Here's Why PepsiCo Might Be Looking To Acquire KeVita Inc

Reports suggest that PepsiCois nearing a deal to acquire KeVita Inc, a sparkling probiotic U.S. drinks company. PepsiCo already holds a minority stake in KeVita, which sells vinegar tonics, master brew kombucha tea and sparkling probiotics (which are considered to be digestive aids). As PepsiCo looks to diversify its portfolio of drinks to appeal to the health conscious customers, this acquisition can enhance the company’s health drinks offering. According to a report by Markets and Markets, t...