Confirmed Control (100%) Unknown Transaction verified FoodRetail

Be & Cheery acquired by PepsiCo

PepsiCo agreed to acquire Be & Cheery, a Chinese food brand.

Transaction summary

Target
Be & Cheery
Acquirer
PepsiCo
Announced
-
Completed
2020-06-01
Geography
China
Type
Acquisition
Deal type
Control
Stake acquired
100%
First added
2026-11-02
Latest update
2026-11-03

Value and multiples

100% enterprise value

Undisclosed

Value not disclosed

Basis: FundComb estimate

Reported price is assumed to be 100% EV unless stated otherwise. Partial-stake estimates are qualified in the basis notes.

EV / revenue

-

Period not stated

Basis: FundComb estimate

EV / EBITDA

-

EBITDA basis not stated

Basis: FundComb estimate

Basis

  • Enterprise value is unavailable.

Source summary

PepsiCo 10-K, filed 2023-02-09

Confirmed

Acquisition of Be & Cheery by PepsiCo.

Open source

PepsiCo 10-K, filed 2023-02-09

Confirmed

(b) In 2021, the increase in net revenue reflects our acquisition of Be & Cheery. See Note 13 for further information.

Open source

PepsiCo 10-K, filed 2023-02-09

Confirmed

On June 1, 2020, we acquired all of the outstanding shares of Be & Cheery, one of the largest online convenient food companies in China, from Haoxiangni Health Food Co., Ltd. for cash. The total consideration transferred was approximately $ 0.7 billion.

Open source

PepsiCo 10-K, filed 2023-02-09

Confirmed

On June 1, 2020

Open source

PepsiCo 10-K, filed 2023-02-09

Confirmed

The total consideration transferred was approximately $ 0.7 billion.

Open source

PepsiCo 10-K, filed 2023-02-09

Confirmed

PepsiCo, Inc. (Exact Name of Registrant as Specified in its Charter)

Open source

PepsiCo 10-K, filed 2022-02-10

Confirmed

The increase in net revenue reflects our acquisition of Be & Cheery. See Note 13 for further information.

Open source

PepsiCo 10-K, filed 2022-02-10

Confirmed

Acquisitions in 2020 primarily reflects our acquisition of Be & Cheery. See Note 13 for further information.

Open source

PepsiCo 10-K, filed 2022-02-10

Confirmed

On June 1, 2020, we acquired all of the outstanding shares of Be & Cheery, one of the largest online convenient food companies in China, from Haoxiangni Health Food Co., Ltd. for cash. The total consideration transferred was approximately $ 0.7 billion.

Open source

PepsiCo 10-K, filed 2022-02-10

Confirmed

On June 1, 2020

Open source

PepsiCo 10-K, filed 2022-02-10

Confirmed

Pioneer Foods Rockstar Be & Cheery Acquisition date March 23, 2020 April 24, 2020 June 1, 2020 Inventories $ 229 $ 52 $ 45 Property, plant and equipment 379 8 60 Amortizable intangible assets 52 — 98 Nonamortizable intangible assets 183 2,400 309 Other assets and liabilities ( 53 ) ( 9 ) ( 24 ) Net deferred income taxes ( 117 ) — ( 99 ) Noncontrolling interest ( 5 ) — — Total identifiable net assets 668 2,451 389 Goodwill 558 2,278 309 Total purchase price $ 1,226 $ 4,729 $ 698

Open source

PepsiCo 10-K, filed 2022-02-10

Confirmed

PepsiCo, Inc. (Exact Name of Registrant as Specified in its Charter)

Open source

PepsiCo 10-K, filed 2022-02-10

Confirmed

Acquisition of Be & Cheery by PepsiCo.

Open source

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