PepsiCo has entered into a definitive agreement to acquire KeVita, a 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.
KeVita produces fermented probiotic and kombucha beverages with three product lines and live probiotics in every bottle.
With more than 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.
Upon closing, which is subject to regulatory approval, KeVita will continue to operate independently with its production and bottling facilities located in Oxnard, California.