Bring your unique perspective. It is best known for manufacturing potato and maize-based snack foods. PepsiCo is pressing ahead into the African food market, agreeing to acquire Pioneer Foods Group of South Africa in a bid to expand its international growth.. Fidelity Services Group: Learnerships 2021 in Pretoria Pretoria, Gauteng, South Africa Closing date: 31 January 2021 BCom Graduate Opportunity 2021 in Durban Durban, KwaZulu-Natal, South Africa Date listed: 28 December 2020 Tertius Carstens, the current CEO of Pioneer Foods, has been appointed CEO of PepsiCo sub-Saharan Africa with immediate effect... 19 … American beverages company PepsiCo on Tuesday announced that it has appointed Pioneer Foods boss Tertius Carstens as its sub-Saharan Africa chief executive. PepsiCo eyes growth in Africa with $1.7bn Pioneer Foods acquisition. Pepsico has 3 sites in South Africa (Isando, Parrow, and Prospecton) which produce Lay's and Simba chips. Lauren Siebrits, Chief Executive Officer of Simba, PepsiCo's snack business in South Africa, has also been appointed to take over the beverage business, Pepsi South Africa. PepsiCo chairman and CEO There was a carnival atmosphere across the Purchase campus, with lawn games, a Sips & Bites pavilion, a Brand Alley where you could try Cheetos Mac & Cheese Bites and Flamin’ Hot Doritos, and seven stations to highlight the new principles of the PepsiCo Way. PepsiCo Africa, Middle East and South Asia CEO Eugene Willemsen said the Pioneer boss, Tertius, was qualified and experienced to lead the region as he had a strong track record in the fast-moving consumer goods sector and African markets. References Commenting on the acquisition, PepsiCo chairman/CEO Ramon Laguarta referred to Pioneer Foods as a “highly complementary” business and that it would form “an important part of our strategy to not only expand in South Africa, but further into sub-Saharan Africa, as well.” Anonymized data is stored for redirects to the career site tracking successful searches leading to job applications in effort to measure effectiveness of partners in sourcing job candidates and job searches. PepsiCo has agreed to pay $1.7 billion to buy South Africa’s Pioneer Foods, as the beverage giant looks to expand and accelerate its growth in sub-Saharan Africa. PepsiCo will increase its footprint in Africa with the purchase of Pioneer Foods, a South African processor of grain-based products, juices and other foods.. PepsiCo has agreed to pay $1.8 billion for Pioneer, maker of Weet-Bix breakfast cereal and Ceres fruit juice. PepsiCo plans to use it as a platform to expand further into Africa. PepsiCo to buy South Africa's Pioneer Food for $1.7 billion. Tertius Carstens, CEO of Pioneer Foods,and Eugene Willemsen, CEO, PepsiCo Sub-Saharan Africa (PRNewsfoto/PepsiCo, Inc.) ... Bowmans acted as the South African legal counsel to PepsiCo. PepsiCo is proud to share our corporate grounds with our neighbors and the community. Product Innovation of the Year 2017. PepsiCo has struck a deal to buy South Africa's Pioneer Food Group for $1.7 billion, the companies said on Friday, lifting Pioneer's shares and boosting a … This does not mean that there is no value to be had. ... Top Employer South Africa 2019. Indra K. Nooyi is chairman and CEO of PepsiCo, overseeing 22 brands that generate more than $1 billion each in annual retail sales. At PepsiCo, you get the best of both worlds: an entrepreneur’s mindset plus reach and resources. South Africa Job Search - Jobs. Its effort to build a base in South Africa after 1994 ended in … As one of South Africa's largest food and beverage companies, Pioneer Foods owns valuable brands that appeal to local tastes. They hold 63 percent of the South African crisps market. Eugene Willemsen, current CEO of PepsiCo AMESA, led PepsiCo SSA in 2019. U.S. food and beverage giant PepsiCo has agreed to acquire South Africa-based company, Pioneer Foods, for approximately $1.7 billion, which implies 11 times FY2020E consensus EBITDA. Lauren Siebrits, Chief Executive Officer of PepsiCo's snack business in South Africa (Simba) has also been appointed to take over the Beverage business (Pepsi South Africa). The group said Carstens will assume the position immediately. ... "Pioneer Foods forms an important part of our strategy to not only expand in South Africa, but further into sub-Saharan Africa as well," PepsiCo Chairman and CEO Ramon Laguarta said in a statement. The appointment comes after the Competition Tribunal gave the US giant a go-ahead to acquire the South African packaged goods company for $1.7 billion […] CEO Pepsi Africa, Middle East & South Asia Mr. Eugene Willemsen called on Prime Minister Imran Khan in Islamabad today. PepsiCo has appointed Pioneer Foods boss Tertius Carstens as its sub-Saharan Africa chief executive to assume the position immediately.. It was founded in 1957 by Leon Greyvensteyn, and acquired by PepsiCo in 1999. US maker of cooldrinks and snack foods PepsiCo has had its eye on the southern African consumer market for decades. SOUTH AFRICA – PepsiCo through its philanthropic arm, PepsiCo Foundation is seeking to invest R6m (US$394,700) in water and sanitation projects in South Africa.. Currently, over three million people do not have access to basic water supply service in the country, and 14.1 million people do not have access to safe sanitation, reports BizCommunity. Our collaborative culture and worldwide presence generate a stream of new opportunities to define the future and propel your life’s work. For general inquiries, email PepsiCoDMKSG@pepsico.com or contact us during normal business hours at 914-253-3150. PepsiCo Sculpture Gardens . Simba (Pty) Ltd. (commonly referred to as Simba) is a South African snack food manufacturer mainly operating in South Africa. PepsiCo: South Africa: Pepsi Snaffles a SA Champion [Daily Maverick] South Africa's listed consumer companies have been through the wringer in the last five years and their earnings and valuations reflect this. The approximately $1.7 billion transaction, announced today, will give PepsiCo control of one of South Africa’s biggest food and beverage producers. Multinational snack foods and beverage giant PepsiCo has entered into an agreement to acquire South Africa's Pioneer Foods Group for approximately $1.7 billion (R23.5 billion). 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