Soft drink and snack food giant PepsiCo, Inc. has finalized its purchase of SodaStream International, Inc. in a deal with a value of around $3.2 billion. People in California who drink soda might already have SodaStream machines in their homes as the company touts its environmental friendliness and lack of plastic bottles. PepsiCo paid a 32 percent premium over the 30-day volume weighted average value to buy all of the outstanding SodaStream shares at a price of $144 each.

SodaStream makes at-home carbonated drink machines. According to the CEO of PepsiCo, the acquisition provides that company with an immediate, strong presence in the at-home soda market. He said he was excited for SodaStream to join PepsiCo and lauded the personal drink customization offered by SodaStream technology. He also said he was confident the purchase would accelerate the pace of eliminating plastic waste.

According to the CEO of SodaStream, his company is thrilled to join the operation at PepsiCo. He expects the move under PepsiCo to help SodaStream deliver on its mission to bring convenient, environmentally-friendly and healthy drink options to consumers all over the world. The CEO said he was excited about taking advantage of PepsiCo’s resources, including research and development and access to new distribution channels and markets.

Large business acquisitions have many similarities to small business purchases. Mergers and acquisitions can and should be beneficial to all parties involved. In a case where a California business owner or entrepreneur wants to purchase or merge with another business, a lawyer might be able to help. Legal counsel could examine the details of the deal or conduct due diligence to make sure the businesses involved are accurately represented. A lawyer might draft the deal paperwork, including a purchase and sale agreement, or establish a new business entity through which the resulting company can operate.