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.
A message from our CEO & publisher Rachel Fishman Feddersen
I hope you appreciated this article. Before you go, I’d like to ask you to please support the Forward’s award-winning, nonprofit journalism during this critical time.
At a time when other newsrooms are closing or cutting back, the Forward has removed its paywall and invested additional resources to report on the ground from Israel and around the U.S. on the impact of the war, rising antisemitism and polarized discourse.
Readers like you make it all possible. Support our work by becoming a Forward Member and connect with our journalism and your community.
— Rachel Fishman Feddersen, Publisher and CEO
