{"_id":"agxzfmlsbGlzdHNpdGVyGAsSC05ld19Db21wYW55GICAgN6n6KkKDA","lastupdate":"2021-03-01T00:00:00.000Z","update_date":"2021-03-01T00:00:00.000Z","lastModified":"Sep 7, 2024","active":1,"confidence_score":95,"confidence_score_reason":"markets, not claimed","urlname":"sodastream","minimal_profile":null,"status":"Acquired","fullstatus":"Acquired by Pepsico on Dec, 2018","acquired":1,"hide_reason":null,"hide_reason_data":null,"hide_reasons":[{"id":"8257rxn4P8EFQOmS5hAAauHyYMhhxrA5u6yWX4XUShpybX3AMNo3Y9","reason":"Pending approval - External entity"},{"id":"aOIaOiiqfpA8UMw6VCTh8ueRmkG3lzDy1NGqEOaJbe11OrCzMTCCd6","reason":"The company is a service provider"},{"id":"ddgjKuc3GgH8E5UehSVJviRl471BCajL1plO8HtGoOojy2NivYqQ7x","reason":"Owner asked to delete"},{"id":"EjOKM211H1ira9J63oaGPuUxvr7Oba55TZo3NWsFO5uhbNu7o4x4zD","reason":"The company is not Israeli"},{"id":"J7fQJtnT3GdWWSE3MD8rzaW65LJ4jEIKxSZnneQiReONdZjG3zIqWe","reason":"Owner asked to hide in the meantime"},{"id":"NxlAC3ReFb5ksiYNLp2FnUyluoJzwRCYfcF7xpTZaPM53SdWQ5kv0B","reason":"Pending approval"},{"id":"RhC1tlwXzioK0MfzBII3H2wepEfQOfKVktmdwqeqTJjGi3ZaBWUqZo","reason":"The company is not innovative"},{"id":"S0Ed46vNI6vZYVxLedANWGjas23K6hY0QdsCtiGYL7lshqIEdLV3sA","reason":"The company ceased operations in Israel"},{"id":"VTANq7bEvlsEcPjp0ghelXfShaCosgndONGjgU730aAOxXtaDIF5j3","reason":"This is a product of an existing company"}],"type":"Startup","logokey":"$2Bc1vZav3QG9CrWzvcUhovUJVTDES8gNQcipXLwwWcwkYdGzZZ4tal","name":"SodaStream","oneliner":"Homemade Soda and Sparkling Water System","registrar":"510999410","website":"https://sodastream.com","careerspage":"https://corp.sodastream.com/career","founded_month":1,"founded_year":1991,"formernames":[],"sociallinks":{"twitter":"https://twitter.com/sodastreamusa","youtube":"https://www.youtube.com/user/SodaStreamGuru","facebook":"https://www.facebook.com/SodaStream","linkedin":"https://www.linkedin.com/company/1000151","instagram":"https://www.instagram.com/sodastream"},"social":["https://www.instagram.com/sodastream","https://www.linkedin.com/company/1000151","https://www.youtube.com/user/SodaStreamGuru","https://www.facebook.com/SodaStream","https://apps.apple.com/us/app/sodastream-connect/id1457366052","https://twitter.com/sodastreamusa","https://play.google.com/store/apps/details?id=com.waterstation"],"flattenedsociallinks":"https://www.instagram.com/sodastream|https://www.linkedin.com/company/1000151|https://www.youtube.com/user/SodaStreamGuru|https://www.facebook.com/SodaStream|https://apps.apple.com/us/app/sodastream-connect/id1457366052|https://twitter.com/sodastreamusa|https://play.google.com/store/apps/details?id=com.waterstation","apps":{"appstore":"https://apps.apple.com/us/app/sodastream-connect/id1457366052","googleplay":"https://play.google.com/store/apps/details?id=com.waterstation"},"is_claimed_by_owner":null,"employees":"500+","employees_exact":1245,"patent":1,"raised":12000000,"stage":"Acquired","public_stage":"Acquired","primary_sector_key":"agxzfmlsbGlzdHNpdGVyJAsSF0Jhc2VDbGFzc2lmaWNhdGlvbk1vZGVsGICA4Jvz2KAJDA","primary_sector":"Agriculture & Food Technologies","alternativenames":["soda-stream","Soda Stream","Soda club"],"about":"SodaStream is a global manufacturer, distributor, and marketer of home carbonation systems. The company's system allows users to carbonate water, add flavors, and enjoy high-quality sparkling beverages at home.