PepsiCo's Purchase of SodaStream Says a Lot About What the Consumer Wants — Food News

Indra Nooyi announced that she was stepping down as CEO from PepsiCo just two weeks ago, but before she ends her 12-year reign officially on October 3, she's doing one more big thing for the Fortune 500 company: buying SodaStream.

It was announced today that PepsiCo is buying the DIY sparkling-water giant, SodaStream, for $3.2 billion. Nooyi says the purchase aligned with the PepsiCo's "philosophy of making more nutritious products while limiting our environmental footprint."

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