PepsiCo, Inc. announced that it has entered into a definitive agreement to acquire poppi, a fast-growing prebiotic soda brand, for $1.95 billion, including $300 million of anticipated cash tax benefits for a net purchase price of $1.65 billion.
BUBLUV's flagship product line, BUBLUV Bubble Tea, is the first and only better-for-you ready-to-drink, shelf-stable boba tea with both milk and fruit flavors.
The merger, first announced on Nov. 12, 2024, was finalized following the receipt of all necessary regulatory approvals and customary closing conditions. noosa yoghurt will operate as a stand-alone division of Novus Foods.
The planned acquisition further supports Ferrero's expansion in the better-for-you product category, following the acquisitions of FULFIL and Eat Natural in Europe.
As the bakery category continues to evolve, product developers are presented with opportunities to leverage trends and acquisitions to create innovative baked goods that resonate with today's consumers.
Headquartered in McDonald, Tenn., MBC is a manufacturer & distributor of frozen breakfast products specializing in French toast sticks, waffles, pancakes, breakfast sandwiches, and an array of other baked goods.
Founded in 2012 by Katlin Smith, Simple Mills is a market-leading natural brand offering premium better-for-you crackers, cookies, snack bars, and baking mixes.