PepsiCo boosts stake in energy drink maker Celsius in $585 million deal-March 2024-www.financetom.com

PepsiCo boosts stake in energy drink maker Celsius in $585 million deal

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PepsiCo boosts stake in energy drink maker Celsius in $585 million deal

Aug 29, 2025 4:33 AM

Aug 29 (Reuters) - PepsiCo ( PEP ) has increased its

stake in energy drink maker Celsius Holdings ( CELH ) through a

$585 million deal, the companies said on Friday.

PepsiCo ( PEP ) had paid $550 million in 2022 for an 8.5% stake in

Celsius.

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