More recently, the Israel-based company reinvented itself as a fizzy water company popular with younger and more health- and environmentally-conscious consumers, who want to drink less soda and use fewer plastic bottles.
Earlier this month, SodaStream reported its strongest results in company history, a 31 percent year over year jump in revenues to $172 million, an 89 percent leap in operating profit to $32 million and an 82 percent climb by net profit to $26 million. The stock rose 10 per cent to US$143.36 in premarket trading in the U.S.
SodaStream makes a kitchen gadget that allows people to carbonate any drink in their home.
Other soft-drink producers have tried to tap the at-home market, though success has been elusive. Coca-Cola Co ventured into single-serve machines when it bought a stake in Green Mountain Coffee Roasters in 2014, though the soft-drink-making system they developed was discontinued in 2016 due to weak demand.
"Daniel and his leadership team have built an extraordinary company that is offering consumers the ability to make great-tasting beverages while reducing the amount of waste generated", Ms Nooyi said in the statement.
PepsiCo will pay $144.00 per share in cash, a 32% premium.
Nooyi is stepping down from the top job at PepsiCo later this year, but the move shows that Pepsi's CEO-elect, Ramon Laguarta, will continue focusing on healthier alternatives. Along with water company Aquafina, it now owns LIFEWTR (pH balanced water with added electrolytes) and Bubly (a sparkling water brand).
However, Sodastream has commanded some negative headlines in recent years as well, due to the fact that its primary manufacturing plant was for years located in the West Bank, much to the annoyance of pro-Palestinian activists who dispute Israeli control of the territory.
Goldman Sachs acted as financial advisor to PepsiCo and Centerview also acted as financial advisor to PepsiCo.
Pogba was handed the responsibility in Manchester United's 2-1 win over Leicester City in their league opener last Friday. Whose side are you on? "After the game , comments have brought the rift up again".
Jim Mattis also stated that the Taliban fighters are still hiding in homes in the Ghazni City and are waiting to be resupplied. Police say gunmen have launched an attack on a compound belonging to the Afghan intelligence service in the capital of Kabul .
Chopra explained the two had only arrived together because they were both wearing Ralph Lauren and seated at the same table. The rumours of their relationship began in May 2018 as the two were often spotted on dinner dates and outing around NY .
That means Jay Gruden is looking at Rob Kelley and Kapri Bibbs two weeks before the regular season-hence the veteran tryouts. With an injury to David Johnson, the back looked like he could still carry the load right away for the Cardinals in 2017.
He began to explain his reasoning by saying the meeting "was originally for the goal of getting information about Clinton". It was Giuliani's practical deployment of the idea that truth is subjective, though, that was probably more meaningful.
News outlets reported that Trump and his lawyers do not know the full scope of what McGahn told Mueller's team of investigators. Trump said he has no regrets about yanking former CIA Director John Brennan's security clearance.
Yet the foreign ministry insisted that Putin's visit "will not change anything in terms of Austria's foreign policy positions". The pipeline will allow gas to be transported directly to Germany from Russian Federation without transiting through Ukraine.
Sarri, however, ruled out talk of his side challenging for the Premier League title despite moving top of the table. I don't know why - maybe we didn't know what to do, but we picked ourselves up and got going", he told BT Sport .
The win by Rossi, however, took second status to a horrific crash during Lap 7 that sent driver Robert Wickens to the hospital . U.S. driver Graham Rahal - who crashed prior to the race's rolling start - tweeted his support during the lengthy delay.
Tottenham Hotspur didn't sign any new players this summer, because the stadium renovation processes are going on. If we know we are going to take some conscious risk, it's sure he is not going to play.
Whisper it quietly... Tiger Woods is back
Opens, clinched his third major title by carding four-under-par 66 at Bellerive. I didn't know what swing I was going to use either. Koepka, victor of the past two U.S.
Third day of deliberations set for Manafort fraud trial
I also don't believe that the length of jury deliberations tells us much of anything about which way they might be leaning. Prosecutors requested that Manafort waive his venue rights so all charges could be brought in D.C., but he refused.
Afghan forces free 149 hostages taken by Taliban in ambush
The Taliban have resurged in recent years, seizing districts across the country and regularly carrying out large-scale attacks. Zabihullah Mujahid, a spokesman for the insurgent group, said it was still discussing it and would announce its decision soon.
Stormy Daniels drops out of 'Celebrity Big Brother'
Moore said Daniels offered to appear on the Celebrity Big Brother live launch to explain the situation but was told she could not. The reality TV star appeared to blame Alley for the challenge and called for her to be removed from office.
People plucked from rooftops as Indian floods kill 324
More heavy to very heavy rains are expected in isolated areas Saturday, the Indian Meteorological Department (IMD ) said. Other distressed messages were shared online from people trapped inside temples and hospitals as well as their homes.
Klopp: 'Zaha deal like a spectacular transfer'
Jürgen Klopp has said that any player who disrespects Liverpool's squad-first ethos faces being marginalised. Liverpool have sold Ragnar Klavan to Italian side Cagliari , and for an up-front fee.