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2021-08-03
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PepsiCo to Sell Tropicana, Naked Juice Brands to Private-Equity Firm<blockquote>百事公司将把纯果乐和裸果汁品牌出售给私募股权公司</blockquote>
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PepsiCo will receive pretax proceeds of $3.3 billion and retain a 39% stake in the new joint venture in a deal valued at roughly $4.5 billion, the people said.</p><p><blockquote>据知情人士透露,这家零食和饮料巨头将把Tropicana、Naked和北美的其他果汁品牌出售给私募股权公司PAI Partners。知情人士称,百事可乐将获得33亿美元的税前收益,并保留新合资企业39%的股份,这笔交易价值约为45亿美元。</blockquote></p><p> Over the past several years, fruit-juice sales have been under pressure as consumers reduce their sugar consumption. PepsiCo said last year that demand for its orange juice rose during the pandemic, as more peoplemade breakfast at home, but overall juice sales continued to decline at the company and across the industry.</p><p><blockquote>过去几年,随着消费者减少糖的摄入量,果汁销售一直面临压力。百事公司去年表示,疫情期间,随着越来越多的人在家制作早餐,对其橙汁的需求有所上升,但该公司和整个行业的整体果汁销量持续下降。</blockquote></p><p> Consumption of fruit juices and fruit drinks fell 19% to 2.8 billion gallons in 2020 from 3.4 billion in 2011, according to Beverage Marketing Corp. Over the same period, PepsiCo’s sales of those products fell 36% to 436 million gallons.</p><p><blockquote>根据饮料营销公司的数据,2020 年果汁和水果饮料的消费量从 2011 年的 34 亿加仑下降 19%,至 28 亿加仑。同期,百事公司这些产品的销量下降了 36%,降至 4.36 亿加仑。</blockquote></p><p> The company and rivals including<a href=\"https://laohu8.com/S/KO\">Coca-Cola</a>Co.have been working for years to shift their beverage sales away from sugary drinks and toward lower-calorie offerings such as diet soda, flavored seltzer and bottled water.</p><p><blockquote>本公司及竞争对手包括<a href=\"https://laohu8.com/S/KO\">可口可乐</a>多年来,Co. 一直致力于将饮料销售从含糖饮料转向低热量产品,如无糖汽水、调味苏打水和瓶装水。</blockquote></p><p> PepsiCo’s juice business had about $3 billion in net revenue last year, compared with about $70 billion for the company as a whole, but profit margins were below other divisions’. Chief Executive Ramon Laguarta, who assumed the post in 2018, has been under pressure from investors and analysts to improve the company’s margins, particularly in its North America beverage business.</p><p><blockquote>百事公司果汁业务去年的净收入约为 30 亿美元,而整个公司的净收入约为 700 亿美元,但利润率低于其他部门。首席执行官拉蒙-拉瓜塔(Ramon Laguarta)于 2018 年上任,他一直受到投资者和分析师的压力,要求他提高公司的利润率,尤其是北美饮料业务的利润率。</blockquote></p><p> PepsiCo, which gets more revenue from its snacks and food business than from drinks, has been trying to pivot toward faster-growing products. Last year, it agreed tobuy Rockstar Energy Beveragesfor $3.85 billion to expand in the fast-growing energy-drink category.</p><p><blockquote>百事公司从零食和食品业务获得的收入多于从饮料中获得的收入,该公司一直试图转向增长更快的产品。去年,该公司同意以 38.5 亿美元收购 Rockstar Energy Beverages,以扩大快速增长的能量饮料类别。</blockquote></p><p> Tropicana, which PepsiCo agreed to buyfrom Seagram Co. for $3.3 billion in 1998, remains the top refrigerated orange-juice brand in the U.S, followed by Coca-Cola’s Simply Orange.</p><p><blockquote>百事公司于 1998 年同意以 33 亿美元从 Seagram Co.</blockquote></p><p> Coca-Cola and PepsiCo, which also owns Frito-Lay and Quaker Oats, have expanded their offerings over the past decade in categories such as tea, coffee, sports drinks and protein shakes. Last year, pushed by the pandemic,Coca-Cola discontinued many underperforming brandsincluding its Odwalla juice and smoothie business.