Confirmed Control (100%) Closed Transaction verified ConsumerCPGFoodFood & BeverageSnacks

Hangzhou Haomusi Food Co., Ltd. acquired by PepsiCo

PepsiCo acquired Hangzhou Haomusi Food Co., Ltd., a Chinese snacks brand, on Jun 1, 2020.

Transaction summary

Target
Hangzhou Haomusi Food Co., Ltd.
Acquirer
PepsiCo
Announced
2020-02-23
Geography
China
Type
Acquisition
Deal type
Control
Stake acquired
100%
First added
2026-10-31
Latest update
2026-10-31

Value and multiples

100% enterprise value

USD 705M

100% enterprise value | USD

Basis: Public source

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

EV / revenue

0.99x

Period: FY2019

Basis: Public source

EV / EBITDA

-

EBITDA basis not stated

Basis: Public source

Amounts paid and other reported values

Original reported amounts and bases; a stake payment is distinct from the estimated whole-company valuation.

Consideration: USD 705M

Basis

  • Reported value: US$705m. Multiples use revenue of US$711.7m (FY2019).

Source summary

PepsiCo buys Chinese snack brand Be & Cheery for $705M (Reuters via Fox Business)

Confirmed

PepsiCo Inc has agreed to buy Chinese snack brand Be & Cheery

Open source

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