SodaStream

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SodaStream International Ltd. is a global manufacturing company and PepsiCo subsidiary headquartered in Kfar Saba, Israel. It is best known as the maker of the consumer home carbonation product of the same name. 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. In 2018, SodaStream distributed its products to 80,000 individual retail stores across 45 countries. The company was originally founded in 1903 in England as an independent associate of London-based gin distillers W & A Gilbey Ltd. The company would later create their first mass market machine for home carbonation in 1955, which would grow to have widespread popularity throughout the UK. After it was purchased in 1998 by Soda-Club, SodaStream's Israeli distributor, it was relaunched with an emphasis on healthier drinks and an expanded global presence. Finding success in the US market, it later went public on the Nasdaq stock exchange in November 2010. In August 2018, the company was acquired by PepsiCo for US$3.2 billion. PepsiCo wanted to reduce its reliance on sugary drinks; 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 Occupied West Bank, which generated controversy and a boycott campaign.