Management

Coca-Cola to acquire BodyArmor

Feb. 23, 2021

Coca-Cola Co. has begun the process of acquiring a controlling stake in sports drink brand BodyArmor, according to a report in Beverage Digest.

A Coca-Cola spokesperson confirmed with Beverage Digest that the beverage giant has notified U.S. antitrust regulators of its purchase plans.

Coca-Cola, which also owns Powerade, acquired a controlling stake in BodyArmor in 2018.

Dollar sales for BodyArmor are up 43.4% year-over-year through Feb. 6, 2021, taking the company over the $1 billion mark, according to data from Nielsen.

Products

Coca-Cola will trial prototypes of its first paper bottles this summer

Feb. 15, 2021

Coca-Cola Co. said its first-ever paper bottle is transitioning from the lab to the marketplace this summer through a limited online trial in Hungary.A run of 2,000 bottles of...