</p><p><blockquote>可口可乐和百事可乐(也拥有菲多利和桂格燕麦)在过去十年中扩大了茶、咖啡、运动饮料和蛋白奶昔等品类的产品。去年,在疫情的推动下,可口可乐停产了许多表现不佳的品牌,包括其 Odwalla 果汁和冰沙业务。</blockquote></p><p> Tropicana was founded in Florida in 1947 byAnthony Rossi, an immigrantwho had arrived from Sicily at age 21 with $25 and a few words of English, according to an obituary in what is now known as the Tampa <a href=\"https://laohu8.com/S/BYBK\">Bay</a> Times. He developed flash pasteurization and pioneered orange juice transport by train from Florida to <a href=\"https://laohu8.com/S/NWY\">New York</a> in 1970, according to PepsiCo. Mr. Rossi died in 2005.</p><p><blockquote>Tropicana 于 1947 年由移民安东尼·罗西 (Thony Rossi) 在佛罗里达州创立,他 21 岁时带着 25 美元和几句英语从西西里岛来到这里,根据现在被称为坦帕的地方的讣告<a href=\"https://laohu8.com/S/BYBK\">海湾</a>时间。他开发了快速巴氏杀菌技术,并开创了用火车从佛罗里达运输橙汁到<a href=\"https://laohu8.com/S/NWY\">纽约</a>1970年,根据百事公司的说法。罗西先生于2005年去世。</blockquote></p><p> By the time PepsiCo bought the business, it was the market leader, with nearly 40% of the chilled orange juice market in the U.S. and $2 billion in annual sales.</p><p><blockquote>当百事公司收购该业务时,它是市场领导者,占据了美国冰镇橙汁市场近40%的份额,年销售额达20亿美元。</blockquote></p><p> PepsiCo agreed to buy Naked Juice Co. in 2006 in an earlier push to diversify away from its namesake soda.</p><p><blockquote>百事公司于 2006 年同意收购 Naked Juice Co.,此前曾试图从同名汽水领域实现多元化。</blockquote></p><p> PepsiCo is to retain exclusive U.S. distribution rights to the juice brands as part of the deal with PAI, which also includes an option to sell certain businesses in Europe.</p><p><blockquote>作为与 PAI 交易的一部分,百事公司将保留这些果汁品牌在美国的独家经销权,其中还包括出售欧洲某些业务的选择权。</blockquote></p><p> PepsiCo plans to use the proceeds from the deal to augment its balance sheet and invest in its business, the people familiar with the matter said.</p><p><blockquote>知情人士称,百事公司计划利用这笔交易的收益来扩大其资产负债表并投资于其业务。</blockquote></p><p> PAI, with offices in Paris and elsewhere and the equivalent of $17.5 billion in assets, is known for investing in well-known consumer brands.</p><p><blockquote>PAI在巴黎和其他地方设有办事处,拥有相当于175亿美元的资产,以投资知名消费品牌而闻名。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPepsiCo to Sell Tropicana, Naked Juice Brands to Private-Equity Firm<blockquote>百事公司将把纯果乐和裸果汁品牌出售给私募股权公司</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">The Wall Street Journal</strong><span class=\"h-time small\">2021-08-03 18:10</span>\n</p>\n</h4>\n</header>\n<article>\n<p> <b>PAI Partners to pay $3.3 billion for a controlling stake in juice business.</b> <b><a href=\"https://laohu8.com/S/PEP\">Pepsi</a></b><b>.</b><b> </b>plans to sell the Tropicana orange juice brand to a private-equity firm, parting ways with <a href=\"https://laohu8.com/S/AONE.U\">one</a> of its most famous holdings in a bid to boost growth.</p><p><blockquote><b>PAI Partners 将支付 33 亿美元收购果汁业务的控股权。</b><b><a href=\"https://laohu8.com/S/PEP\">百事可乐</a></b><b>.</b><b> </b>计划将纯果乐橙汁品牌出售给一家私募股权公司,与<a href=\"https://laohu8.com/S/AONE.U\">一</a>其最著名的资产之一,以促进增长。