"From breakthrough innovations like Drinkfinity to beverage dispensing technologies like Spire for foodservice and Aquafina water stations for workplaces and colleges, PepsiCo is finding new ways to reach consumers beyond the bottle, and today's announcement is fully in line with that strategy".
Earlier this month, SodaStream reported its strongest results in company history, a 31pc year-over-year jump in revenues to $172m, an 89pc leap in operating profit to $32m and an 82pc climb by net profit to $26m.
Ramon Laguarta, who will take over from Nooyi as PepsiCo boss later this year, said: "SodaStream is highly complementary and incremental to our business, adding to our growing water portfolio, while catalyzing our ability to offer personalized in-home beverage solutions around the world". The company's fizzy drink maker was a hot item in Britain in the 1970s and 80s, Reuters writes, "but its popularity faded as bottled sodas became cheaper".
PepsiCo said SodaStream complements its water business, which includes Aquafina and smaller brands Bubly and Lifewtr. Atlanta-based Coca-Cola also makes the sports drink Powerade, while PepsiCo makes the more popular Gatorade.
In 2014, actress Scarlett Johansen stepped down from her role as Oxfam ambassador after appearing in adverts for the company, while in the same year SodaStream was forced to close a store in Brighton after weekly BDS protests.
Three years ago, the firm shut down its West Bank factory amid worldwide boycott calls and opened a sprawling new factory deep in Israel's Negev Desert instead.
Arsenal's Petr Cech backed to keep No. 1 spot by Unai Emery
The Czech appeared to struggle with the policy of playing out from the back in the 2-0 loss at home to Manchester City on Sunday. If Bernd starts [in the future], I believe in him also. "He has experience, he has quality, he has the capacity", he added.
PepsiCo was advised by Goldman Sachs and Centerview, while SodaStream was advised by Perella Weinberg Partners.
Last month, Zach Smith was sacked from Ohio State after accusations of domestic violence made by his ex-wife were made public. We're getting closer to a resolution regarding Ohio State coach Urban Meyer's long-term status with the program.
Ellis III rejected a defense motion to dismiss the government's case on the theory that it failed to meet its burden of proof. Gates testified that he helped Manafort commit crimes in an effort to lower his tax bill and fund his lavish lifestyle.
He said: "The ceasefire should be observed from both sides, and its continuation and duration also depend on the Taliban's stand". Kabulov said the talks were "in the framework of launching a process of national reconciliation in Afghanistan".
Anusha Dandekar, who is a close friend to Priyanka, said the couple makes "love look so easy, attractive and special". Priyanka Chopra and Nick Jonas went to the Met Gala together last year but supposedly didn't date till this year.
Indeed, we have previously reported that President Trump's own words could figure into any obstruction of justice analysis. The paper said McGahn was motivated in part by fear that the president might set him up to be held responsible.
Priyanka was seen proudly flaunting the rock as she made her way into a hotel, hand-in-hand with Nick , looking visibly elated. They were spotted at a baseball game and also photographed chilling with Nick and his friends on a yacht. "Love you Ma.
Thick smoke clouds the air across the Front Range Monday
Henderson said testing had shown levels of fine particulate matter of up to 200 parts per million in some B.C. communities. While Metro Vancouver's air quality saw a brief reprieve on Friday, August 17th, the smoky haze returned the day after.
Elon Musk Opens Up About 'Excruciating' Year
Shares of Tesla closed down almost 9% on the day, and dropped close to 1% lower in after hours trading, landing at $303.05. He may have been referring to short-sellers, investors betting against Tesla whom he has openly wrangled with in the past.
John Oliver: Rudy Giuliani is a 'one-man legal improv troupe'
Giuliani accused the special counsel of being "desperate" and leaking McGahn's cooperation "illegally" to the New York Times . Trump has consistently denied Russian Federation colluded with his campaign team during the 2016 U.S. presidential election.
NVIDIA Makes Several Announcements At SIGGRAPH 2018
The Tensor Cores provide up to 500 trillion operations per second that fill in where the real time ray-tracing comes up short. The RT Cores can churn through ray-tracing performance at a staggering 25x faster than previous Pascal GPUs, Nvidia claims.