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Industry News: PepsiCo Announces Definitive Agreement to Acquire KeVita

 

 

 

 

PURCHASE, N.Y., Nov. 22, 2016 /PRNewswire/ -- PepsiCo, Inc. (NYSE: PEP) announced today that it has entered into a definitive agreement to acquire KeVita, a leading North American creator of fermented probiotic and kombucha beverages. The transaction will expand PepsiCo's health and wellness offerings in the premium chilled beverage space.

"I am pleased to welcome KeVita into the PepsiCo family.  Under the leadership of CEO Bill Moses, KeVita has become an innovative, high–growth brand that is transforming the functional beverage space," said Chris Lansing, general manager and vice president, PepsiCo Premium Nutrition.  "This announcement is further evidence of PepsiCo's focus on delivering Performance with Purpose by continuing to evolve our health and wellness offerings to meet consumers' changing needs."

 

KeVita is a leader in fermented probiotic and kombucha beverages with three product lines and live probiotics in every bottle. With over two dozen flavors of Sparkling Probiotic Drink, Master Brew Kombucha and Apple Cider Vinegar Tonic, all KeVita drinks are certified organic, non-GMO, gluten-free and vegan. KeVita has a loyal and rapidly growing consumer base in the fast growing functional beverage space.

"Joining the PepsiCo family will give us an opportunity to extend KeVita's trend-forward beverages to a broader audience, while staying committed to our core values," said Bill Moses, CEO and co-founder of KeVita. "We're looking forward to more consumers experiencing the KeVita brand and to leveraging PepsiCo's marketing and distribution capabilities."

Upon closing, which is subject to regulatory approval, KeVita will continue to operate independently with its production and bottling facilities located in Oxnard, California.

About PepsiCo

PepsiCo products are enjoyed by consumers one billion times a day in more than 200 countries and territories around the world. PepsiCo generated more than $63 billion in net revenue in 2015, driven by a complementary food and beverage portfolio that includes Frito-Lay, Gatorade, Pepsi-Cola, Quaker and Tropicana. PepsiCo's product portfolio includes a wide range of enjoyable foods and beverages, including 22 brands that generate more than $1 billion each in estimated annual retail sales.

At the heart of PepsiCo is Performance with Purpose – our goal to deliver top-tier financial performance while creating sustainable growth and shareholder value. In practice, Performance with Purpose means providing a wide range of foods and beverages from treats to healthy eats; finding innovative ways to minimize our impact on the environment and reduce our operating costs; providing a safe and inclusive workplace for our employees globally; and respecting, supporting and investing in the local communities where we operate. For more information, visit www.pepsico.com.

About KeVita

KeVita is a leader in fermented probiotic and kombucha beverages with 3 refreshingly accessible product lines and live probiotics in every bottle.   Crafted since 2009, KeVita has grown from a kitchen in Ojai, California to over 20,000 retail locations across North America. KeVita uses only the purest ingredients and pairs age-old techniques with modern technology to provide the finest quality, flavor, and functionality in the market. This commitment to quality continues through their advocacy for rigorous testing and transparency in fermented beverage labeling. For more information, visit http://www.kevita.com.

Cautionary Statement
Statements in this communication that are "forward-looking statements" are based on currently available information, operating plans and projections about future events and trends. Terminology such as "believe," "expect," "intend," "estimate," "project," "anticipate," "will," or similar statements or variations of such terms are intended to identify forward-looking statements, although not all forward-looking statements contain such terms. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from those predicted in any such forward-looking statement. Such risks and uncertainties include, but are not limited to: changes in demand for PepsiCo's products, as a result of changes in consumer preferences, increased taxes on our products or otherwise; changes in or failure to comply with, applicable laws and regulations; imposition by any jurisdiction (within or outside the U.S.) of new or increased taxes or other measures that impact our products and the timing thereof, disagreements with tax authorities or additional tax liabilities; PepsiCo's ability to compete effectively; PepsiCo's ability to grow its business in developing and emerging markets or unstable political conditions, civil unrest or other developments and risks in the markets where PepsiCo's products are made, manufactured, distributed or sold; unfavorable economic conditions in the countries in which PepsiCo operates; increased costs, disruption of supply or shortages of raw materials and other supplies; failure to realize anticipated benefits from PepsiCo's productivity initiatives or global operating model; business disruptions; product contamination or tampering or issues or concerns with respect to product quality, safety and integrity; damage to PepsiCo's reputation or brand image; failure to successfully complete or integrate acquisitions and joint ventures into PepsiCo's existing operations or to complete or manage divestitures or refranchisings; changes in estimates and underlying assumptions regarding future performance that could result in an impairment charge; PepsiCo's ability to recruit, hire or retain key employees or a highly skilled and diverse workforce; loss of any key customer or changes to the retail landscape; any downgrade or potential downgrade of PepsiCo's credit ratings; the ability to protect information systems against or effectively respond to a cyber attacks or other cyber incidents or other disruption; PepsiCo's ability to implement shared services or utilize information technology systems and networks effectively; fluctuations or other changes in exchange rates, including the impact of currency controls or other currency exchange restrictions; the impact of deconsolidating our Venezuelan subsidiaries; climate change, or legal, regulatory or market measures to address climate change; failure to successfully negotiate collective bargaining agreements or strikes or work stoppages; any infringement of or challenge to PepsiCo's intellectual property rights; potential liabilities and costs from litigation or legal proceedings; and other factors that may adversely affect the price of PepsiCo's common stock and financial performance.