</blockquote></p><p> The snacks-and-beverage giant will sell Tropicana, Naked and other juice brands in North America to private-equity firm PAI Partners, according to people familiar with the matter. PepsiCo will receive pretax proceeds of $3.3 billion and retain a 39% stake in the new joint venture in a deal valued at roughly $4.5 billion, the people said.</p><p><blockquote>据知情人士透露,这家零食和饮料巨头将把Tropicana、Naked和北美的其他果汁品牌出售给私募股权公司PAI Partners。知情人士称,百事可乐将获得33亿美元的税前收益,并保留新合资企业39%的股份,这笔交易价值约为45亿美元。</blockquote></p><p> Over the past several years, fruit-juice sales have been under pressure as consumers reduce their sugar consumption. PepsiCo said last year that demand for its orange juice rose during the pandemic, as more peoplemade breakfast at home, but overall juice sales continued to decline at the company and across the industry.</p><p><blockquote>过去几年,随着消费者减少糖的摄入量,果汁销售一直面临压力。百事公司去年表示,疫情期间,随着越来越多的人在家制作早餐,对其橙汁的需求有所上升,但该公司和整个行业的整体果汁销量持续下降。</blockquote></p><p> Consumption of fruit juices and fruit drinks fell 19% to 2.8 billion gallons in 2020 from 3.4 billion in 2011, according to Beverage Marketing Corp. Over the same period, PepsiCo’s sales of those products fell 36% to 436 million gallons.</p><p><blockquote>根据饮料营销公司的数据,2020 年果汁和水果饮料的消费量从 2011 年的 34 亿加仑下降 19%,至 28 亿加仑。同期,百事公司这些产品的销量下降了 36%,降至 4.36 亿加仑。</blockquote></p><p> The company and rivals including<a href=\"https://laohu8.com/S/KO\">Coca-Cola</a>Co.have been working for years to shift their beverage sales away from sugary drinks and toward lower-calorie offerings such as diet soda, flavored seltzer and bottled water.</p><p><blockquote>本公司及竞争对手包括<a href=\"https://laohu8.com/S/KO\">可口可乐</a>多年来,Co. 一直致力于将饮料销售从含糖饮料转向低热量产品,如无糖汽水、调味苏打水和瓶装水。</blockquote></p><p> PepsiCo’s juice business had about $3 billion in net revenue last year, compared with about $70 billion for the company as a whole, but profit margins were below other divisions’. Chief Executive Ramon Laguarta, who assumed the post in 2018, has been under pressure from investors and analysts to improve the company’s margins, particularly in its North America beverage business.</p><p><blockquote>百事公司果汁业务去年的净收入约为 30 亿美元,而整个公司的净收入约为 700 亿美元,但利润率低于其他部门。首席执行官拉蒙-拉瓜塔(Ramon Laguarta)于 2018 年上任,他一直受到投资者和分析师的压力,要求他提高公司的利润率,尤其是北美饮料业务的利润率。</blockquote></p><p> PepsiCo, which gets more revenue from its snacks and food business than from drinks, has been trying to pivot toward faster-growing products. Last year, it agreed tobuy Rockstar Energy Beveragesfor $3.85 billion to expand in the fast-growing energy-drink category.</p><p><blockquote>百事公司从零食和食品业务获得的收入多于从饮料中获得的收入,该公司一直试图转向增长更快的产品。去年,该公司同意以 38.5 亿美元收购 Rockstar Energy Beverages,以扩大快速增长的能量饮料类别。</blockquote></p><p> Tropicana, which PepsiCo agreed to buyfrom Seagram Co. for $3.3 billion in 1998, remains the top refrigerated orange-juice brand in the U.S, followed by Coca-Cola’s Simply Orange.</p><p><blockquote>百事公司于 1998 年同意以 33 亿美元从 Seagram Co.</blockquote></p><p> Coca-Cola and PepsiCo, which also owns Frito-Lay and Quaker Oats, have expanded their offerings over the past decade in categories such as tea, coffee, sports drinks and protein shakes. Last year, pushed by the pandemic,Coca-Cola discontinued many underperforming brandsincluding its Odwalla juice and smoothie business.</p><p><blockquote>可口可乐和百事可乐(也拥有菲多利和桂格燕麦)在过去十年中扩大了茶、咖啡、运动饮料和蛋白奶昔等品类的产品。