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Food News


THIS SECTION IS FOR NEWS AND INTERESTING STORIES RELATED TO FOOD, NUTRITION AND FOOD PROCESSING. THEY ARE NOT NECESSARILY RELATED TO KOSHER BUT MAY BE OF INTEREST TO THE KOSHER CONSUMER, MANUFACTURER OR MASHGIACH.

PepsiCo is buying SodaStream for $3.2 billion

August 20, 2018 from the CNNMoney:

"Pepsi (PEP) will take over the Israeli company known for its DIY seltzer makers in a deal worth $3.2 billion."
"SodaStream's products, marketed as a healthy alternative to sugary sodas, fit Pepsi's goal of making more nutritious products while limiting their environmental footprint."
"The deal will be funded using Pepsi's cash on hand and has been unanimously approved by the boards of both companies. It is expected to close by January, pending a SodaStream shareholder vote and certain regulatory approvals."

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