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  4. SodaStream
SodaStream logo
Household & Consumer Goods

Who Owns SodaStream?

SodaStream is owned by PepsiCo, Inc. (NASDAQ: PEP), which acquired the brand in December 2018 for $3.2 billion. SodaStream was founded in 1903 by Guy Gilbey in London, England, and is headquartered in Airport City, Israel. PepsiCo operates SodaStream as a wholly-owned subsidiary within its global beverage portfolio. SodaStream was delisted from NASDAQ following the acquisition.

Parent Company

PepsiCo, Inc.

Acquired

2018

Status

Private

Headquarters

Airport City, Israel

SodaStream Timeline

1903

SodaStream

Founded by Guy Gilbey

Founded
2018
Acquired by PepsiCo, Inc.

PepsiCo, Inc. acquired SodaStream

Acquired
mid rangemass marketGlobalOfficial Website

Who Owns SodaStream?

  • Parent Company: PepsiCo, Inc.
  • Ownership Type: Wholly owned
  • Acquisition Year: 2018
  • Company Type: Publicly Traded
  • Stock Ticker: NASDAQ: PEP
BrandParent CompanyOwnership Type
SodaStreamPepsiCo, Inc.Wholly owned

Where to Buy

Disclosure: We may earn commission from purchases
AmazonSodaStream on Amazon

History of SodaStream

  • Founded: 1903
  • Founders: Guy Gilbey
  • Acquired by PepsiCo, Inc.: 2018

Guy Gilbey founded SodaStream in 1903 in London, England. Gilbey was a member of the Gilbey family, which owned W. & A. Gilbey, a British wine and spirits merchant. The original SodaStream device was a carbonation system that allowed consumers to make carbonated water at home, primarily for mixing with spirits. The product was marketed as a luxury item for affluent households.

The company grew steadily through the early and mid-20th century, expanding its product line and geographic reach. In the 1950s and 1960s, SodaStream became a popular household appliance in the United Kingdom, marketed to families as a way to make homemade soft drinks. The company introduced flavored syrups, allowing users to create carbonated soft drinks at home. The slogan "Get Busy with the Fizzy" became well known in the UK during this period.

In 1985, SodaStream was acquired by Cadbury Schweppes, which integrated the brand into its beverage portfolio. Cadbury Schweppes sold SodaStream to an Israeli investment group in the 1990s, and the company's operations were relocated to Israel. This move marked a significant shift in SodaStream's corporate identity and geographic focus.

SodaStream relaunched in the 2000s with a new focus on environmental sustainability. The company repositioned its product as an eco-friendly alternative to bottled sparkling water, emphasizing the reduction of single-use plastic waste. This repositioning resonated with environmentally conscious consumers and drove significant growth in the 2010s. The company expanded into new markets including the United States, Germany, and Australia.

SodaStream went public on NASDAQ in November 2010, raising approximately $45 million at $20 per share. The stock performed strongly, reaching approximately $80 per share by 2013. However, the company faced headwinds in 2014 and 2015, including the BDS boycott campaign related to its West Bank factory operations (discussed in the Recalls and Controversies section) and increased competition from bottled sparkling water brands like LaCroix and Perrier.

The company relocated its main factory from the West Bank to the Idan Industrial Zone in the Negev desert in 2015. Under CEO Daniel Birnbaum, who joined in 2007, SodaStream refocused on its core sparkling water business and improved its product line. Revenue grew from approximately $542 million in 2017 to approximately $643 million in 2019, the first full year under PepsiCo ownership.

PepsiCo acquired SodaStream in December 2018 for $3.2 billion. The acquisition was part of PepsiCo's strategy to reduce its reliance on traditional bottled beverages and move toward sustainable packaging solutions. PepsiCo CEO Ramon Laguarta, who became CEO in 2019, has emphasized sustainability as a strategic priority for the company.

Under PepsiCo ownership, SodaStream has continued to grow. The brand expanded its product line with new models including the SodaStream Art (2021), Terra (2022), and E-Terra (2024). The company has also expanded its flavor syrup offerings, including partnerships with PepsiCo brands like Pepsi and Mountain Dew, allowing users to make branded soft drinks at home.

As of 2026, SodaStream is sold in approximately 45 countries and has an estimated 30 million active users worldwide. The brand's revenue is estimated at approximately $1 billion annually, though PepsiCo does not disclose segment-level figures for SodaStream.

