Announced
Completed
Financials
Tags
United States
Majority
Domestic
Private Equity
beverage
Acquisition
Friendly
Completed
coconut water
Single Bidder
Soft Drinks
Private
Disposal
Synopsis
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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