PepsiCo Acquires poppi

PepsiCo Acquires Siete Foods for $1.2 Billion

January 17, 2025

Food & Beverage

PepsiCo has completed the acquisition of Garza Food Ventures LLC (dba Siete Foods) for $1.2 billion. The deal brings the Austin-based, Mexican‑American better‑for‑you food brand (available in over 40,000 retailers) into PepsiCo’s portfolio to expand its offerings in healthier and ethnic snack and meal categories.

American Beverage Corporation (Harvest Hill) Acquires Poppilu

November 14, 2022

Food & Beverage

American Beverage Corporation, a subsidiary of Harvest Hill Beverage Company, has acquired Poppilu, a Chicago-based mom-founded kids' lemonade brand. The acquisition expands Harvest Hill/American Beverage's portfolio in the better-for-you kids' beverage category and will broaden Poppilu's national retail reach.

Barcel USA (Grupo Bimbo) Acquires Popcornopolis from NexPhase Capital

October 29, 2021

Food & Beverage

Barcel USA, the U.S. snack division of Grupo Bimbo, has acquired Popcornopolis LLC from private equity firm NexPhase Capital. Terms were not disclosed; Popcornopolis — a gourmet, ready-to-eat popcorn manufacturer and DTC brand — will join Barcel USA's snack portfolio following NexPhase's 2019 investment and recent retail and e-commerce growth.

J&J Snack Foods Acquires Dippin' Dots for $222M

June 21, 2022

Food & Beverage

J&J Snack Foods Corp. agreed to acquire Dippin' Dots, L.L.C. (including the Doc Popcorn business) for $222 million, a transaction funded with cash and senior debt and expected to close in June 2022. The acquisition expands J&J's frozen novelty portfolio and production/distribution capacity, and closed on June 21, 2022.

Keurig Dr Pepper Acquires Majority Stake in GHOST for $1.65B

October 24, 2024

Food & Beverage

Keurig Dr Pepper (KDP) agreed to acquire a 60% stake in GHOST (GHOST Lifestyle LLC and GHOST Beverages LLC) for roughly $990 million, with plans to purchase the remaining 40% by 2028 for a total transaction value of $1.65 billion. The founders will remain in leadership, and KDP expects to integrate GHOST into its U.S. refreshment beverages segment and leverage its distribution network to scale the energy drink and sports nutrition brand.

PDI Technologies Acquires Skupos

August 11, 2023

Software

PDI Technologies has acquired Skupos, a platform that connects independent convenience stores with CPG brands to provide discounts, programs and retail performance insights. The acquisition expands PDI’s footprint and data capabilities in the convenience retail channel, giving brands access to performance and activation at more than 25,000 independent U.S. sites.