Sandora

Sandora LLC 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

• List of food companies