This acquisition marks a significant step in PepsiCo’s ongoing transformation of its portfolio PepsiCo announced that it has closed the acquisition of poppi for $1.95 billion, including $300 million of anticipated cash tax benefits for a net purchase price of $1.65 billion. The transaction also includes a performance-based earnout contingent on achieving certain performance[Read More…]
Tag: fruit juice
PepsiCo to acquire poppi
The company continues to evolve its portfolio through innovation and strategic acquisitions PepsiCo announced that it has entered into a definitive agreement to acquire poppi, a fast-growing prebiotic soda brand, for $1.95 billion, including $300 million of anticipated cash tax benefits for a net purchase price of $1.65 billion. The transaction also includes an[Read More…]
Coca Cola to introduce prebiotic soda
Simply Pop contains no added sugar and features 25-30 per cent real fruit juice from concentrate, making it a first in this rapidly growing segment Simply is revitalising the prebiotic soda category with a new line of fruit-forward beverages that feature 6 grams of prebiotic fibre to support gut health,[Read More…]
