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Announced

Completed

PowerPlant Ventures completed the acquisition of ZICO Coconut Water from Coca-Cola.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

Majority

Domestic

Private Equity

beverage

Acquisition

Friendly

Completed

coconut water

Single Bidder

Soft Drinks

Private

Disposal

Synopsis

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PowerPlant Ventures, a private equity firm, completed the acquisition of ZICO Coconut Water, a beverage company. from Coca-Cola. Financial terms were not disclosed. "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. We are thrilled to acquire the company and thankful for the support from Coca-Cola," Mark Rampolla, PowerPlant Ventures Co-Founder and Partner.

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