27 Nov Coke acquires remaining stake in Zico
With sales of its traditional sodas under pressure, Coca-Cola has announced the acquisition of its outstanding ownership stake in Zico, the premium coconut water brand.
...With sales of its traditional sodas under pressure, Coca-Cola has announced the acquisition of its outstanding ownership stake in Zico, the premium coconut water brand.
...According to new research from Mintel, coconut water has been the surprise toast of the beverage industry in recent years. Indeed the number of product introductions more than quintupled (+540%) in the past five years (2008/2012) and products containing it have been taking off on...
Coca-Cola has taken a step closer to becoming Coco-Cola - last week, the world's largest beverage brand announced it had acquired a majority share of Zico, the number two brand in the estimated $350-million coconut water space.
...Soda sales are flat and the beverage industry is looking for its next big thing. Increasingly, it is turning to the coconut. Touted as a natural sports drink that helps tired bodies rehydrate, coconut water is hitting a growing number of US store shelves, whether...