PepsiCo completes the £3.2bn acquisition of SodaStream International

PepsiCo has completed the acquisition of SodaStream International, as previously announced, acquiring all outstanding shares for $144 per share, resulting in £3.2bn deal value. The transaction is another step in PepsiCo's Performance with Purpose journey, supporting health and wellness through environmentally friendly, cost-effective and fun-to-use beverage solutions, and the company's Beyond the Bottle strategy to form a more sustainable beverage ecosystem. "I couldn't be prouder or more excited to welcome SodaStream to the PepsiCo family. With its customizable options, SodaStream empowers consumers to personalize their preferred beverage in an environmentally friendly way and provides PepsiCo with a significant presence in the at-home marketplace. Together with SodaStream, I'm confident we can accelerate progress on our shared goal of curbing plastic waste and building a more sustainable future." Ramon Laguarta, PepsiCo Chief Executive Officer.