PepsiCo to acquire Poppi in $1.95B deal

Austin-based brands that have gone national

AUSTIN (KXAN) — Austin is a hub for music, tech -- and a proving ground for businesses, some of which have expanded to have a national reach. Here's a look at the history of some Austin businesses that have expanded beyond the capital city. Made in Texas: Viewers name the top Texas brands, businesses they love Poppi This week, PepsiCo announced it had bought the prebiotic soda brand for nearly $2 million. While the idea for the different t…

Pepsi buys prebiotic soda brand "Poppi"

(CNN, KYMA/KECY) - Pepsi is buying a popular probiotic soda brand jumping into the trend of healthier sodas. Under this new deal, Pepsi will pay $1.6 billion for Poppi. Poppi has become increasingly popular since its appearance on Shark Tank back in 2018. In January, Pepsi bought Siete Foods and half of the remaining of Sabra Hummus brand as the company increases its lineup of healthier food products. The post Pepsi buys prebiotic soda brand “Po…

Weekly Recap: 10 Consumer Press Releases You Need to See

A roundup of the most newsworthy consumer and retail announcements from PR Newswire this week, including PepsiCo's acquisition of poppi and a new digital hub from Michaels.

Fresh Take: Behind Poppi’s Eye-Popping Price Tag After PepsiCo Deal

This week’s Fresh Take newsletter features a look at PepsiCo’s acquisition of Poppi and what it means for the beverage industry, the latest on egg prices and more.

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PepsiCo to acquire poppi - Food In Canada

PepsiCo is set to acquire poppi, a prebiotic soda brand, for $1.95 billion, including $300 million of anticipated cash tax benefits for a net purchase price of $1.65 billion. “We’ve been evolving our food and beverage portfolio over many years, including by innovating with our brands in new spaces and through disciplined, strategic acquisitions that enable us to offer more positive choices to our consumers,” said Ramon Laguarta, chair and CEO of…