BeverageAcquisition

PepsiCo Expands Beverage Portfolio with $2 Billion Acquisition of Poppi

2 months ago

In a significant move to diversify its beverage offerings, PepsiCo has announced its decision to acquire the rapidly growing soda brand, Poppi, for an estimated $2 billion. This acquisition underscores PepsiCo's commitment to expanding its footprint in the health-conscious beverage sector, responding to shifting consumer preferences towards products that offer functional benefits.

Pernod Ricard Transfers Nordic Spirits Brands to Royal Unibrew in Strategic Shift

7 months ago

In a substantial move within the beverage industry, Pernod Ricard, the global spirits giant, has announced the sale of several of its local Nordic spirits brands to the Danish brewing company Royal Unibrew. This transaction marks a significant strategic shift for Pernod Ricard as it refocuses its portfolio on more lucrative markets and brands while also streamlining its operations in the Nordic region.