SodaStream

"Sodastream" redirects here. For the Australian band, see Sodastream (band).
"Soda Club" redirects here. For the remix group, see Love to Infinity.

SodaStream International Ltd.
Native name
סודהסטרים‎
Company typeSubsidiary
Industry
Founded1903; 121 years ago (1903)
England, United Kingdom
FounderGuy Hugh Gilbey
Headquarters
Kfar Saba
,
Israel
Area served
Worldwide
Key people
Eyal Shohat (CEO)
ProductsHome carbonation systems
RevenueUS$543.37 million (2017)
US$81.40 million (2017)
US$74.40 million (2017)
Total assetsUS$452.73 million (2015)
Total equityUS$334.19 million (2015)
Number of employees
1,950 (2015)
ParentPepsiCo, Inc.
Websitesodastream.com
Footnotes / references
[1]

SodaStream International Ltd. (Hebrew: סודהסטרים) is an Israel-based manufacturing company best known as the maker of the consumer home carbonation product of the same name.[2][3] The company's soda machines, in the style of soda siphons, add carbon dioxide to water from a pressurized cylinder to create carbonated water for drinking. It also sells more than 100 types of concentrated syrups and flavourings that are used in the process of making carbonated drinks.[4][5][6] In 2018, SodaStream distributed its products to 80,000 individual retail stores across 45 countries.[7]

The company was founded in 1903 in England. After it merged with Soda-Club in 1998, it was relaunched with an emphasis on healthier drinks, and went public on the Nasdaq stock exchange in November 2010.[8] SodaStream is headquartered in Kfar Saba, Israel,[9] and has 13 production plants. In August 2018, the company was acquired by PepsiCo for US$3.2 billion.[10][11][12] Pepsico wanted to reduce its reliance on sugary drinks;[13] SodaStream has since launched a variety of PepsiCo flavours into their range.

Until 2015, the company's principal manufacturing facility was located in Mishor Adumim, an industrial park within the Israeli settlement of Ma'ale Adumim in the West Bank, which generated controversy and a boycott campaign.[14][15][16] In October 2015, while under growing pressure from activists of the Palestinian-led BDS movement, SodaStream closed its facility in Mishor Adumim and relocated it to the town of Lehavim in Israel.[17]

  1. ^ "SodaStream International Ltd". Archived from the original on 22 June 2015. Retrieved 21 June 2015.
  2. ^ Leslie Bunder (1 September 2006). "Get busy with Israeli fizzy". Something Israeli. Archived from the original on 7 June 2013.
  3. ^ "Getting busy with the fizzy". Australian Post. Archived from the original on 2 August 2009. Retrieved 21 June 2015.{{cite web}}: CS1 maint: unfit URL (link)
  4. ^ Cite error: The named reference wsj was invoked but never defined (see the help page).
  5. ^ "Sodastream". Waitrose Food Illustrated. Waitrose. 12 September 2006. Archived from the original on 12 September 2006. Retrieved 12 September 2006.
  6. ^ David Smith (18 June 2006). "Wham! Big hair and Eighties pop make internet comeback". The Observer. Archived from the original on 3 September 2006. Retrieved 12 September 2006.
  7. ^ "PepsiCo to buy SodaStream for $3.2 billion". CNBC. 20 August 2018. Archived from the original on 20 August 2018. Retrieved 20 August 2018.
  8. ^ "About SodaStream". SodaStream. Archived from the original on 12 December 2021. Retrieved 11 December 2021.
  9. ^ Roberts, Jennie Rivlin (6 March 2009). "Is The Next Hot Thing Your Own Cool Seltzer?". Archived from the original on 17 January 2014. Retrieved 21 June 2015.{{cite web}}: CS1 maint: unfit URL (link)
  10. ^ "SodaStream Sells Out, but the Price Is Too Low". Nasdaq. The Motley Fool. 20 August 2018. Archived from the original on 12 December 2021. Retrieved 11 December 2021.
  11. ^ "PepsiCo buys Sodastream for $3.2bn". BBC News. 20 August 2018. Archived from the original on 21 August 2018. Retrieved 20 August 2018.
  12. ^ PepsiCo to buy SodaStream for $3.2 billion Archived 20 August 2018 at the Wayback Machine Sara Eisen, Lauren Hirsch, CNBC
  13. ^ PepsiCo CEO commits to keep Sodastream in Israel 15 years Archived 21 August 2018 at the Wayback Machine 20 August 2018 17:57 Shiri Habib-Valdhorn
  14. ^ Cite error: The named reference facilities was invoked but never defined (see the help page).
  15. ^ Bourke, Dale Hanson (30 January 2014). "5 points about the SodaStream-Oxfam dust-up". The Washington Post. Archived from the original on 28 March 2014. Retrieved 21 June 2015.
  16. ^ Cite error: The named reference Reuters was invoked but never defined (see the help page).
  17. ^ SodaStream Misses Q3 Earnings, Cuts View; To Close Facility Archived 27 February 2017 at the Wayback Machine by Zacks Equity Research. Yahoo! Finance, 30 October 2014.