PepsiCo to Buy SodaStream for $3.2 billion Beverage and snack giant PepsiCo announced plans to acquire at-home carbonated drink maker SodaStream for $3.2 billion. PepsiCo will pay $144.00 per share in cash for SodaStream's outstanding stock. The deal gives Pepsi a new line through which it can reach customers in their homes, rather than through stores. It comes as U.S. grocers are in a state of transformation, with 70 percent of shoppers expected to buy groceries online by 2025, according to Food Marketing Institute and Nielsen. Tel Aviv-based SodaStream makes a machine and refillable cylinders through which users can make their own soda or carbonated water drinks. Prior to the deal's announcement, SodaStream shares had gained nearly 85 percent this year. PepsiCo's acquisition of SodaStream is expected to close by January, subject to a SodaStream shareholder vote and regulatory approvals.