\r\n\r\nThe company aims to reduce polluting plastic bottles by providing consumers with an alternative way to consume beverages.","climatetech_description":null,"is_climatetech_relevant":null,"phone":"","country":null,"address":{"israeli":[{"id":"793c3c2b-6ed8-49b7-9026-1964c0501675","city":"Kefar Sava","type":null,"address":"Atir Yeda Street 1, Kefar Sava, Israel","placeid":null,"notactive":0,"openeddate":null,"registrarid":null,"firstrdcenter":0,"registrarname":null}],"officesabroad":[{"id":"06a582d7-efb7-47e5-86d3-0a222c272833","city":"Cherry Hill","address":"Mall Drive, Cherry Hill, NJ, USA","country":"United States","placeid":null},{"id":"bad61fbc-01c5-451d-aedf-9a21b4712dab","city":"Fen Ditton","address":"High Ditch Road, Fen Ditton, Cambridge CB5 8TE, UK","country":"United Kingdom","placeid":null},{"id":"ccb8672c-25d8-4727-af72-2a79dc554377","city":"Limburg an der Lahn","address":"Hhenstrae 2, 65549 Limburg, Deutschland","country":"Germany","placeid":null}]},"headquarter_address":null,"district":"Center District","news":[{"id":"1WPzPmU1fbBImJJfRyxtvPvNnM3yWNdY9hkx6ya0OStKNE3oHkLPKX","date":"Dec 12, 2022","link":"https://en.globes.co.il/en/article-sodastream-laying-off-200-in-israel-1001432437","source":"en.globes.co.il","visible":1,"analysis":{"tags":"layoffs","company":"Sodastream","layoffs":200,"summary":"Sodastream, owned by PepsiCo, is laying off about 200 employees, following a previous layoff of 300 employees in October 2021. The majority of the layoffs will occur at the Idan Hanegev Industrial Park in southern Israel. The company attributes the layoffs to a return to pre-pandemic demand levels and volatile global market conditions. Sodastream plans to introduce efficiency measures and adapt to the new business reality. The company will provide support to the affected employees through severance payments and assistance in finding alternative jobs. Sodastream, which manufactures home carbonation devices and concentrates for making soda, currently employs around 3,000 people globally, with 2,000 of them in Israel. It sells its products in 48 countries.","partners":null,"customers":null,"investors":"PepsiCo","confidence":8,"key_topics":["Layoffs","Workforce reduction","Efficiency measures","Global market conditions","Sodastream ownership"],"date_of_event":"2022-12-12","valuation_amount":null,"impact_on_company":"growth-negative","investment_amount":null,"structured_issues":["Layoffs"],"acquisition_amount":null,"structuredIssuesShow":"#Layoffs","entityGrowthIconPath":"url(/assets/circle-red.svg);"},"sentiment":"growth-negative","analysisId":"AfFVPh4rWw9WTMCp6voVHoVScGTPTKl1tGtKnnDkYdIkdanex5HVuE","news_summary":"Sodastream laying off 200 in Israel","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"6dba62a7-b99f-45a0-b635-c658e750b52c","date":"Oct 26, 2021","link":"https://en.globes.co.il/en/article-sodastream-lays-of-300-production-workers-1001388631","source":"en.globes.co.il","visible":1,"analysis":{"tags":"Layoffs, Demand decrease","company":"SodaStream","layoffs":"300","summary":"SodaStream, the Israeli home carbonation drinks manufacturer, is laying off 300 employees due to reduced demand. The layoffs will primarily affect production workers at the Rahat plant in the Negev. During the Covid-19 pandemic, SodaStream saw a rise in demand for its products and increased its production capabilities. However, as the pandemic continued, demand returned to its previous levels. SodaStream was acquired by PepsiCo in 2018 for $3.2 billion.","partners":"Not mentioned","customers":"Not mentioned","investors":"PepsiCo","confidence":"9","key_topics":"Layoffs, Covid-19, Demand, Production, Employees","date_of_event":"October 26, 2021","valuation_amount":"Not mentioned","impact_on_company":"growth-negative","investment_amount":"Not mentioned","structured_issues":"Layoffs","acquisition_amount":"$3.2 billion","structuredIssuesShow":"#Layoffs","entityGrowthIconPath":"url(/assets/circle-red.svg);"},"sentiment":"growth-negative","analysisId":"ZRIQAaDb6MwW0AGfMniP8cK2vkupTiF4OecgtJhRlXjdo1pmpNkRbD","news_summary":"SodaStream lays off 300 production workers","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"b8bbb95b-8eba-4319-b2a0-8c0882074185","date":"Jan 13, 2021","link":"https://www.foodbusinessnews.net/articles/17680-pepsico-bringing-bubly-to-sodastream","source":"www.foodbusinessnews.net","visible":1,"analysis":{"tags":"co-branding