For additional information on these and other factors that could cause PepsiCo's actual results to materially differ from those set forth herein, please see PepsiCo's filings with the Securities and Exchange Commission, including its most recent annual report on Form 10-K and subsequent reports on Forms 10-Q and 8-K. Investors are cautioned not to place undue reliance on any such forward-looking statements, which speak only as of the date they are made. PepsiCo undertakes no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise.

 

 

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Drink Spotlight: KeVita Raspberry Lemon Master Brew Kombucha

 

 

Raspberry and lemon join forces in this zesty-smooth, Master Brew Kombucha.
Bold and naturally energizing, handcrafted Master Brew Kombucha is certified organic, non-GMO, non-dairy and gluten free. Naturally sweetened with stevia and contains no added sugar.

 

 

 

 

About the company

KeVita® Sparkling Probiotic Drink is delicious vitality in every sip. At the heart of KeVita is its proprietary culture with four strains of live probiotic. KeVita is handcrafted in its own facility in Southern California. Enjoy a variety of low calorie flavors including Coconut, Mango Coconut and Pomegranate. KeVita is certified organic, non-dairy, non-GMO, gluten free and vegan.

KeVita’s mission is to empower people to take their health and well-being into their own hands by providing innovative products geared to help support immune and digestive health. KeVita is part of the movement to end obesity in the United States.

 

 

Company: KeVita
Brand:  Raspberry Lemon Master Brew Kombucha
Slogan:  KeVita
Origin: US
Category: Juice
Packaging: 450ml
Claims:  Handcrafted, non GMO, certified organic, non dairy and gluten free.
Variants: View product range here
Price: Coming soon
Where to Buy: US, Store Locator
Website: http://kevita.com/

 

 

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Drink Spotlight: KeVita Pineapple Peach Master Brew Kombucha

 

 

Two all-time favorites come together in an energizing, sparkly, sassy and pleasingly sweet Kombucha. Bold and naturally energizing, handcrafted Master Brew Kombucha is certified organic, non-GMO, non-dairy and gluten free. Naturally sweetened with stevia and contains no added sugar.

 

 

 

 

About the company

KeVita® Sparkling Probiotic Drink is delicious vitality in every sip. At the heart of KeVita is its proprietary culture with four strains of live probiotic. KeVita is handcrafted in its own facility in Southern California. Enjoy a variety of low calorie flavors including Coconut, Mango Coconut and Pomegranate. KeVita is certified organic, non-dairy, non-GMO, gluten free and vegan.

KeVita’s mission is to empower people to take their health and well-being into their own hands by providing innovative products geared to help support immune and digestive health. KeVita is part of the movement to end obesity in the United States.

 

 

Company: KeVita
Brand:  Pineapple Peach Master Brew Kombucha
Slogan:  KeVita
Origin: US
Category: Juice
Packaging: 450ml
Claims:  Handcrafted, non GMO, certified organic, non dairy and gluten free.
Variants: View product range here
Price: Coming soon
Where to Buy: US, Store Locator
Website: http://kevita.com/

 

 

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kevita feat1

Drink Spotlight: KeVita Tart Cherry Master Brew Kombucha

 

 

Bright and lively, our new handcrafted Master Brew Kombucha Tart Cherry, is a deep ruby swirl with the perfect balance of sweet and tart. Bold and naturally energizing Master Brew Kombucha is certified organic, non-GMO, non-dairy and gluten free. Naturally sweetened with stevia and contains no added sugar.

 

 

 

 

About the company

KeVita® Sparkling Probiotic Drink is delicious vitality in every sip. At the heart of KeVita is its proprietary culture with four strains of live probiotic. KeVita is handcrafted in its own facility in Southern California. Enjoy a variety of low calorie flavors including Coconut, Mango Coconut and Pomegranate. KeVita is certified organic, non-dairy, non-GMO, gluten free and vegan.

