Warburg Pincus-backed Full Sail IP completed the acquisition of Odwalla from Coca-Cola.

Full Sail IP, a company, that acquires brands and creates new opportunities for growth and expanded relevance through a transformational brand licensing business model, completed the acquisition of Odwalla, an American food product company selling fruit juices, smoothies and food bars, from Coca-Cola, an American multinational beverage corporation. Financial terms were not disclosed. "We're thrilled that Odwalla, with its long history of innovation, high levels of brand awareness and reputation for great products, will be our first acquisition. We look forward to providing consumers with the best tasting, artfully crafted functional beverages and foods to allow them to snack well, feel well and live well," Alan Kravetz, Full Sail IP CEO.