partnership","company":"PepsiCo, Inc.","layoffs":null,"summary":"PepsiCo is partnering with SodaStream to launch bubly drops for use in SodaStream machines. This marks the first co-branding partnership between the two companies in North America. The move comes as the sparkling water maker category is experiencing significant growth, with SodaStream being the global leader. PepsiCo acquired SodaStream in 2018 as part of its commitment to health and wellness through sustainable solutions. The partnership expands the usage occasions for the bubly brand, which has been successful since its introduction in 2018. The bubly drops are available in six flavors and can be purchased online and in select stores.","partners":"SodaStream","customers":null,"investors":null,"confidence":9,"key_topics":["bubly brand","SodaStream machines","sparkling water makers","acquisition","sustainability"],"date_of_event":"January 12, 2021","valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":null,"structured_issues":["Partners","Customers"],"acquisition_amount":"$3.2 billion","structuredIssuesShow":"#Partners  #Customers","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"k3qM7FZGQ4lWCFDtzOy3tTb9IsofTCQMhdeYnrSDXDJxU49m7aJC4F","news_summary":"PepsiCo bringing bubly to SodaStream","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"068c8b52-2ec3-4f79-87ff-84591564ece6","date":"Aug 2, 2020","link":"https://unitedwithisrael.org/sodastream-joins-covid-19-fight-with-new-breathing-machine/#.XyfRqCTno_w.linkedin","source":"unitedwithisrael.org","visible":1,"analysis":{"tags":"COVID-19, medical innovation","company":"SodaStream","layoffs":null,"summary":"SodaStream, the Israeli beverage company, has partnered with Hadassah hospital to develop a new COVID-19 breathing machine. The device, called StreamO2, delivers a high flow rate of oxygen mixed with air to patients noses, providing a low-cost alternative to invasive ventilators. The prototype has been approved for a clinical trial, and if successful, SodaStream plans to mass-produce it. The partnership between SodaStream and Hadassah hospital is a growth-positive move for the company, as it demonstrates their commitment to innovation and addressing the needs of COVID-19 patients. SodaStream was acquired by PepsiCo in a $3 billion acquisition in 2018.","partners":"Hadassah hospital","customers":null,"investors":"PepsiCo","confidence":8,"key_topics":["SodaStream","COVID-19","breathing machine","ventilator machines","clinical trial"],"date_of_event":null,"valuation_amount":"$3 billion","impact_on_company":"growth-positive","investment_amount":null,"structured_issues":["Partners","Expand"],"acquisition_amount":null,"structuredIssuesShow":"#Partners  #Expand","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"tLQiVSTW17AkCAvlh2po7mOHQZtKtAeu3WsGeSzYjfoPr5JWmsQr21","news_summary":"Israeli Company SodaStream Creates New Breathing Machine to Fight COVID-19  United with Israel","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"81f60b8f-b8c7-4f0f-869d-1cc6108008d8","date":"Feb 4, 2020","link":"https://www.calcalistech.com/ctech/articles/0,7340,L-3788692,00.html","source":"www.calcalistech.com","visible":1,"analysis":{"tags":"rebranding, expansion, acquisition","company":"SodaStream International Ltd.","layoffs":null,"summary":"SodaStream, owned by PepsiCo, plans to rebrand itself in the U.S. and focus on promoting its carbonated water-making device. As part of its integration with PepsiCo, SodaStream will start selling syrups under PepsiCos brand Bubly. The company also plans to expand its facility in Rahat, Israel with an investment of NIS 400 million and recruit 500-700 additional employees. Despite being owned by PepsiCo, there are no major changes expected in SodaStreams operations. The companys former CEO, Daniel Birnbaum, is being investigated for insider trading violations, but