My watch list  

EU Commission approves Pepsi takeover of Sodastream


The beverage giant Pepsico has received approval from the EU Commission to take over the Israeli manufacturer of spa equipment Sodastream. There are no competition concerns against the deal, the Brussels authority announced on Monday. The businesses of both companies had little overlap.

The companies had announced the planned takeover for 3.2 billion dollars (around 2.8 billion euros) in August. With the Sodastream system, a special bottle is filled with tap water and inserted into a device that carbonates it./vsr/DP/stw (dpa)

Facts, background information, dossiers
  • EU Commission
  • PepsiCo
  • SodaStream
More about PepsiCo
  • News

    PepsiCo Enters Into Agreement To Acquire SodaStream International Ltd.

    PepsiCo, Inc. ("PepsiCo") and SodaStream International Ltd. ("SodaStream") today announced that they have entered into an agreement under which PepsiCo has agreed to acquire all outstanding shares of SodaStream for $144.00 per share in cash, which represents a 32% premium to the 30-day volu ... more

    Ramon Laguarta Elected Chief Executive Officer of PepsiCo

    Indra K. Nooyi to end tenure as CEO after delivering more than a decade of strong performance, grounding company in Performance with Purpose philosophy, and positioning PepsiCo for continued success. PepsiCo, Inc. (NASDAQ: PEP) (“PepsiCo”) today announced that its Board of Directors has una ... more

    PepsiCo's beverage sales dip, but snack sales increase

    The maker of Gatorade, Mountain Dew and Tropicana said Tuesday that sales volume declined for its North American beverage unit in the second quarter. The dip came despite the company's efforts in recent years to introduce new drinks that are in line with trends. Earlier this year, for insta ... more

  • Companies

    PepsiCo, Inc.

    We have a complementary food and beverage portfolio that enables us to provide more choices for our customers, and drives lower costs, productivity enhancements and new capabilities. Our products are available around the world and our portfolio includes 22 brands that each generates more th ... more

More about SodaStream’s Head Office
Your browser is not current. Microsoft Internet Explorer 6.0 does not support some functions on Chemie.DE