PepsiCo Buys Poppi: Major $1.65 Billion Acquisition Expands Functional Beverage Market, Strengthening Health-Focused Soda Offerings and Consumer Appeal Globally
PepsiCo Buys Poppi: $1.65 Billion Deal Expands Functional Beverage Market PepsiCo has accelerated the diversification of its beverage lineup by acquiring a fast-expanding probiotic soda brand, Poppi, for a net amount of $1.65 million. Strategically, this choice of action reinforces PepsiCo’s loyalty to adapting to the changed consumer trend toward healthier drinks. PepsiCo Buys Poppi…