PepsiCo buys Dallas-founded ‘healthier’ soda Poppi for $2 billion
PepsiCo is buying Dallas-founded prebiotic soda brand Poppi for $1.95 billion, a homegrown beverage that has caught the attention of health-conscious
PepsiCo buying prebiotic soda brand Poppi for nearly $2B as soft drink demand fizzles
PepsiCo said Monday it would buy prebiotic soda brand Poppi for $1.95 billion, expanding in the “healthier soda” category at a time when the company is battling falling demand for its traditional beverages and snacks. Shares of PepsiCo were up 1.5% in morning trading.
PepsiCo Buys Prebiotic Soda Brand Poppi to Gain a Foothold in Functional Drinks
Ellsworth developed Poppi – then known as Mother Beverage -- in her kitchen in 2015 because she loved soda but was tired of the way it made her feel. She mixed fruit juices with
PepsiCo to buy prebiotic soda brand Poppi for nearly $2 billion
PepsiCo said on Monday it would buy prebiotic soda brand Poppi for $1.95 billion, expanding into the "healthier soda" category at a time when the company is battling falling demand for its traditional beverages and snacks.
PepsiCo to buy healthy soda brand Poppi for nearly $2B
PepsiCo announced on Monday that it will acquire a prebiotic soda brand called Poppi, which was founded by a family in Austin, Texas. The deal is valued at nearly $2 billion.
Pepsi to Purchase Poppi in Nearly $2 Billion Soda Deal
PepsiCo Inc. will acquire healthier soda brand Poppi for $1.95 billion, including $300 million in expected cash tax benefits for a net purchase price of $1.65 billion. PepsiCo is working to diversify away from its standard soda and snacks by making acquisitions of healthier brands.
Pepsi joins the healthy soda wars and buys Poppi for $1.6 billion
Poppi is a great complement to our portfolio transformation efforts to meet these needs,” he added. Harnessing PepsiCo’s major distribution agreements and marketing budget could give Poppi an advantage over rival Olipop,
Wegmans introduces Wonder Pop, a healthier soda option
Wonder Pop is not stocked in the soda aisles at Wegmans. It’s kept in coolers next to such health-conscious options as ...
Marketplace5d
Gen Z drinks “gut pop,” and legacy soda makers are eager to supply it
Coca-Cola has already released a prebiotic soda called Simply Pop, and PepsiCo is planning to enter the market. The prebiotic soda market is growing, particularly among Generation Z, those born ...
CNET12d
Is There Really a 'Healthy' Soda Out There? 6 Experts Weigh In
Coming alongside fast-growing brands like Poppi and Olipop, Coca-Cola launched a new prebiotic soda called Simply Pop. With five flavors based on natural ingredients, it might look like a healthy ...
USA Today26d
Simply Pop: Coke steps into the prebiotic soda market with a new product
Coke is stepping into the prebiotic soda market with a new "fruit-forward line of beverages": Simply Pop. The new products, an extension of Coke's "Simply" line, do not have any added sugar and ...