PepsiCo acquires Poppi for $1.95 billion.

PepsiCo acquires Poppi for $1.95 billion.

PepsiCo just announced it is acquiring prebiotic soda brand Poppi for $1.95 billion, a major accomplishment for a brand founded less than ten years ago. This transaction echoes the year-on-year growth of the functional drink market, especially the better-for-you soda...
Unilever is selling The Vegetarian Butcher to Vivera

Unilever is selling The Vegetarian Butcher to Vivera

JBS subsidiary Vivera has offered to purchase The Vegetarian Butcher, a plant-based protein brand presently owned by Unilever. Unilever, in a press release, stated that it had received a binding offer from Vivera to purchase the brand, which has been under Unilever’s...