From Shark Tank to PepsiCo: Poppi acquired for $1.65B after disrupting soda aisle
This legal challenge highlights the growing scrutiny surrounding functional beverage claims and underscores the importance of transparency and accurate marketing practices within the industry. Despite ...
Recent reports suggest that Poppi reached an $8.9 million settlement to resolve the false advertising claims
In June 2024, former customer and plaintiff Kristin Cobbs filed a lawsuit against Poppi challenging the company's advertising ...
Hosted on MSN17d
PepsiCo acquires Poppi for $1.95 Billion – Expanding into the fast-growing prebiotic soda and functional beverage market
However, its health claims have also attracted legal scrutiny. Despite its success, Poppi has faced legal challenges over its marketing claims. The brand was hit with a class-action lawsuit alleging ...
Wall Street Journal17d
PepsiCo to Acquire Prebiotic Soda Brand Poppi for $1.95 Billion
PepsiCo PEP0.45%increase; green up pointing triangle agreed to acquire prebiotic soda brand Poppi for $1.95 billion, adding a drink with claims that it is good for the gut as sales of traditional ...
WholeFoods Magazine10d
M&A Update: PepsiCO Acquiring poppi
Functional soda brand, poppi, has entered into a definitive agreement to be acquired by PepsiCo. Created by Allison and ...
The Business Journals17d
PepsiCo to acquire Poppi in $1.95B deal
Poppi's financial advisor is Goldman Sachs & Co. LLC, and Cooley LLP is the legal advisor. Poppi, originally from Dallas and legally named VNGR Beverage LLC, started off as Mother, with less ...