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Announced

Completed

Coca-Cola completed the acquisition of the remaining 57.5% stake in fairlife from Select Milk Producers for $1bn.

Financials

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Transaction Value£753m
Consideration TypeCash
Capital Owned43%
Capital Bid For58%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Soft Drinks

Completed

health food company

Private

Majority

United States

Friendly

milk beverages

Acquisition

Single Bidder

Synopsis

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Coca-Cola completed the acquisition of the remaining 57.5% stake in fairlife, a Chicago-based health food company that produces milk beverages, from Select Milk Producers, a wholesale dairy producer, for $1bn. “We are excited for the next chapter of fairlife’s growth and innovation and look forward to continuing to work with our partners across the Coca-Cola system to meet fast-changing consumer needs in a vibrant category,” Tim Doelman fairlife CEO.

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