Tropicana Brands Group

Summary

Tropicana Brands Group is an American fruit-based beverage company. It was founded in 1947 by Anthony T. Rossi in Bradenton, Florida. The company was a subsidiary of PepsiCo from 1998 to 2021. In August 2021, 61% of Tropicana was sold with the rest of PepsiCo's juice brand portfolio for $3.3 billion to French investment fund PAI Partners. PepsiCo retained the remaining 39% of the company's ownership.