PepsiCo Acquires SodaStream

PepsiCo has acquired SodaStream International.

License Global, Content Editor

August 20, 2018

1 Min Read

Under the terms of the agreement, PepsiCo has agreed to absorb all outstanding shares of SodaStream at the value of $144 per share in cash, a 32 percent premium of the 30-day volume weighted average price.

"PepsiCo and SodaStream are an inspired match," says Indra Nooyi, chairman and chief executive officer, PepsiCo. "Daniel and his leadership team have built an extraordinary company that is offering consumers the ability to make great-tasting beverages while reducing the amount of waste generated. That focus is well-aligned with Performance with Purpose, our philosophy of making more nutritious products while limiting our environmental footprint. Together, we can advance our shared vision of a healthier, more sustainable planet.”

PepsiCo will leverage its distribution capabilities, global presence, research and development, design and marketing experience to expand the SodaStream brand.

The acquisition is a move in PepsiCo's Performance with Purpose journey, promoting health and wellness through environmentally friendly beverage options.

The transaction was valued at $3.2 billion, which will be funded by PepsiCo's cash-on-hand. The deal is subject to a SodaStream shareholder vote, certain regulatory approvals and other customary conditions. Closing is expected by January 2019.

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PepsicoSodaStream

About the Author

License Global

Content Editor, License Global

License Global is the leading news source for the brand licensing industry, delivering award-winning editorial content including news, trends, analysis, and special reports about the global consumer product and retail marketplace.

Through its print edition, website, daily e-newsletter and event publications, License Global reaches more than 150,000 executives and professionals in all major markets. The magazine also serves as the official publication for the sector’s trade events, which include Licensing Expo, Brand Licensing Europe, France Licensing Day, Licensing for Retail, Licensing Expo Japan, Licensing Expo Shanghai and the Licensing Leadership Summit.

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