From Shark Tank to PepsiCo: Poppi acquired for $1.65B after disrupting soda aisle
This legal challenge highlights the growing scrutiny surrounding functional beverage claims and underscores the importance of transparency and accurate marketing practices within the industry. Despite ...
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PepsiCo acquires Poppi for $1.95 Billion – Expanding into the fast-growing prebiotic soda and functional beverage market
However, its health claims have also attracted legal scrutiny. Despite its success, Poppi has faced legal challenges over its marketing claims. The brand was hit with a class-action lawsuit alleging ...
Recent reports suggest that Poppi reached an $8.9 million settlement to resolve the false advertising claims
In June 2024, former customer and plaintiff Kristin Cobbs filed a lawsuit against Poppi challenging the company's advertising ...
The Express Tribune16d
PepsiCo acquires Poppi for $1.95B to gain foothold in functional drinks
Legal challenges: class-action lawsuit settlement Despite Poppi’s rapid success, the company has faced legal challenges. Last summer, multiple class-action lawsuits were filed against the brand ...
The Business Journals17d
PepsiCo to acquire Poppi in $1.95B deal
Poppi's financial advisor is Goldman Sachs & Co. LLC, and Cooley LLP is the legal advisor. Poppi, originally from Dallas and legally named VNGR Beverage LLC, started off as Mother, with less ...
Convenience Store News15d
PepsiCo Continues to Evolve Its Portfolio
Cravath, Swaine & Moore LLP is acting as legal advisor to PepsiCo, and Davis Polk & Wardwell LLP is acting as tax counsel. Goldman Sachs & Co. LLC is acting as financial advisor to poppi ...