Wednesday 23 November 2016

PepsiCo to Acquire Probiotic Drinks Maker KeVita

PepsiCo to Acquire Probiotic Drinks Maker KeVita. PepsiCo Inc. announced to acquire probiotic and kombucha beverage maker KeVita Inc on November 22, 2016.Pepsico. Aim: To diversity the portfolio to tilt more heavily toward beverages that are in the health and wellness space of the grocery aisle at a time. PepsiCo was paying $200 million to KeVita Inc expand its “health and wellness offerings.”
PepsiCo Inc. 
♦ PepsiCo, Inc. is an American multinational food, snack and beverage corporation headquartered in Purchase, New York
♦ Founders: Donald M. Kendall, Herman Lay

PepsiCo to Acquire Probiotic Drinks Maker KeVita

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