Story perspectives
PepsiCo Acquires Health Brand Poppi for $1.95 Billion
3/17/2025
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Story summary
- PepsiCo has acquired prebiotic soda brand Poppi for $1.95 billion, resulting in $1.65 billion after tax benefits.
- Founded in 2018, Poppi offers a blend of prebiotics, fruit juice, and apple cider vinegar, targeting health-conscious consumers.
- The agreement includes potential extra payments tied to Poppi's future performance.
- This acquisition supports PepsiCo's strategy to expand its portfolio with healthier beverage choices.
