- 01Snapple was introduced in the year 1972.
- 02Snapple first manufactured its tea beverages in the year 1987.
- 03Dr. Pepper Snapple Group’s current dividend yield amounts to 2.8%.
- 04Snapple has around 25,000 employees.
- 05Dr. Pepper Snapple Group’s market capitalization totals $40 billion.
Snapple Facts Infographics
Snapple had three founders.
In 1972, childhood friends Leonard Marsh and Arnold Greenberg co-founded Snapple with Marsh’s brother-in-law, Hyman Golden. Originally, they established the juice supply company as Unadulterated Food Products in Long Island, New York. In 1980, the co-founders changed the name to Snapple after a batch of carbonated apple drink bottles burst open due to fermentation.
Arnold Greenberg helped his father in their business initially.
Early in his life, Arnold Greenberg assisted his father in their family business of selling fishes and side dishes such as herring, lox, and pickles in New York. After a while, he transitioned to a new business venture in 1972.
Leonard Marsh also had a different business before he joined the Snapple partnership.
Prior to joining the Snapple Beverage Corporation, Leonard Marsh ran a window-washing business with his brother-in-law, Hyman Golden. In a 1989 interview, Marsh even claimed that when they co-founded Snapple, he knew as much about juice as making an atomic bomb.
Hyman Golden did not have a formal education.
Born to a Jewish family in New Jersey, Hyman Golden once served in the United States Air Force. Although Hyman did not have a formal education, he pursued a career as a business broker, which eventually led him to being one of the key figures of Snapple.
‘Snapple’ came from the words “snappy” and “apple.”
Although their company originally offered healthy juices, the Snapple co-founders experimented with a carbonated apple drink. After a batch of their experiment burst open, the founders cleverly named it Snapple as a shortcut for snappy apple.
