PepsiCo ( PEP) will acquire prebiotic soda brand Poppi for $1.65 billion, the snack and beverage giant said Monday. PepsiCo said the deal includes expected cash tax benefits of some $300 million, putting its total value just shy of $2 billion.

PepsiCo said Monday it would buy prebiotic soda brand Poppi for $1.95 billion, expanding in the “healthier soda” category at a time when the company is battling falling demand for its traditional beverages and snacks. Shares of PepsiCo were up 1.5% in morning trading.

PepsiCo announced Monday it will acquire the Shark Tank-inspired probiotic soda brand poppi in a nearly $2 billion business deal.