![]() enjoyed a boost in off-trade sales in 2020, with consumers seeking more vitamin C for immune support, the long-term trend has been one of decline. Tropicana ® 100 Fresh Pressed Apple Juice with added vitamin C is made from only Canadian apples, with never any water or sugar added. "In part, the news of Tropicana and Naked reflects the uncertain role of fruit juice in the consumer's routine long term and the ongoing concern about sugar, particularly in North America where Tropicana is largest," said Howard Telford, head of soft drinks at Euromonitor International. ![]() Pepsi reported net sales of $70.37 billion in 2020. In 2020, the brands involved in the deal generated about $3 billion in revenue for Pepsi but trailed the company's overall operating margin. Pepsi said it will use the proceeds from the sale to strengthen its balance sheet and invest back in its business. ![]() The transaction is expected to close in late 2021 or early 2022. PAI will also have the irrevocable option to buy certain Pepsi juice businesses in Europe. "This joint venture with PAI enables us to realize significant upfront value, whilst providing the focus and resources necessary to drive additional long-term growth for these beloved brands," Pepsi CEO Ramon Laguarta said in a statement. Personal Loans for 670 Credit Score or Lower Personal Loans for 580 Credit Score or Lower Best Debt Consolidation Loans for Bad Credit With no added sugar and a full day’s supply of vitamin C, Tropicana 100 Apple Juice is a refreshing beverage the whole family can enjoy.
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