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The Energy Drink Buyout Prize Beverage Giants Are Circling

PepsiCo’s distribution tie and 11% stake make a full buyout look like the cleanest path as Celsius’s shares slide 39% this year.

Summary by 24/7 Wall St.
Celsius Holdings shares have cratered nearly 40% this year, shrinking its market cap to a size beverage giants can actually swallow. With PepsiCo already holding equity and activist investors circling, the question is no longer if a deal happens but who makes the move first.

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24/7 Wall St. broke the news in Lakewood, United States on Monday, August 10, 2026.
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