Hotline: 1800 102 2007
X
Search Business Opportunities
Aug, 22 2018

PepsiCo to Acquire SodaStream for $3.2 Billion

For SodaStream, the deal is a chance for further expansion and breakthrough innovation through PepsiCo's strong distribution capabilities, global reach, R&D, design and marketing expertise.

Beverage and snack giant PepsiCo has announced that it will buy SodaStream for $3.2 billion. PepsiCo agreed to pay $144 per share in cash for SodaStream's outstanding stock, a 32% premium to its 30-day volume weighted average price.

For SodaStream, the deal is a chance for further expansion and breakthrough innovation through PepsiCo's strong distribution capabilities, global reach, R&D, design and marketing expertise. SodaStream is the largest sparkling water brand in volume in the world, providing flavoured water drinks at the click of a button. The company was founded in Britain in 1903.

Indra Nooyi, PepsiCo’s Chairman and CEO, said, “PepsiCo and SodaStream are an inspired match. Daniel and his leadership team have built an extraordinary company that is offering consumers the ability to make great-tasting beverages while reducing the amount of waste generated. Together, we can advance our shared vision of a healthier, more sustainable planet”.

The products of SodaStream will be a cost-effective, customised and fun alternative to traditional fizzy drinks, fully complementing Pepsi’s growing portfolio.

Comment
image
Related opportunities
  • Degree/Diploma Colleges
    About Us: Instituto Hispania was incepted to remove language barriers, promote..
    Locations looking for expansion Delhi
    Establishment year 1997
    Franchising Launch Date 2009
    Investment size Rs. 10lac - 20lac
    Space required 1300
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • Quick Service Restaurants
    About Us: • Chawlas2 is one of the biggest North Indian..
    Locations looking for expansion Punjab
    Establishment year 1960
    Franchising Launch Date 1991
    Investment size Rs. 10lac - 20lac
    Space required 400
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Ludhiana Punjab
  • Tea and Coffee Chain
    About Us: Ritazza is an international chain of coffee shops specialising in..
    Locations looking for expansion Delhi
    Establishment year 1988
    Franchising Launch Date 1955
    Investment size Rs. 1 Cr. - 2 Cr
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • Beauty Salons
    About: Established in 2013, Hair Masters is a premium unisex salon..
    Locations looking for expansion New Delhi
    Establishment year 2013
    Franchising Launch Date 2019
    Investment size Rs. 50lac - 1 Cr.
    Space required 1000
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi New Delhi
Insta-Subscribe to
The Franchising World
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities