take to market.

US private-equity firm Wind Point Partners buys Sabra Dipping’s salsa business

5 Sep 2018

Stir-Pacifica, a California-based portfolio company of private-equity firm Wind Point Partners, has acquired local peer Sabra Dipping Co.’s salsa business. 

Sabra Dipping Company expands US hummus-making facility

1 Aug 2018

Sabra Dipping Company, the US-based joint venture between PepsiCo and Israel's Strauss Group, is expanding its hummus-making facility in Virginia.

Earnings summary - Tipiak annual profits down on flat sales; Parmalat FY earnings up 30%; Premium Brands books 'record' sales on flurry of M&A; Strauss Group buoyant on back of FY sales hike

16 Mar 2018

just-food presents the key metrics from company financials in bitesize format, with analyst insight and social media comment alongside graphs illustrating a business' historical performance to give you an easy-to-read digest of the numbers you need to know.

Earnings summary - Conagra Brands sees income rise; General Mills revises full-year guidance

21 Dec 2017

just-food presents the key metrics from company financials in bitesize format, with analyst insight and social media comment alongside graphs illustrating a business' historical performance to give you an easy-to-read digest of the numbers you need to know.

Strauss, PepsiCo venture Obela starts hummus sales in Germany

14 Sep 2017

Strauss Group and PepsiCo's international venture Obela is to start selling hummus products in Germany.

Israeli start-up Yofix gets US$2m to expand plant-based yogurt business

12 Sep 2017

Israeli food start-up Yofix Probiotics has secured US$2m in funding to help the plant-based yogurt maker expand its business. 

Strauss touts "strong core" in Q2 amid mixed H1 results

10 Aug 2017

Israel-based Strauss Group has pointed to a "strong performance" from its "core" businesses in the second quarter, while booking a set of mixed first-half results on a GAAP basis.

Strauss Group Q1 profits up despite Sabra recall

30 May 2017

Israel-based food and beverage business Strauss Group has reported higher first-quarter sales and profits despite the impact of a recall at its Sabra US dips business in November.

Strauss Group books 2016 sales, earnings growth

28 Mar 2017

Israeli food-to-coffee manufacturer Strauss Group booked an increase in sales and earnings for 2016. 

Strauss Group 9M sales, profits rise

22 Nov 2016

Israel-based food and beverage company Strauss Group today (22 November) reported higher sales and earnings in the first nine months of 2016, with top-line growth at home and abroad.

PepsiCo JV Sabra launches Guacamole Grab N' Go

20 Sep 2016

Sabra Dipping Company, the US-based joint venture between PepsiCo and Israel's Strauss Group, has expanded its line of dips and spreads with the launch of Sabra Guacamole Grab N' Go.

Strauss Group reveals domestic, Sabra JV growth in H1 numbers

18 Aug 2016

Israel-based food and beverage company Strauss Group saw sales and earnings rise in the first half of the year, enjoying growth from its domestic business and from Sabra, its US-focused venture with PepsiCo.

Sabra targets condiments category with sandwich spreads

2 Aug 2016

Sabra Dipping Company, the US-based joint venture between PepsiCo and Israel's Strauss Group, is launching a line of refrigerated sandwich spreads, Sabra Spreads.

Strauss shrugs off FX to grow earnings 

23 May 2016

Strauss Group offset the negative impact of currency exchange on sales to grow earnings in the first quarter. 

Strauss focused on global growth as earnings fall 

21 Mar 2016

Israeli food maker Strauss Group said today (21 February) that it remains focused on its "global growth strategy" as it booked a drop in earnings for 2015. 

Strauss profits drop on lower sales 

24 Nov 2015

Israeli food company Strauss Group booked lower earnings for the first nine months of the year on the back of a decline in sales. 

American Halal Co. names ex-Sabra executive Haroon Jafree as COO

2 Sep 2015

The American Halal Co. has announced the appointment of Sabra Dipping Co. finance executive, Haroon Jafree, as its chief operating officer and senior VP of corporate development.

Strauss sees H1 profit, sales fall

20 Aug 2015

Israel's Strauss Group has pointed to "macroeconomic events" in several of its businesses and markets that led to a fall in sales and profits for the first half of the year.

Food industry results in brief - Sanderson Farms, Barilla

29 May 2015

US poultry group Sanderson Farms posted higher half-year sales and profits, although there was some concern on Wall Street about the near-term outlook for the business. Barilla announced its results for 2014, which included an increase in revenue and earnings.

Strauss sees mixed FY

23 Mar 2015

Strauss Group booked mixed full-year numbers today (23 March), as lower finance costs offset lower operating profit.

CAGE 2015: Strauss Group bullish on Sabra prospects

20 Mar 2015

Israel-based Strauss Group - joint owner of US hummus manufacturer Sabra Dipping Co. alongside PepsiCo - believes the US market for fresh dips will almost double by 2020.

Food industry quotes of the week; Nestle, Danone, Premier Foods

20 Mar 2015

Last week, just-food was live at the Consumer Analyst Group Europe conference, where some of the largest industry names including Nestle, Strauss and Danone provided business updates. Elsewhere, Mars confirmed plans to invest in a Snickers production plant in India. Rumours were also rife General Mills was looking to offload its Green Giant business. Here is the week in quotes.

Strauss Group sees Q3 rebound

26 Nov 2014

Strauss Group booked higher sales and operating profit during the third quarter after a challenging first half.

Sabra to double Virginia hummus plant capacity

30 Sep 2014

Sabra Dipping Co., the venture between PepsiCo and Israel's Strauss Group, is set to double production capacity at its hummus making facility in Virginia to meet "growing consumer interest" in fresh dips and spreads.

ISRAEL: Strauss settles Carmit Candy's Cadbury lawsuit

9 Sep 2014

Israeli food manufacturer Strauss Group has settled a legal dispute with local Cadbury distributor Carmit Candy.

ISRAEL: Strauss H1 profits hit by negative FX, low coffee sales

20 Aug 2014

Strauss Group has reported a drop in its first-half profits despite posting a strong increase in sales of its international dips and spreads business.

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