From CNBC: 2025-03-17 14:22:00

PepsiCo is acquiring prebiotic soda brand Poppi for nearly $2 billion, aiming to tap into the growing market of health-conscious consumers. The deal includes $300 million in anticipated cash tax benefits, with additional payments possible based on performance. Poppi’s annual sales reportedly exceeded $100 million by 2023, attracting both success and controversy. Olipop, a rival brand, was valued at $1.85 billion in its latest funding round.



Read more at CNBC: PepsiCo buys prebiotic soda brand Poppi for nearly $2 billion