SodaStream Will Sell Some of PepsiCo’s Brands On a Test Basis
Image by Getty Images
Soda machine maker SodaStream International Ltd said it would sell some of PepsiCo Inc’s brands through its soda machines on a test basis later this year.
SodaStream shares surged almost 19 percent to $25.15 in afternoon trading on Friday.
The Israeli company was not currently in talks with Pepsi for a broader agreement, it said in a regulatory filing.
The company did not specify which of PepsiCo’s brands would be part of the test. PepsiCo’s soda brands include Mountain Dew, and 7Up.
The deal was first reported by online newsletter Beverage Digest.
PepsiCo was not immediately available for comment.
This is a moment of great uncertainty. Here’s what you can do about it.
We hope you appreciated this article. Before you go, we’d like to ask you to please support the Forward’s independent Jewish news. All donations are still being matched by the Forward Board - up to $100,000 until April 24.
This is a moment of great uncertainty for the news media, for the Jewish people, and for our sacred democracy. It is a time of confusion and declining trust in public institutions. An era in which we need humans to report facts, conduct investigations that hold power to account, tell stories that matter and share honest discourse on all that divides us.
With no paywall or subscriptions, the Forward is entirely supported by readers like you. Every dollar you give is invested in the future of the Forward — and telling the American Jewish story fully and fairly.
The Forward doesn’t rely on funding from institutions like governments or your local Jewish federation. There are thousands of readers like you who give us $18 or $36 or $100 each month or year.
Support our mission to tell the Jewish story fully and fairly.
