Pepsi Just Bought a New Soda Brand in Major Acquisition
PepsiCo just acquired Poppi in a $1.95 billion deal. Here’s what the purchase means for the prebiotic soda brand’s future.
PepsiCo buys Poppi for $2 billion; its second acquisition of an Austin-based health brand
PepsiCo, announced today that it has entered into a definitive agreement to acquire Poppi, an Austin-based prebiotic soda brand, for $1.95 billion.
Oregonian15d
PepsiCo buys popular soda brand for nearly $2 billion
PepsiCo said Monday it’s acquiring the prebiotic soda brand Poppi for $1.95 billion. The acquisition gives PepsiCo a fast-growing brand in the popular functional beverage category.
syracuse.com16d
PepsiCo buys popular soda brand for $1.95 billion
PepsiCo said Monday it’s acquiring the prebiotic soda brand Poppi for $1.95 billion. The acquisition gives PepsiCo a fast-growing brand in the popular functional beverage category.
Seeking Alpha15d
PepsiCo's deal for Poppi is seen as on-brand with its aggressive M&A strategy
Notably, PepsiCo (NASDAQ:PEP) rival Coca-Cola (KO) decided recently to invest in probiotic growth through the Simply Brand. Grundy said the poppi deal makes strategic sense given ongoing pressures ...