KeVita’s mission is to empower people to take their health and well-being into their own hands by providing innovative products geared to help support immune and digestive health. KeVita is part of the movement to end obesity in the United States.

 

 

Company: KeVita
Brand:  Tart Cherry Master Brew Kombucha
Slogan:  KeVita
Origin: US
Category: Juice
Packaging: 450ml
Claims:  Handcrafted, non GMO, certified organic, non dairy and gluten free.
Variants: View product range here
Price: Coming soon
Where to Buy: US, Store Locator
Website: http://kevita.com/

 

 

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Drink Spotlight: KeVita Red Beet Sparkling Probiotic Tonic

 

 

An aromatic blend of earthy turmeric and soothing ginger, KeVita’s Turmeric Ginger Probiotic Tonic is filled with powerful functional ingredients. KeVita TONICS are certified organic and non-GMO, low in calories, vegan, non-dairy, and gluten free. Stevia sweetened. Contains no added sugar.

 

 

 

 

About the company

KeVita® Sparkling Probiotic Drink is delicious vitality in every sip. At the heart of KeVita is its proprietary culture with four strains of live probiotic. KeVita is handcrafted in its own facility in Southern California. Enjoy a variety of low calorie flavors including Coconut, Mango Coconut and Pomegranate. KeVita is certified organic, non-dairy, non-GMO, gluten free and vegan.

KeVita’s mission is to empower people to take their health and well-being into their own hands by providing innovative products geared to help support immune and digestive health. KeVita is part of the movement to end obesity in the United States.

 

 

Company: KeVita
Brand:  Red Beet Sparkling Probiotic Tonic
Slogan:  KeVita
Origin: US
Category: Juice
Packaging: 450ml
Claims:  Non GMO, certified organic, non dairy and gluten free.
Variants: View product range here
Price: Coming soon
Where to Buy: US, Store Locator
Website: http://kevita.com/

 

 

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masterbrew

Drink Spotlight: KeVita Lavender Melon Master Brew Kombucha

 

 
KeVita Lavender Melon delivers a sweet and floral, smooth and soothing ride. Bold and naturally energizing, handcrafted Master Brew Kombucha is certified organic, non-GMO, non-dairy and gluten free. Naturally sweetened with stevia and contains no added sugar.

 

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About the Company
KeVita’s sweet beginnings emerged quite naturally as Co-Founders Chakra Earthsong Levy and Bill Moses joined together to bring KeVita Sparkling Probiotic Drink to market. The mission was clear—to provide thirsty health-seeking consumers a delicious vitalizing drink. Chakra, a nutritional consultant and long-time fermenter first created KeVita in her Ojai, California kitchen. She shared the drink with her friend Bill who loved the concept. With Bill’s winemaking and business expertise they further developed the drink and KeVita was born. Soon after, beverage industry expert Robert Adams joined the team and the hardworking trio hit the ground running.  Read More

 

 

 

Company: Kevita
Brand: Kevita
Slogan: N/A
Origin: USA
Category: Juice
Packaging: 450ml (15.2fl oz)
Claims: Probiotic, No Added Sugar, Gluten Free, Organic, Lactose Free, Low Calorie, Non GMO, Verified Non Alcoholic
Varieties: View Range Here
Price: Coming Soon
Where to Buy: Store Locator
Website: kevita.com

 
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kevitam

Drink Spotlight: KeVita Turmeric Ginger Cleansing Probiotic Tonic

 

 
An aromatic harmony of earthy turmeric and soothing ginger, KeVita’s Turmeric Ginger Cleansing Probiotic Tonic is filled with powerful functional ingredients. KeVita TONICS are certified organic and non-GMO, low calorie, vegan, and dairy, lactose, and gluten free. Stevia sweetened. Contains no added sugar.

 

 

 
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About the Company
KeVita’s sweet beginnings emerged quite naturally as Co-Founders Chakra Earthsong Levy and Bill Moses joined together to bring KeVita Sparkling Probiotic Drink to market. The mission was clear—to provide thirsty health-seeking consumers a delicious vitalizing drink. Chakra, a nutritional consultant and long-time fermenter first created KeVita in her Ojai, California kitchen. She shared the drink with her friend Bill who loved the concept. With Bill’s winemaking and business expertise they further developed the drink and KeVita was born. Soon after, beverage industry expert Robert Adams joined the team and the hardworking trio hit the ground running.  Read More

 

 

 

Company: Kevita
Brand: Kevita
Slogan: Delicious Vitality
Origin: USA
Category: Juice
Packaging: 480ml (15.2fl oz)
Claims: Probiotic, No Added Sugar, Gluten Free, Organic, Lactose Free, Low Calorie
Varieties: View Range Here
Price: Coming Soon
Where to Buy: Store Locator
Website: kevita.com

 

 

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kevita

Drink Spotlight: Kevita Tangerine Probiotic Sparkling Beverage

 
Refreshing and light, KeVita Tangerine is our delightfully sweet citrus and creamy vanilla blend. Enhanced with vitamin C and organic green coffee bean extract, Tangerine is sunshine in a bottle. Tangerine is certified organic, non-GMO, low calorie, vegan, and dairy, lactose, and gluten free. Stevia sweetened. Contains no added sugar.

