Connect with us

Hi, what are you looking for?

Jewish Business News

Business

PepsiCo expands its SodaStream partnership

sodastream-goes-gourmet

PepsiCo will expand its SodaStream partnership, The Wall Street Journal reports.

Both companies stock were increasing in trading on Friday after the announcement. Pepsico by 0.21% to $91.25, and SodaStream by 6.28% to $15.75.

The US soft-drink giant will offer 4-pack capsules ($3.50),  for use in the Israeli firm’s soda machines with the flavor of Pepsi, Pepsi Wild Cherry and Sierra Mist flavors to make half a liter of soda. The companies had a trial in Florida last year.

The caps will be sold on SodaStream’s website and about 50 Bed Bath & Beyond (BBBY) stores, the Journal added.

The partnership comes ahead of the launch of a Keurig Green Mountain’s release of a cold-drink machine, which will offer drinks from Coca-Cola and Dr Pepper Snapple.

SodaStream revenue declined 27% in the first half of 2015, compared with the same period last year, the Journal noted.

 

SodaStream

Newsletter



Advertisement

You May Also Like

World News

In the 15th Nov 2015 edition of Israel’s good news, the highlights include:   ·         A new Israeli treatment brings hope to relapsed leukemia...

Entertainment

The Movie The Professional is what made Natalie Portman a Lolita.

Travel

After two decades without a rating system in Israel, at the end of 2012 an international tender for hotel rating was published.  Invited to place bids...

VC, Investments

You may not become a millionaire, but there is a lot to learn from George Soros.

Advertisement