On March 17, 2025, PepsiCo announced that it would be acquiring Poppi for a net purchase price of $1.65 billion. [1] The deal included a potential earnout consideration “subject to the achievement of certain performance milestones within a specified period after closing of the transaction.” [2] The buyer in the acquisition is PepsiCo, an international company serving over 200 countries and territories world-wide. [3] In 2024, PepsiCo earned nearly $92 billion in net reve