the investigation is said to have no impact on SodaStreams operations. SodaStream aims to increase its market share in the U.S. and become PepsiCos 23rd brand in 2020.","partners":null,"customers":null,"investors":"PepsiCo","confidence":9,"key_topics":["SodaStream","PepsiCo","rebranding","expansion","acquisition"],"date_of_event":"2020-02-02","valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":null,"structured_issues":["Customers","Partners","Investment"],"acquisition_amount":"$3.2 billion","structuredIssuesShow":"#Customers  #Partners  #Investment","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"lKt1Sc3qLlTwEArNvrZ3rhh6FHa2seQvjYkgWbPGcmt7q2W5OvpYga","news_summary":"It's 2020, and SodaStream Is Taking on America","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"74020f59-5644-4a32-b79c-ef01b5b0629e","date":"Nov 26, 2019","link":"https://www.timesofisrael.com/pepsico-will-expand-sodastream-plant-in-southern-israel/","source":"www.timesofisrael.com","visible":1,"analysis":{"tags":"expansion","company":"PepsiCo","layoffs":null,"summary":"PepsiCo plans to expand its plant in southern Israel with a $92 million investment, allowing the company to hire 1,000 more workers. The plant, which currently employs 1,500 people, was acquired by PepsiCo when it purchased SodaStream for $3.2 billion in August 2018.","partners":null,"customers":null,"investors":null,"confidence":9,"key_topics":["expansion","hiring","workforce","acquisition","plant"],"date_of_event":null,"valuation_amount":"$3.2 billion","impact_on_company":"growth-positive","investment_amount":"$92 million","structured_issues":["Expand"],"acquisition_amount":null,"structuredIssuesShow":"#Expand","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"tnwV25qw0bGZX1K47cNXbmoKkIeGAy72oa5ByqBKTwXHPErA6a8oTc","news_summary":"PepsiCo will expand SodaStream plant in southern Israel","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"2ca6d610-a05d-40e4-bf3d-5c77a9fcb562","date":"Oct 27, 2019","link":"https://en.globes.co.il/en/article-sodastream-replacing-plastic-with-metal-1001304847","source":"en.globes.co.il","visible":1,"analysis":{"tags":["environmental sustainability"],"company":"SodaStream","layoffs":null,"summary":"SodaStream, controlled by Pepsico, plans to replace all of its plastic flavors bottles with metal bottles in an effort to reduce plastic waste. The companys plant in Ashkelon currently produces over 30 million plastic bottles annually, and this number is projected to grow by over 10% a year. The transition to metal bottles involves operational, marketing, and commercial difficulties, including an initial investment of several hundred million shekels. SodaStream is currently conducting an internal study to avoid passing the cost onto consumers. The company aims to eliminate the need for 200 million disposable plastic bottles in the next five years.","partners":null,"customers":null,"investors":"Pepsico","confidence":8,"key_topics":["plastic bottles","environmental sustainability","metal bottles","reusable bottles","reducing plastic waste"],"date_of_event":"October 27, 2019","valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":null,"structured_issues":["Investment"],"acquisition_amount":null,"structuredIssuesShow":"#Investment","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"OjYk44nRnIgjAMakZT3VPEXmEZw3frqh8tDDLD2qUMhCwA71srYeqW","news_summary":"SodaStream replacing plastic bottles with metal","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"b35e460a-aa4b-49ad-a066-6f395367c6e6","date":"Oct 23, 2019","link":"https://www.calcalistech.com/ctech/articles/0,7340,L-3772269,00.html","source":"www.calcalistech.com","visible":1,"analysis":{"tags":"soft drink concentrates","company":"SodaStream International Ltd.","layoffs":null,"summary":"SodaStream International Ltd. will start offering concentrates for 10 of its parent company PepsiCo Inc.’s