PepsiCo to buy soda brand Poppi for nearly $2B, 5 years after 'Shark Tank' appearance
Ellsworth developed Poppi – then known as Mother Beverage -- in her kitchen in 2015 because she loved soda but was tired of the way it made her feel. She mixed fruit juices with apple cider vinegar, sparkling water and prebiotics and sold the drink at farmer's markets.
PepsiCo announced Monday that it will acquire prebiotic soda brand Poppi for $1.95 billion as the food and beverage giant seeks to tap into the heightened consumer demand for healthy products.
PepsiCo said Monday it would ... broader shift to fitness and lifestyle products, with rival Coca-Cola expanding its Simply brand to launch a prebiotic soda called “Simply Pop.” ...
PepsiCo is acquiring the prebiotic soda brand for $1.95 billion. The acquisition of the Texas company gives PepsiCo a brand ...
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