Pioneer Foods company logo

The profile is currenly unclaimed by the seller. All information is provided by CB Insights.

pioneerfoods.co.za

Founded Year

1996

Stage

Acq - P2P | Acquired

Valuation

$0000 

Revenue

$0000 

About Pioneer Foods

Pioneer Foods sells consumer goods with brands that include Weet-Bix cereal, Liqui Fruit juice and Sasko bread. The Group operates in South Africa and two other African countries and sells its products around the world. The Group's core business is the production, distribution, marketing, and selling of a diverse range of food, beverages, and related products.On March 6th, 2020, Pioneer Foods was acquired by PepsiCo at a valuation of $1.7M.

Pioneer Foods Headquarter Location

Glacier Place 1 Sportica Crescent

Tygervalley, 7530,

South Africa

+27 21 974 4000

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Research containing Pioneer Foods

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Pioneer Foods in 1 CB Insights research brief, most recently on Jul 24, 2019.

Latest Pioneer Foods News

PepsiCo logs double-digit volume growth in India in 2021

Feb 10, 2022

1 min read . Updated: 10 Feb 2022, 09:39 PM IST PTI PepsiCo's net revenue in 2021 from Africa, Middle East, South Asia (AMESA) division, which includes India, was up 32.91% to $6.07 billion as against $4.57 billion earlier Listen to this article Global food and beverages major PepsiCo on Thursday reported a double-digit volume growth in the Indian market in 2021. PepsiCo's net revenue in 2021 from Africa, Middle East, South Asia (AMESA) division, which includes India, was up 32.91% to USD 6.07 billion as against USD 4.57 billion earlier. Besides, the Middle East experienced double-digit growth and Nigeria saw high single-digit growth, it added. In the convenient foods segment, its unit volume grew 38% in the AMESA division, primarily reflecting a 35-percentage-point impact of its acquisition of South Africa-based company Pioneer Foods. This also included "double-digit growth in India and Pakistan and high-single-digit growth in the Middle East", it said. In 2021, PepsiCo's operating profit from the region increased 43%, primarily reflecting net revenue growth, a 31-percentage-point impact of the prior-year acquisition and divestiture-related charges associated with the acquisition of Pioneer Foods and productivity savings. Overall, its global net revenue for the year ended December 25, 2021 rose 12.93 per cent to USD 79.47 billion, the company said.

  • When was Pioneer Foods founded?

    Pioneer Foods was founded in 1996.

  • Where is Pioneer Foods's headquarters?

    Pioneer Foods's headquarters is located at Glacier Place, Tygervalley.

  • What is Pioneer Foods's latest funding round?

    Pioneer Foods's latest funding round is Acq - P2P.

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