most popular soft drink brands. The main advantage will be a reduction in the use of disposable plastic bottles. The concentrates will be manufactured in Israel and initially available in Sweden and Norway. Distribution in Germany and France will begin in March 2020. PepsiCo acquired SodaStream for $3.2 billion last year.","partners":null,"customers":null,"investors":"PepsiCo","confidence":9,"key_topics":["SodaStream","PepsiCo","soft drink concentrates","homemade","reduction in plastic bottles"],"date_of_event":"2019-10-23","valuation_amount":"$3.2 billion","impact_on_company":"growth-positive","investment_amount":null,"structured_issues":["Customers","Partners"],"acquisition_amount":null,"structuredIssuesShow":"#Customers  #Partners","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"HXGo5dy4KWQGXeEnGEFbV2tCswRaDMRu828Tgur4y9cilMI5qxbrW1","news_summary":"SodaStream to Offer Concentrates for Homemade Pepsi, Mountain Dew","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"e2aab2b8-bd13-42dd-a414-565ed56c8835","date":"Sep 19, 2019","link":"https://www.calcalistech.com/ctech/articles/0,7340,L-3770686,00.html","source":"www.calcalistech.com","visible":1,"analysis":{"tags":"environmental sustainability","company":"SodaStream International Ltd.","layoffs":null,"summary":"SodaStream International Ltd., a PepsiCo-owned at-home water carbonation company, announced that it will go on strike as part of the Global Climate Strike. The company will shut down its global e-commerce and head office operations for 24 hours. SodaStream is known for its advocacy against single-use plastic bottles and has gained attention through controversial ad campaigns. The CEO, Daniel Birnbaum, recently stepped down after a 12-year tenure, and Eyal Shohat has taken over as the new CEO. SodaStream was acquired by PepsiCo in 2018, with Birnbaum crediting PepsiCo for understanding the demand for sustainable products. The strike is a demonstration of the companys commitment to environmental sustainability.","partners":null,"customers":null,"investors":"N/A","confidence":9,"key_topics":["Global Climate Strike","Advocacy against single-use plastics","CEO transition","E-commerce shutdown","PepsiCo acquisition"],"date_of_event":"2019-09-20","valuation_amount":null,"impact_on_company":"growth-negative","investment_amount":null,"structured_issues":["Customers","Management Changes"],"acquisition_amount":null,"structuredIssuesShow":"#Customers  #Management Changes","entityGrowthIconPath":"url(/assets/circle-red.svg);"},"sentiment":"growth-negative","analysisId":"xBNVdeQcnByXgkR3wldLZpxokZzygJD09Dbpzr04ZDivlhcPT0o2K9","news_summary":"SodaStream to Strike in Solidarity With Global Climate Strike","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"c6daabb7-d535-441f-945d-38363cf39586","date":"Jan 28, 2019","link":"https://www.fairfieldcurrent.com/news/2019/01/28/blackrock-inc-has-54-58-million-holdings-in-sodastream-international-ltd-soda.html","source":"www.fairfieldcurrent.com","visible":1,"analysis":{"tags":"stock research tools","company":"MarketBeat","summary":"MarketBeat offers best-in-class stock research tools, including portfolio monitoring, proprietary research reports, and stock screeners. The article promotes their services and encourages readers to sign up for a free trial. MarketBeat provides in-depth profiles and analysis for 20,000 public companies, real-time analyst ratings, insider transactions, and earnings data. The company aims to provide valuable information and analysis to help investors make informed decisions. The article does not mention any specific partners or customers. No investment or acquisition information is provided. The date of the event described in the article is not mentioned. Confidence level: 8","investors":null,"key_topics":["Stock research tools","Portfolio monitoring","Proprietary research reports","Stock screeners","Free