Sodastream exits for $3.2 billion

PepsiCo is buying Israel’s SodaStream, producer of DIY soda makers, for $3.2 billion. Pepsi says it wants to offer healthier options in SodaStream’s environmentally friendly re-usable bottles. SodaStream will remain based in Israel and is paying large bonuses to all its 3,000 employees. Meanwhile, PepsiCo selected 3 Israeli food-tech startups for its 2018 Nutrition Greenhouse incubator program.

https://money.cnn.com/2018/08/20/investing/pepsico-sodastream/index.html

https://www.calcalistech.com/ctech/articles/0,7340,L-3745171,00.html

This entry was posted in Economy & Business. Bookmark the permalink.

Leave a Reply

Your email address will not be published. Required fields are marked *