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

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.