Pepsico announces that you will buy PopPi for nearly two billion dollars to boost a healthy beverage portfolio
A Pepsico On Monday, 17, she announced that she had closed an agreement to obtain PopSoda brand Premier League leader, by $ 1.95 billionBeing $ 300 million for cash benefits, which leads to the net purchase price of $ 1.65 billion.
The agreement also provides an additional, potential reward linked to the completion of some performance features after the transaction is closed. A transação está sujeita às conições habituais de Fecchamento, infuindo a aprovação regulatória. The additional financial details of the agreement have not been revealed.
In a statement issued, Pepsico said that the acquisition aims to strengthen a healthy beverage group, in response to the increasing demand for consumers for comfortable and nutritious options.
Poppi is the brand that combines pre -pre -bibiotics, fruit juice and apple cider vinegar to create low -calorie soda, with a maximum of five grams of sugar per meal. The brand, which was founded by Alison and Stephen Elsworth, gained popularity after its discovery shark It was funded by CAVU.
According to Ramon Laguratta, President and CEO of Pepsico, POPI’s acquisition enhances the company’s efforts to transfer its wallet, providing consumers with healthy options.
“More than ever, consumers are looking for practical and delicious options that meet their increasing interest in health and luxury. Poppi is a great supplement to our wallet conversion efforts.
For Ram Kishnan, CEO of Pepsico Bepers Us, the Poppi brand is completely compatible with the company’s strategy to explore new outlets in the market and respond to the emerging needs of consumer such as health and culture.
