Sign up for our newsletter
PepsiCo's outgoing CEO Indra Nooyi is making one last major acquisition before her retirement, effectively doubling-down on her strategy of moving the company away from sugary drinks — a major focus of her time overseeing the snack and beverage giant. In her 12 years as CEO, Nooyi touted the need to reposition the company into better-for-you products that reflect changing consumer trends away from sugary drinks and into healthier teas, waters and juices.
In recent years, PepsiCo has introduced drinks like LifeWTR bottled water; acquired probiotics beverage manufacturer KeVita, a maker of kombucha and vinegar tonics; introduced new versions of its iconic Gatorade brand including an organic variety; and most recently launched sparkling water brand bubly to challenge LaCroix. CNBC's Jim Cramer said PepsiCo was the only bidder for SodaStream.
Read the full article here
Quick Links
Event FAQs Sponsorship Careers Bigger Table Contact Us
Quick Links Event FAQs Sponsorship Bigger Table
Resources Careers Services Contact Us
Chicagoland Food & Beverage Network 1210 W Lake St, Chicago, IL 60607 (312) 525-9653 info@chicagolandfood.org
©Chicagoland Food & Beverage Network. All Rights Reserved