去年,在疫情的推动下,可口可乐停产了许多表现不佳的品牌,包括其 Odwalla 果汁和冰沙业务。</blockquote></p><p> Tropicana was founded in Florida in 1947 byAnthony Rossi, an immigrantwho had arrived from Sicily at age 21 with $25 and a few words of English, according to an obituary in what is now known as the Tampa <a href=\"https://laohu8.com/S/BYBK\">Bay</a> Times. He developed flash pasteurization and pioneered orange juice transport by train from Florida to <a href=\"https://laohu8.com/S/NWY\">New York</a> in 1970, according to PepsiCo. Mr. Rossi died in 2005.</p><p><blockquote>Tropicana 于 1947 年由移民安东尼·罗西 (Thony Rossi) 在佛罗里达州创立,他 21 岁时带着 25 美元和几句英语从西西里岛来到这里,根据现在被称为坦帕的地方的讣告<a href=\"https://laohu8.com/S/BYBK\">海湾</a>时间。他开发了快速巴氏杀菌技术,并开创了用火车从佛罗里达运输橙汁到<a href=\"https://laohu8.com/S/NWY\">纽约</a>1970年,根据百事公司的说法。罗西先生于2005年去世。</blockquote></p><p> By the time PepsiCo bought the business, it was the market leader, with nearly 40% of the chilled orange juice market in the U.S. and $2 billion in annual sales.</p><p><blockquote>当百事公司收购该业务时,它是市场领导者,占据了美国冰镇橙汁市场近40%的份额,年销售额达20亿美元。</blockquote></p><p> PepsiCo agreed to buy Naked Juice Co. in 2006 in an earlier push to diversify away from its namesake soda.</p><p><blockquote>百事公司于 2006 年同意收购 Naked Juice Co.,此前曾试图从同名汽水领域实现多元化。</blockquote></p><p> PepsiCo is to retain exclusive U.S. distribution rights to the juice brands as part of the deal with PAI, which also includes an option to sell certain businesses in Europe.</p><p><blockquote>作为与 PAI 交易的一部分,百事公司将保留这些果汁品牌在美国的独家经销权,其中还包括出售欧洲某些业务的选择权。</blockquote></p><p> PepsiCo plans to use the proceeds from the deal to augment its balance sheet and invest in its business, the people familiar with the matter said.</p><p><blockquote>知情人士称,百事公司计划利用这笔交易的收益来扩大其资产负债表并投资于其业务。</blockquote></p><p> PAI, with offices in Paris and elsewhere and the equivalent of $17.5 billion in assets, is known for investing in well-known consumer brands.</p><p><blockquote>PAI在巴黎和其他地方设有办事处,拥有相当于175亿美元的资产,以投资知名消费品牌而闻名。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源:<a href=\"https://www.wsj.com/articles/pepsico-to-sell-tropicana-naked-juice-brands-to-private-equity-firm-11627984801?mod=business_lead_pos2\">The Wall Street Journal</a></p>\n<p>为提升您的阅读体验,我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09086":"华夏纳指-U","03086":"华夏纳指","PEP":"百事可乐"},"source_url":"https://www.wsj.com/articles/pepsico-to-sell-tropicana-naked-juice-brands-to-private-equity-firm-11627984801?mod=business_lead_pos2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1147605059","content_text":"PAI Partners to pay $3.3 billion for a controlling stake in juice business.\n\nPepsi. plans to sell the Tropicana orange juice brand to a private-equity firm, parting ways with one of its most famous holdings in a bid to boost growth.\nThe snacks-and-beverage giant will sell Tropicana, Naked and other juice brands in North America to private-equity firm PAI Partners, according to people familiar with the matter. PepsiCo will receive pretax proceeds of $3.3 billion and retain a 39% stake in the new joint venture in a deal valued at roughly $4.5 billion, the people said.