PEP · News · 20261014N

Acquisitions / Divestitures (PBNA & Poppi)

PEPSICO INC · 2026-10-14 · Importance 71 · Surprise 82

PepsiCo reduced the earnout value for its Poppi prebiotic soda acquisition to $12 million from an initial $278 million, a $266 million or approximately 95.7% decrease. The reduction indicates Poppi is not meeting its growth targets under the acquisition agreement. Poppi was acquired to expand PepsiCo’s presence in the faster-growing prebiotic soda segment, but the brand’s weaker performance coincides with softness in PepsiCo’s North American soft-drink market.

Key facts

• PepsiCo has reduced the earnout value for its acquisition of Poppi to $12 million. source
• The initial earnout value for PepsiCo's acquisition of Poppi was $278 million. source
• The reduction of the Poppi earnout to $12 million was characterized as indicating that Poppi is not meeting its growth targets. source
• PepsiCo intended Poppi to boost its presence in a faster-growing beverage segment. source
• Poppi is described as a prebiotic soda brand in PepsiCo's acquisition announcement. source