Tag: Acquisitions

Founded by bacteriologists over 25 years ago, the Florajen probiotic brand has undergone significant corporate changes. Knowing who owns Florajen today involves understanding its journey through several acquisitions and parent companies.

In February 2022, Nestlé Health Science agreed to acquire a majority stake in the popular nutrition company, which means the multinational food conglomerate is the parent company that owns Orgain protein powder. This strategic move marked a significant shift for the brand, originally founded by a physician and cancer survivor seeking healthier nutritional options.

In 2020, PepsiCo acquired Rockstar Energy for $3.85 billion in a significant move to strengthen its position in the energy drink sector. This bold move was an answer to competitors like Red Bull and Monster, making Rockstar officially Pepsi's version of Red Bull and Monster.

In a significant industry development in March 2025, PepsiCo announced its acquisition of the prebiotic soda brand Poppi for nearly $2 billion, which definitively answers the question, "Is Poppi part of Coca-Cola?" with a clear no. This strategic move solidified Poppi's position in the functional beverage market under PepsiCo's massive umbrella, not its rival's.