\nOver the past several years, fruit-juice sales have been under pressure as consumers reduce their sugar consumption. PepsiCo said last year that demand for its orange juice rose during the pandemic, as more peoplemade breakfast at home, but overall juice sales continued to decline at the company and across the industry.\nConsumption of fruit juices and fruit drinks fell 19% to 2.8 billion gallons in 2020 from 3.4 billion in 2011, according to Beverage Marketing Corp. Over the same period, PepsiCo’s sales of those products fell 36% to 436 million gallons.\nThe company and rivals includingCoca-ColaCo.have been working for years to shift their beverage sales away from sugary drinks and toward lower-calorie offerings such as diet soda, flavored seltzer and bottled water.\nPepsiCo’s juice business had about $3 billion in net revenue last year, compared with about $70 billion for the company as a whole, but profit margins were below other divisions’. Chief Executive Ramon Laguarta, who assumed the post in 2018, has been under pressure from investors and analysts to improve the company’s margins, particularly in its North America beverage business.\nPepsiCo, which gets more revenue from its snacks and food business than from drinks, has been trying to pivot toward faster-growing products. Last year, it agreed tobuy Rockstar Energy Beveragesfor $3.85 billion to expand in the fast-growing energy-drink category.\nTropicana, which PepsiCo agreed to buyfrom Seagram Co. for $3.3 billion in 1998, remains the top refrigerated orange-juice brand in the U.S, followed by Coca-Cola’s Simply Orange.\nCoca-Cola and PepsiCo, which also owns Frito-Lay and Quaker Oats, have expanded their offerings over the past decade in categories such as tea, coffee, sports drinks and protein shakes. Last year, pushed by the pandemic,Coca-Cola discontinued many underperforming brandsincluding its Odwalla juice and smoothie business.\nTropicana was founded in Florida in 1947 byAnthony Rossi, an immigrantwho had arrived from Sicily at age 21 with $25 and a few words of English, according to an obituary in what is now known as the Tampa Bay Times. He developed flash pasteurization and pioneered orange juice transport by train from Florida to New York in 1970, according to PepsiCo. Mr. Rossi died in 2005.\nBy the time PepsiCo bought the business, it was the market leader, with nearly 40% of the chilled orange juice market in the U.S. and $2 billion in annual sales.\nPepsiCo agreed to buy Naked Juice Co. in 2006 in an earlier push to diversify away from its namesake soda.\nPepsiCo is to retain exclusive U.S. distribution rights to the juice brands as part of the deal with PAI, which also includes an option to sell certain businesses in Europe.\nPepsiCo plans to use the proceeds from the deal to augment its balance sheet and invest in its business, the people familiar with the matter said.\nPAI, with offices in Paris and elsewhere and the equivalent of $17.5 billion in assets, is known for investing in well-known consumer brands.","news_type":1,"symbols_score_info":{"03086":0.9,"09086":0.9,"PEP":0.9}},"isVote":1,"tweetType":1,"viewCount":3433,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":2,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/807069549"}
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