Full Sail IP Partners has announced the acquisition of juice and smoothie brand Odwalla from The Coca-Cola Company for an undisclosed sum. Founded in 1980 for three jazz musicians, Odwalla is a producer of plant-based fruit juices, smoothies, and energy bars. According to sources, Full Sail IP Partners plans to expand the Odwalla brand beyond the beverage category into the food and supplements, making products with health benefits. Full Sail …
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The Coca Cola Company
Global soft drinks company Coca-Cola Company has sold the Zico coconut water brand back to its original owner, through the equity firm PowerPlant Ventures, after eight years. Mark Rampolla, creator of the Zico brand and co-founder of PowerPlant Ventures, said: “I respect the decision of Coca-Cola to focus on other elements of their beverage business. I still have a lot of love for ZICO, and I know consumers do too. …
The French division of soft drinks powerhouse Coca-Cola has announced the acquisition of still drinks producer Tropico, along with its namesake brand. Tropico soft drinks are sold in most retail chains in France and Belgium, generating revenue of around $34 million last year. According to a company statement, Tropico is Coca-Cola’s first in Frnce and is said to be part of a diversification strategy that will enable the company to grow in …
The Australian arm of soft drinks giant Coca-Cola has announced the acquisition of kombucha maker Organic & Raw Trading , owner of the Mojo organic live culture kombucha drinks brand. The acquisition of Mojo sees Coca-Cola enter the kombucha category for the first time. Commenting on the acquisition, Coca-Cola Australia president Vamsi Mohan said: “This is another important step in our company’s ongoing work to offer beverages for all occasions, which …
Multinational carbonated drink firm Coca-Cola has announced the acquisition of Moxie, a New England soft drink brand, for an undisclosed sum. According to sources, the Coca-Cola is acquiring the Moxie brand from Coca-Cola of Northern New England, which is an independent bottling partner of the main company based in Bedford, New Hampshire. Moxie was patented in 1885 and is said to be the first bottled carbonated beverage made in the United States. “Moxie is …
Multinational beverage firm Coca-Cola has announced that its 44th facility in China has begun operations in Changsha, central China. According to COFCO Coca-Cola Huazhong Beverages, the plant is the largest in Central China and is prepared to have nine production lines: four for water, four for sparkling beverages, and one for juice and juice drinks. Only four of these lines are currently operational but all of them are planned to …
Coca Cola, the American multinational beverage company, has announced the launch of two new flavours of soft drink under the Sprite brand: Cherry and Cherry Zero. The new cherry versions of the lemon-lime soft drink are described as caffeine free and made with 100% natural flavours. The Cherry Zero variety is also described as free from calories and sugar. Both varieties will be available across the United States in 20oz bottles. Commenting …
Unilever has announced the sale of its AdeS soy beverage business in Latin America to Coca-Cola FEMSA and The Coca Cola Company for $575 million. Commenting on the deal, Unilever EVP Miguel Kozuszok said: “This sale is a step in reshaping our portfolio in Latin America to deliver sustainable growth for Unilever and enables us to sharpen our focus. AdeS is an iconic brand and we believe that its potential can be …
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