trial"],"impact_on_company":"growth-positive","structured_issues":["Customers","Partners"],"structuredIssuesShow":"#Customers  #Partners","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"8sVakgSVxcEiNIAnwBjDD08EBOPrdYxpbfGkyRG0Sjrg8rZw2nTtht","news_summary":"Stock Market News","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"8744d0a4-7c15-4f1f-8767-35f2ed6eb5bc","date":"Jan 10, 2019","link":"https://www.adweek.com/brand-marketing/sodastream-u-s-marketing-chief-departs-after-4-months-as-pepsico-completes-3-2-billion-acquisition/","source":"www.adweek.com","visible":1,"analysis":{"tags":"marketing executive shakeup","company":"SodaStream","layoffs":null,"summary":"SodaStream, the Israel-based home carbonation company, recently parted ways with its top U.S. marketing executive, Maurice Herrera. The shakeup came only four months after Herrera arrived from Weight Watchers.","partners":null,"customers":null,"investors":null,"confidence":8,"key_topics":["SodaStream","marketing executive","shakeup"],"date_of_event":null,"valuation_amount":null,"impact_on_company":"growth-negative","investment_amount":null,"structured_issues":["Management Changes"],"acquisition_amount":null,"structuredIssuesShow":"#Management Changes","entityGrowthIconPath":"url(/assets/circle-red.svg);"},"sentiment":"growth-negative","analysisId":"zj8mIDCeHyguZvzuhKfYus2UVLX7X2KaLR164Qhf1ojhAZTEpW3zWz","news_summary":"SodaStream U.S. Marketing Chief Departs After 4 Months as PepsiCo Completes $3.2 Billion Acquisition","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"4665725e-caea-4cab-b31f-6919e1e0e7d4","date":"Dec 20, 2018","link":"https://en.globes.co.il/en/article-sodastream-ceo-well-set-up-a-factory-in-gaza-1001265753","source":"en.globes.co.il","visible":1,"analysis":{"tags":"acquisition","company":"Pepsico","layoffs":null,"summary":"Pepsico CEO Ramon Laguarta and Sodastream CEO Daniel Birnbaum spoke at the 2018 Globes Business Conference about Pepsicos acquisition of Sodastream for $3.2 billion. They revealed plans to set up a Sodastream plant in Gaza. Laguarta praised Israels achievements and stated that the acquisition filled a vacuum in the beverages market resulting from reduced use of plastic. He also mentioned Pepsicos mission to make the world a better place. Birnbaum emphasized the importance of diversity and integration between Jews and Arabs in Sodastreams plant, and announced plans for a production plant in Gaza. The article was published on December 20, 2018.","partners":["Strauss family","Tempo group"],"customers":null,"investors":null,"confidence":8,"key_topics":["Pepsico","Sodastream","acquisition","Gaza","carbonated drinks"],"date_of_event":"2018-12-20","valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":null,"structured_issues":["Acquisition","Partners"],"acquisition_amount":"$3.2 billion","structuredIssuesShow":"#Acquisition  #Partners","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"IhlCOiJnTlWnyfuqmD4uAtpDggSUm2VwtWs9HjdJoYUC42Jw6AT96N","news_summary":"Sodastream CEO: We are setting up a factory in Gaza","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"1ab6d0cb-807d-45b4-be8e-7178bfbed0a6","date":"Dec 5, 2018","link":"https://www.timesofisrael.com/pepsico-completes-acquisition-of-israels-sodastream/","source":"www.timesofisrael.com","visible":1,"analysis":{"tags":"acquisition","company":"PepsiCo","layoffs":null,"summary":"PepsiCo has completed the acquisition of SodaStream, an Israeli company that makes machines to carbonate home tap water, for $3.2 billion. The acquisition allows PepsiCo to have a significant presence in the at-home marketplace and aligns with their goal of curbing plastic waste. SodaStream will be delisted from the Tel Aviv Stock Exchange and the Nasdaq. The deal also ensures that SodaStreams Israeli headquarters will be kept for 15 years. 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