Streams of Soda in the Desert

Ihor PletenetsArticles

One of our best stock picks in 2018 was the Israeli beverage company SodaStream. On August 20th, 2018, American beverage giant PepsiCo signed a deal to acquire the Israeli home seltzer machine producer SodaStream for $3.2 billion. Following International Flavors & Fragrances’ acquisition of Frutarom in May, this is now the second time …