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Pepsi will pay $1.7 billion for a soft-drink company that got its start on ‘Shark Tank’ – Vested Daily

Pepsi will pay $1.7 billion for a soft-drink company that got its start on ‘Shark Tank’

March 17, 2025

https://images.mktw.net/im-60143068

Last Updated: March 17, 2025 at 7:23 p.m. ET
First Published: March 17, 2025 at 9:38 a.m. ET

PepsiCo Inc. said Monday it will pay about $1.7 billion for a soft-drink company that built up a social-media following after being featured on “Shark Tank,” as the beverage giant works to appeal to millennials and Gen Z with healthier offerings.

PepsiCo

PEP plans to tap into Poppi’s positioning as a “better-for-you” soda company offering prebiotic drinks with less than 5 grams of sugar per serving.