About PepsiCo, Inc.

What does PepsiCo own?
PepsiCo owns a portfolio of more than 23 billion-dollar brands across beverages, snack foods, and cereals. Key brands include Pepsi, Mountain Dew, Gatorade, Tropicana, Aquafina, SodaStream, Lay's, Doritos, Cheetos, Fritos, Tostitos, Ruffles, Quaker Oats, Cap'n Crunch, and Poppi. The company also owns international snack brands including Walkers (UK), Sabritas and Gamesa (Mexico), and Smith's (Australia).

Is PepsiCo publicly traded?
Yes, PepsiCo is publicly traded on NASDAQ under ticker PEP. The company has been listed since 1965 and is one of the largest companies in the S&P 500. Major institutional shareholders include Vanguard Group, BlackRock, and State Street. PepsiCo is a Dividend Aristocrat, having increased its annual dividend for 54 consecutive years.

Who founded PepsiCo?
PepsiCo was formed in 1965 through the merger of Pepsi-Cola Company, founded by Caleb Bradham in 1898, and Frito-Lay, Inc., formed by Herman Lay in 1932. Bradham was a pharmacist in New Bern, North Carolina, who created Pepsi-Cola. Lay was a potato chip distributor in Nashville, Tennessee, who built a national snack food company.

Where is PepsiCo headquartered?
PepsiCo is headquartered in Purchase, New York, USA. The company's corporate campus in Westchester County, north of New York City, houses its executive offices and many of its North American business units. PepsiCo operates manufacturing facilities and offices across more than 200 countries and territories worldwide.

How many brands does PepsiCo own?
PepsiCo owns more than 23 brands that each generate over $1 billion in annual retail sales. The total brand count is significantly higher when including regional and smaller brands. The portfolio spans beverages (Pepsi, Mountain Dew, Gatorade, Tropicana), snack foods (Lay's, Doritos, Cheetos, Fritos), and cereals (Quaker, Cap'n Crunch, Life).

Who owns PepsiCo?
PepsiCo is a publicly traded company with a dispersed shareholder base. No single shareholder holds a controlling stake. The largest institutional shareholders are Vanguard Group, BlackRock, and State Street. Ramon Laguarta serves as Chairman and CEO, having succeeded Indra Nooyi in 2018.

What is PepsiCo's financial performance?
For FY2025 (ended December 27, 2025), PepsiCo reported net revenue of $93.9 billion, up 2% from $91.9 billion in FY2024. Net income was $8.3 billion, and core EPS was $8.14. Free cash flow was $8.2 billion. The company announced its 54th consecutive annual dividend increase. For FY2026, PepsiCo projects organic revenue growth of 2% to 4% and core constant currency EPS growth of 4% to 6%.

  • Founded: 1965
  • Headquarters: Purchase, New York, USA
  • Company Type: Publicly Traded
  • Stock: NASDAQ: PEP
  • Revenue: $93.9 billion (FY2025)
  • Employees: approximately 318,000

Visit PepsiCo, Inc. website

View full company profile for PepsiCo, Inc.

Where Is SodaStream Made / Based?

  • Headquarters: Airport City, Israel
  • Manufacturing / Operations: Israel, China, Germany

SodaStream Categories & Tags

Home CarbonationSparkling WaterSustainable LivingPepsicoKitchen Appliances

SodaStream Sustainability & Ethics

SodaStream does not hold independent sustainability certifications that qualify for the allowed sustainability flags. The brand does not appear on the B Lab B Corp directory or hold independently verified certifications for carbon neutrality, recycled materials, or other allowed flags. No independently verified sustainability flags are listed.

SodaStream's core environmental value proposition is reducing single-use plastic bottle waste. The company estimates that SodaStream users prevented approximately 5 billion single-use plastic bottles from entering the environment in 2024. This figure is based on company calculations and has not been independently verified by third-party auditors. The methodology assumes that each SodaStream user would otherwise purchase a certain number of bottled sparkling water or soft drinks per year.

As part of PepsiCo's sustainability framework, SodaStream contributes to PepsiCo's goal of transitioning to 100 percent renewable energy by 2030 and achieving net-zero emissions by 2040. SodaStream's manufacturing facility in Israel has installed solar panels, with a goal of sourcing approximately 10 percent of the facility's energy from solar power. The company has also announced plans to switch its flavor bottles from plastic to metal, targeting a reduction of approximately 200 million plastic bottles.

