PepsiCo on verge of acquiring soda brand Poppi for over $1.5 billion

PepsiCo nears $1.5 billion deal to acquire Poppi

Robert Besser
17 Mar 2025, 23:12 GMT+10

PepsiCo is reportedly in advanced talks to purchase Poppi, a healthier soda brand, in a deal exceeding $1.5 billion, Bloomberg News reported on Friday
According to Bloomberg, the deal could be finalized as early as next week, though negotiations remain fluid and delays are still possible
If completed, the acquisition would mark another strategic move by PepsiCo to diversify its beverage lineup beyond traditional carbonated sodas

HARRISON, New York: PepsiCo is on the verge of expanding its portfolio with a major acquisition. The beverage giant is reportedly in advanced talks to purchase Poppi, a healthier soda brand, in a deal exceeding $1.5 billion, Bloomberg News reported on Friday.

According to Bloomberg, the deal could be finalized as early as next week, though negotiations remain fluid and delays are still possible.

Neither PepsiCo nor Poppi immediately responded to requests for comment from Reuters.

If completed, the acquisition would mark another strategic move by PepsiCo to diversify its beverage lineup beyond traditional carbonated sodas. The company has previously invested in or acquired brands like Bubly, Kevita, and SodaStream to cater to evolving consumer preferences.

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