PepsiCo Adds $1.95B Poppi Acquisition and Funds 900-Farmer Future Harvest
PEP•PepsiCo Foundation will invest in Future Harvest program to support 900 next-generation farmers across France, Spain, the Netherlands, Poland, and Türkiye in 2026, bolstering its ESG profile. PepsiCo closed its $1.95 billion acquisition of Poppi, which generated over $500 million in 2024 revenue and is expected to enhance its functional beverage portfolio.
1. Future Harvest Program Launch
PepsiCo Foundation has launched Future Harvest, a European initiative set to support around 900 young and next-generation farmers across France, Spain, the Netherlands, Poland, and Türkiye during 2026. The program combines online learning, farm-based clinics, peer exchange, and mentorship to enhance regenerative and climate-resilient farming practices, digital agritech adoption, and business resilience.
2. Poppi Acquisition Strengthens Functional Beverages
PepsiCo recently closed a $1.95 billion acquisition of prebiotic soda brand Poppi, adding a product line that delivered over $500 million in annual revenue in 2024. The deal is designed to accelerate expansion into the functional beverage sector, diversify the portfolio, and capture growing consumer demand for health-focused drinks.
