Article Date 06/12/2018

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PepsiCo Completes Acquisition of SodaStream

Source PRN Wire

PepsiCo, Inc  announced today that it has completed its acquisition of SodaStream International Ltd., as previously announced, acquiring all outstanding shares for $144 per share. 

The transaction is another step in PepsiCo's Performance with Purpose journey, supporting health and wellness through environmentally friendly, cost-effective and fun-to-use beverage solutions, and the company's Beyond the Bottle strategy to form a more sustainable beverage ecosystem. PepsiCo's strong research and development capabilities, global reach, design and marketing expertise, combined with SodaStream's differentiated and unique product range position SodaStream for further expansion and breakthrough innovation.