 

 

 

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About the Company
KeVita’s sweet beginnings emerged quite naturally as Co-Founders Chakra Earthsong Levy and Bill Moses joined together to bring KeVita Sparkling Probiotic Drink to market. The mission was clear—to provide thirsty health-seeking consumers a delicious vitalizing drink. Chakra, a nutritional consultant and long-time fermenter first created KeVita in her Ojai, California kitchen. She shared the drink with her friend Bill who loved the concept. With Bill’s winemaking and business expertise they further developed the drink and KeVita was born. Soon after, beverage industry expert Robert Adams joined the team and the hardworking trio hit the ground running.  Read More

 

 

 

Company: Kevita
Brand: Kevita
Slogan: Delicious Vitality
Origin: USA
Category: Juice
Packaging: 480ml
Claims: Probiotic, No Added Sugar, Gluten Free, Organic, Lactose Free, Low Calorie
Varieties: View Range Here
Price: Coming Soon
Where to Buy: Store Locator
Website: kevita.com

 

 

 

 

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kevita1

Drink Spotlight: Kevita Living Greens Sparkling Probiotic Drink

 
KeVita Living Greens™ is profoundly good, it tastes like high energy should. Deliciously earthy, a potent afternoon pick me up. Enjoy this perfectly balanced blend of green teas, KeVita Probiotic Culture, and our superfood phytoalgae blend of the finest Chlorella and blue-green algae (AFA) and BrainON® from E3Live. KeVita Living Greens is certified organic and non-GMO, low calorie, vegan, and dairy, lactose, and gluten free. Lightly sweetened. Lightly caffeinated. Gently swirl.

 

 

kevita
 

About the Company
KeVita’s sweet beginnings emerged quite naturally as Co-Founders Chakra Earthsong Levy and Bill Moses joined together to bring KeVita Sparkling Probiotic Drink to market. The mission was clear—to provide thirsty health-seeking consumers a delicious vitalizing drink. Chakra, a nutritional consultant and long-time fermenter first created KeVita in her Ojai, California kitchen. She shared the drink with her friend Bill who loved the concept. With Bill’s winemaking and business expertise they further developed the drink and KeVita was born. Soon after, beverage industry expert Robert Adams joined the team and the hardworking trio hit the ground running.  Read More

 

 

 

Company: Kevita
Brand: Kevita
Slogan: Delicious Vitality
Origin: USA
Category: Juice
Packaging: 480ml
Claims: Probiotic, No Added Sugar, Gluten Free, Organic, Lactose Free, Low Calorie
Varieties: View Range Here
Price: Coming Soon
Where to Buy: Store Locator
Website: kevita.com

 

 

 

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kevitamain

Drink Spotlight: Hibiscus Berry Drink Cleanse

 
Radiant and fresh, KeVita Hibiscus Berry Cleanse™ is a refreshing blend of flowers, berries and probiotics. Gently beautify the body from the inside out with this dynamic combination of hibiscus, raspberry, rose hips, goji, and schizandra. Hibiscus Berry Daily Cleanse is certified organic, non-GMO, low calorie, vegan, and dairy, lactose, and gluten free. Stevia sweetened. Contains no added sugar.
 

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About the Company
KeVita’s sweet beginnings emerged quite naturally as Co-Founders Chakra Earthsong Levy and Bill Moses joined together to bring KeVita Sparkling Probiotic Drink to market. The mission was clear—to provide thirsty health-seeking consumers a delicious vitalizing drink. Chakra, a nutritional consultant and long-time fermenter first created KeVita in her Ojai, California kitchen. She shared the drink with her friend Bill who loved the concept. With Bill’s winemaking and business expertise they further developed the drink and KeVita was born. Soon after, beverage industry expert Robert Adams joined the team and the hardworking trio hit the ground running.  Read More

 

 

 

Company: Kevita
Brand: Kevita
Slogan: Delicious Vitality
Origin: USA
Category: Juice
Packaging: 480ml
Claims: Probiotic, No Added Sugar, Gluten Free, Organic, Lactose Free, Low Calorie
Varieties: View Range Here
Price: Coming Soon
Where to Buy: Store Locator
Website: kevita.com

 

 

 

 

 

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