SodaStream's products are designed for durability and reuse. The reusable carbonation bottles are rated for approximately three years of use, and CO2 cylinders are refillable through an exchange program. This product design reduces waste compared to single-use bottled beverages, though the production and distribution of CO2 cylinders and machines has its own environmental footprint.

The most significant ethical controversy surrounding SodaStream relates to its manufacturing operations in Israel. The company operated a factory in the West Bank settlement of Ma'ale Adumim from the 1990s until 2014. The factory employed Palestinian workers under Israeli military occupation, and the Boycott, Divestment and Sanctions (BDS) Movement targeted SodaStream for operating in an illegal settlement. The company closed the West Bank factory in 2014 and relocated to the Idan Industrial Zone in the Negev desert.

The relocation did not end the controversy. The new factory is located near Rahat, a Bedouin township in the Negev desert. BDS activists argue that the relocation involved the displacement of Palestinian Bedouin communities and that the factory benefits from discriminatory land policies. BDS co-founder Omar Barghouti stated that the boycott would continue because the company "is directly colluding in the ethnic cleansing of Bedouin Palestinian citizens of Israel in the Naqab."

SodaStream has responded to the boycott by emphasizing that its factory in the Negev employs both Jewish and Arab Israeli citizens, including Bedouin workers from nearby communities. The company states that it provides equal pay and benefits to all employees regardless of ethnicity. However, BDS activists maintain that the company's presence in the Negev contributes to the broader displacement of Bedouin communities.

Awards & Recognition

SodaStream has received design awards from independent organizations. These are product design awards, not consumer quality or safety awards.

The SodaStream E-Terra won Gold at the Sydney Design Awards in 2024. The SodaStream Art won Gold at the Sydney Design Awards in 2023. These are design industry awards judged by design professionals, recognizing aesthetic and functional design excellence.

The SodaStream Play system, designed by Yves Behar of fuseproject, received recognition at the International Design Awards. This is a design industry award for product design innovation.

SodaStream Professional received the Design Value Award from the Design Management Institute (DMI). This award recognizes excellence in design thinking and innovation management.

The SodaStream ENSO carbonator and Fizz and Go metal bottle received the Kitchen Innovation Award. This is a trade industry award for kitchen appliance innovation.

No independently verified awards for SodaStream's product quality, safety, or sustainability have been documented from recognized consumer advocacy organizations as of August 2026. The brand's sustainability claims are based on company calculations rather than independent verification.

SodaStream Recalls & Controversies

The most significant controversy in SodaStream's history involves its manufacturing operations in Israel and the occupied Palestinian territories. From the 1990s until 2014, SodaStream operated a factory in Ma'ale Adumim, an Israeli settlement in the occupied West Bank. The factory employed Palestinian workers under Israeli military occupation. The Boycott, Divestment and Sanctions (BDS) Movement launched a campaign targeting SodaStream in 2011, calling for consumer boycotts of the company's products.

The BDS campaign had significant financial impact. Between October 2013 and 2014, SodaStream's stock price dropped from approximately $64 per share to approximately $24. Retailers in Europe and North America faced pressure from activists to drop SodaStream products. In its 2014 annual report, CEO Daniel Birnbaum acknowledged the impact, stating that "a number of political groups have called for consumer boycotts of products originating in this disputed territory, including our products."

SodaStream closed its West Bank factory in 2014 and relocated to the Idan Industrial Zone in the Negev desert in 2015. Approximately 500 Palestinian workers lost their jobs as a result of the relocation, though SodaStream stated that it offered to employ some workers at the new location, subject to Israeli permit requirements. The BDS campaign continued after the relocation, arguing that the new factory site was built on land from which Palestinian Bedouin communities had been displaced.

In December 2024, the Unified Patent Court's Local Division in Dusseldorf ruled that Aarke AB, a Swedish competitor, infringed on SodaStream's European Patent EP 1 793 917 B1, which protects carbonation machine technology. The ruling required Aarke to cease selling the infringing products in participating European Patent Convention countries.

In October 2025, SodaStream won a European court ruling against Coca-Cola, Danone, Nestle, and Spadel. The court ruled that SodaStream could continue its ecological marketing campaigns comparing home carbonation to bottled beverages, rejecting the beverage companies' attempt to block the campaigns. The ruling was significant because it allowed SodaStream to continue marketing the environmental benefits of its products against established bottled beverage brands.

