soda wars

Nobody Wants to Buy SodaStream

Is it me you're looking for?

Is it me you're looking for?Photo: SodaStream

The Israel-based company, which will generate $550 million in revenue this year, is looking for a buyer. Though it was rumored that PepsiCo was interested, CEO Indra Nooyi denied making a $2 billion offer — and Coca-Cola reportedly doesn't want to acquire the company, either. While SodaStream projects that it'll bring in $1 billion in revenue by 2016, and it's expanding by selling canisters in grocery stores, not everyone's convinced that carbonation systems are going to be ubiquitous in households. Your move, Dr. Pepper Snapple Group. [Earlier, NYP]

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