PepsiCo to acquire SodaStream for $3.2 billion

PepsiCo Inc. and SodaStream International have entered into an agreement under which PepsiCo will acquire all outstanding shares of SodaStream for $144 per share in cash, in a transaction valued at US$3.2 billion. The transaction is expected to close in January 2019.

Judie Bizzozero, Content Director

August 21, 2018

1 Min Read
PepsiCo to acquire SodaStream for $3.2 billion

The acquisition of SodaStream adds to PepsiCo’s growing water portfolio, while catalyzing its ability to offer personalized in-home beverage solutions around the world. PepsiCo’s strong distribution capabilities, global reach, R&D, design, and marketing expertise, combined with SodaStream’s differentiated and unique product range will position SodaStream for further expansion and innovation, the company said in a statement.

“From breakthrough innovations like Drinkfinity to beverage dispensing technologies like Spire for foodservice and Aquafina water stations for workplaces and colleges, PepsiCo is finding new ways to reach consumers beyond the bottle, and today's announcement is fully in line with that strategy,” said Ramon Laguarta, CEO-Elect and President, PepsiCo.

The transaction is another step in PepsiCo’s Performance with Purpose journey, promoting health and wellness through environmentally friendly, cost-effective and fun-to-use beverage solutions.

About the Author(s)

Judie Bizzozero

Content Director, Informa Markets Health & Nutrition

Judie Bizzozero oversees food and beverage content strategy and development for the Health & Nutrition group at Informa Markets (which acquired VIRGO in 2014), including the Food & Beverage Insider, Natural Products Insider and SupplySide/Food ingredients North America brands. She reports on market trends, science-based ingredients, and challenges and solutions in the development of healthy foods and beverages. Bizzozero graduated from the Walter Cronkite School of Journalism and Mass Communication at Arizona State University in 1987 with a bachelor’s degree in journalism.

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