SodaStream has faced scrutiny over its environmental claims. Critics have questioned the methodology for calculating avoided plastic bottles, noting that the calculations assume that every SodaStream user would otherwise purchase bottled sparkling water at a specific rate. The net environmental impact of SodaStream, when considering CO2 cylinder production and distribution, may be less favorable than the company's marketing suggests. However, independent lifecycle assessments have generally found that home carbonation has a lower environmental footprint than bottled sparkling water, particularly when cylinders are refilled rather than replaced.

SodaStream has maintained a relatively clean product safety record. No major product safety recalls have been reported in recent years. The company's products undergo testing to comply with international safety standards for pressurized containers and food contact materials.

Brands Owned by PepsiCo, Inc.

7 UpFood Beverage

7 Up

Owned by PepsiCo, Inc.

American lemon-lime flavored carbonated soft drink brand known for its crisp, clean taste and caffeine-free formula.

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AquafinaFood Beverage

Aquafina

Owned by PepsiCo, Inc.

American brand of purified bottled water produced by PepsiCo, featuring both still and flavored water products distributed in more than 30 countries.

bottled-waterpurified-waterbeverage
Cap'n CrunchFood Beverage

Cap'n Crunch

Owned by PepsiCo, Inc.

Sweetened corn and oat breakfast cereal created by Quaker Oats in 1963, owned by PepsiCo through its Quaker Foods division.

breakfast-cerealsweetened-cerealchildrens-food
DoritosFood Beverage

Doritos

Owned by PepsiCo, Inc.

American brand of flavored tortilla chips produced by Frito-Lay, a subsidiary of PepsiCo. Over $2 billion in annual retail sales.

tortilla-chipssnackscorn-chips
Frito-LayFood Beverage

Frito-Lay

Owned by PepsiCo, Inc.

American snack foods division of PepsiCo, producing Lay's, Doritos, Cheetos, Tostitos, Fritos, and other snack brands.

snackscorn-chipspotato-chips
FritosFood Beverage

Fritos

Owned by PepsiCo, Inc.

American corn chip brand created in 1932 by Charles Elmer Doolin, produced by Frito-Lay (PepsiCo Foods North America).

corn-chipssnacksamerican-classic
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SodaStream Ownership: Pros & Cons

Advantages

  • +Global market leader in home carbonation with approximately 70 to 75 percent market share
  • +Access to PepsiCo's global distribution network and marketing resources
  • +PepsiCo brand partnerships (Pepsi, Mountain Dew syrups) expand product appeal
  • +Growing market, with home carbonation projected to grow approximately 12 percent annually through 2030
  • +Strong environmental value proposition aligned with consumer trends toward sustainability

Considerations

  • -BDS boycott campaign related to Negev factory operations creates ongoing reputational risk
  • -Environmental claims based on company calculations, not independently verified
  • -Competition from premium brands like Aarke and indirect competition from bottled sparkling water
  • -Dependence on PepsiCo's strategic priorities and resource allocation
  • -CO2 cylinder exchange program creates logistical complexity and customer friction

Frequently Asked Questions About SodaStream

Sources & Further Reading

  • SodaStream Official Website
  • PepsiCo Investor Relations (NASDAQ: PEP)
  • PepsiCo 2024 Annual Report
  • SodaStream Environmental Impact Page
  • CJPME: Boycott Campaign SodaStream
  • BDS Movement: SodaStream Campaign
  • Sydney Design Awards: SodaStream E-Terra (2024)
  • Design Management Institute: Design Value Award
  • PR Newswire: European Court Ruling (2025)
  • ESG Today: SodaStream Sustainability Goals

Competitors to SodaStream

No direct competitors found in the same category. This could be because SodaStreamoperates in a unique market segment or we're still building our competitor database.

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Tupperware is owned by Party Products LLC, a private company, a different structure than SodaStream's parent.

WindexHousehold Consumer Goods

Windex

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glass-cleanercleaninghousehold
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Windex is owned by S.C. Johnson & Son, Inc., a private company, a different structure than SodaStream's parent.

ZiplocHousehold Consumer Goods

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Ziploc is owned by S.C. Johnson & Son, Inc., a private company, a different structure than SodaStream's parent.

PepsiCo, Inc. Stock Information

Jobs at PepsiCo, Inc.

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Last reviewed: August 18, 2026 · Reviewed by Who Brands Editorial Team