Overcast 31°
Tag:

Daniel Birnbaum

Business
Make Your Own Soda At Home? Pepsi Acquires Cola Maker For $3.2B Make Your Own Soda At Home? Pepsi Acquires Cola Maker For $3.2B
Make Your Own Soda At Home? Pepsi Acquires Cola Maker For $3.2B Do you want to make your own soda at home? A deal just made by Westchester-based PepsiCo may allow you to do just that. Pepsi announced on Monday it will acquire an Israel-based cola maker. The deal for SodaStream of $144 per share in cash, a transaction valued at more than $3.2 billion. A SodaStream device carbonates water by adding carbon dioxide from a pressurized cylinder to create make carbonated water in which one of more than 100 types of syrups may be added to produce soda. "Today marks an important milestone in the SodaStream journey," Daniel Birnbaum, SodaStream CEO an…

SHARE

by Joe Lombardi