Monster Beverage Corp. (MNST) (minority interest)
Type of Business: Energy Drinks
Acquisition Price: Coca-Cola acquires 16.7% stake by making net cash payment of $2.15 billion, among other steps15
Acquisition: June 12, 201515
Monster Beverage Corp. traces its origins to a juice company started by Hubert Hansen and his sons in the 1930s. The company started out as Hansen’s Juices Inc., selling fresh non-pasteurized juices in Los Angeles. Fast-forward to 2012 when what had become Hansen Natural Corp. was renamed the Monster Beverage Corp. 16
In 2015, Monster signed a long-term strategic partnership deal with Coca-Cola, which gave Coca-Cola a 16.7% minority stake in the company. As part of the deal, Coca-Cola transferred ownership of its worldwide energy drinks business to Monster and Monster transferred its non-energy drinks business to Coca-Cola.15
Monster is the maker of a line of popular energy drinks, with the most well-known being Monster Energy. While the partnership has helped Coca-Cola establish its presence in the global energy drink market, the company is now branching out to offer an energy drink of its own, Coke Energy. It marks the first non-soda beverage ever produced under the Coca-Cola brand label.
Edit: Ownership now up to 19.36% as of the last update I can see.
Radicalism in America 2021:
I'm gonna support my family , go to church, drink beer on the weekends, golf when I can and help my neighbors in need. <--- Arrest this terrorist
They’ll have to take me out on the links!
The war is on you
I'm gonna go exercise and then go to work!
You pay taxes to support others? ...showing off more privilege eh?
I drink that Monster flavor with Emgent-C packets for all my vitamins for the day haha
That's blindingly white
Monster Beverage Corp. (MNST) (minority interest) Type of Business: Energy Drinks Acquisition Price: Coca-Cola acquires 16.7% stake by making net cash payment of $2.15 billion, among other steps15 Acquisition: June 12, 201515 Monster Beverage Corp. traces its origins to a juice company started by Hubert Hansen and his sons in the 1930s. The company started out as Hansen’s Juices Inc., selling fresh non-pasteurized juices in Los Angeles. Fast-forward to 2012 when what had become Hansen Natural Corp. was renamed the Monster Beverage Corp. 16
In 2015, Monster signed a long-term strategic partnership deal with Coca-Cola, which gave Coca-Cola a 16.7% minority stake in the company. As part of the deal, Coca-Cola transferred ownership of its worldwide energy drinks business to Monster and Monster transferred its non-energy drinks business to Coca-Cola.15
Monster is the maker of a line of popular energy drinks, with the most well-known being Monster Energy. While the partnership has helped Coca-Cola establish its presence in the global energy drink market, the company is now branching out to offer an energy drink of its own, Coke Energy. It marks the first non-soda beverage ever produced under the Coca-Cola brand label.
Edit: Ownership now up to 19.36% as of the last update I can see.
Buy Kill-Cliff instead.
Thanks!
Soooo... can we now tell black people... "It's OK to act White"?
No, you don't wanna get peacefully protested do you?
Dammit Kyle, go back to your room!