PepsiCo Unveils $1.95 Billion Acquisition of Prebiotic Soda Brand
Based in Texas, Poppi has carved out a unique niche in the rapidly expanding functional drinks sector. The company offers a diverse range of 14...
Tag : PepsiCo
PepsiCo to Shut Down PopCorners Facility in the U.S.
PepsiCo is set to close a snacks plant in the US that manufactures the popular PopCorners brand, resulting in job losses for over 200 employees....
PepsiCo CEO: Emphasizing Functionality as the Core of Investment Strategy
PepsiCo CEO Ramon Laguarta has reiterated the company’s commitment to drive growth in functional beverages and seize opportunities in multicultural snacks. Addressing the Consumer Analyst...
PepsiCo Remains Committed to Long-Term Growth Goals
PepsiCo remains committed to its long-term organic growth target, despite a challenging outlook for 2024, focusing on better-for-you options in both snacks and beverages. Chairman...
PepsiCo Partners with Jiangsu Rilong Food to Establish Quaker Plant in China
PepsiCo is collaborating with a Chinese partner to construct a Quaker Oats production facility in China. This initiative highlights PepsiCo’s commitment to enhancing its food...
Varun Beverages Increases Its Share in PepsiCo’s Soft Drink Volumes
Varun Beverages has made a significant investment of ₹4,128.04 million by acquiring ordinary shares in its subsidiary, The Beverage Company Proprietary Limited (BevCo). This strategic...
PepsiCo to Gain Complete Ownership of Sabra and Obela Joint Ventures
PepsiCo has announced plans to fully acquire Israel’s Strauss Group from their joint ventures, Sabra and Obela, specializing in dips. While the financial details of...
Finland’s Oddlygood Acquires UK Plant-Based Competitor Rude Health
Oddlygood, a Nordic plant-based food and beverage enterprise owned by Finnish dairy company Valio, has acquired its UK competitor Rude Health. The financial specifics of...
PepsiCo Lowers Growth Forecast Once More Amid “Normalization” Phase
PepsiCo is targeting a modest organic growth of approximately 1% for the year, maintaining a pace similar to that observed in the third quarter. This...
PepsiCo Secures $1.2 Billion Agreement to Acquire Siete Foods
PepsiCo has officially announced its acquisition of Siete Foods, a Mexican-American snacks company, for $1.2 billion. This strategic move aligns with current trends in the...