SHARE

PepsiCo announces multimillion-dollar investment in Celsius

PepsiCo is set to invest $550m into energy drinks business Celsius Holdings to become the long-term US distributor of the brand’s products via retail and foodservice channels. As part of the deal, PepsiCo will acquire an 8.5% ownership in Celsius.

Certification Note

Certified B Corporation” is a trademark licensed by B Lab, a private non-profit organization, to companies like ours that have successfully completed the B Impact Assessment (“BIA”) and therefore meet the requirements set by B Lab for social and environmental performance, accountability, and transparency. It is specified that B Lab is not a conformity assessment body as defined by Regulation (EU) No 765/2008, nor is it a national, European, or international standardization body as per Regulation (EU) No 1025/2012. The criteria of the BIA are distinct and independent from the harmonized standards resulting from ISO norms or other standardization bodies, and they are not ratified by national or European public institutions.