Sun, Jan. 31, 9:37 AM
- Coca-Cola (NYSE:KO) has taken a 40% stake in Nigerian juice and snack producer Chi, as it continues to expand in Africa to tap a young and fast-growing population.
- One industry source said Coca-Cola was paying a "triple-digit-million-dollar" amount for the stake.
- Coke "intends to increase ownership within three years, subject to regulatory approvals while working on other long-term commercial structures", the company said in a statement.
Dec. 7, 2015, 8:11 AM
- Keurig Green Mountain (NASDAQ:GMCR) announces it will be acquired by privately-owned JAB Holding Company for $92 per share in a deal valued at $13.9B. JAB Holding is an experienced collector of large consumer product brands.
- GMCR stakeholder Coca-Cola (NYSE:KO) says it backs the buyout and indicates it will work with JAB to stay on as a major Keurig single-serve partner.
- The deal is expected to close in the first quarter of 2016.
- GMCR closed at $51.70 on Friday. Shares are currently on a trading halt, but will soon skyrocket.
Aug. 19, 2015, 11:38 AM
- Large food companies need to focus on bold M&A and innovation actions over recharging iconic brands, concludes Rabobank in a new report on the sector.
- A shift in consumer preferences has sparked a need to introduce new brands which are on trend - instead of focusing on "innovation-lite" and product reformulation strategies. Buying promising brands at an earlier stage than normal is seen as a forward-thinking strategy.
- Related stocks: KHC, MDLZ, PEP, KO, OTCPK:NSRGY, OTCPK:NSRGF, WWAV, HAIN, K, GIS, POST, CPB, PF, THS.
Aug. 7, 2015, 2:31 AM
- Three Coca-Cola bottlers have agreed to a merger combining $12B in revenue across 13 European countries, as part of a global consolidation push by Coke (NYSE:KO) to cut costs amid slowing sales.
- Under the new tie-up, Coca-Cola Enterprises (NYSE:CCE) would relocate its headquarters to the U.K., merging with Spanish and German operations to form "Coca-Cola European Partners".
- The bottlers expect the move to generate annual cost savings of $350M-$375M within three years.
- Previously: Coca-Cola Enterprises to combine with two other European bottlers (Aug. 06 2015)
Apr. 17, 2015, 9:06 AM
- Coca-Cola (KO +0.5%) agrees to buy China Culiangwang Beverages Holdings for a deal price of $400.5M.
- The acquisition is the first time the company has nabbed a Chinese consumer products firm since 2010.
- China Culiangwang sells multi-grain drinks in the fast-growing plant-based protein drink category.
- Chinese regulators will review the transaction.
- KO -0.26% premarket.
Feb. 14, 2015, 10:13 AM
- Craft soda is starting to become a trend to watch closely, according to industry insiders.
- Though still accounting for only ~1% of the total U.S. soda market, major retail chains have increasingly been willing to bet on local craft brands in store aisles.
- The craft craze is old news for the beer industry where coming-of-age millennials buy craft/local beers at a 50% higher rate than brand-loyal older generations. Fading stars such as Budweiser and Bud Light are testament to the impact of the millennial paradigm.
- The craft influence in coffee hasn't been lost on Starbucks which has strategically deployed trucks on college campuses in an effort to win over students.
- Despite the progressive reputation of Starbucks, analysts think new upstarts such as Craft (subscription) and Cups (app) have a shot of gaining influence with the Indie-minded millennial crowd on "customization" and pricing.
- What to watch: An increase in M&A activity in the beverage sector is expected as major companies strategically pick off more local craft brands to incubate.
- Craft beer watch: BUD, OTCPK:SBMRY, TAP, OTCQX:HEINY, SAM, BREW, STZ, OTC:BIBLF, OTCPK:BRBMF.
- Craft coffee watch: GMCR, SBUX, JVA, SJM, KRFT, DNKN, QSR, MCD.
- Craft soda watch: PEP, KO, MNST, COT, DPS, OTCQB:JSDA, REED, SODA, FIZZ.
Dec. 22, 2014, 10:39 AM
- Wells Fargo turns the spotlight back on the potential unlocked by a combination of Coca-Cola (KO +1.1%) and WhiteWave Foods (WWAV +1.2%).
- The investment firm thinks a deal, full or partial acquisition, is more likely with Coca-Cola in a "partnership" frame of mind.
- WhiteWave brings new categories to the table, while Coca-Cola's enormous distribution network could take WWAV to the next level.
Aug. 16, 2014, 8:25 AM
- So why didn't Coca-Cola (NYSE:KO) just go all the way and acquire all of Monster Beverage (NASDAQ:MNST) instead of stopping at an asset swap and a 16.7% stake?
- More than anything, "it's about protecting the [Coke] brand and the image" from a company that urges consumers to "unleash the beast" with drinks such as Assault and Khaos, said a person close to Coke.
- Coke figures it deals with enough controversy from those who blame sugary sodas for obesity and diabetes; it wants to keep at arm's length from the more serious public relations battles facing the energy drinks industry, including an FDA probe over deaths possibly linked to Monster.
- On the financial side, the deal involves a reasonable $2.1B cash up front, while a full acquisition would have required at least $12B based on Thursday's closing stock price - roughly equivalent to the amount of cash Coke had on hand at the end of July.
- Despite the cautious approach, Coke could still own Monster some day; a standstill agreement limits KO to increasing its stake to 25% over four years, but MNST's board can waive it at any time.
Aug. 14, 2014, 4:51 PM
- Coca-Cola (NYSE:KO) is acquiring a 16.7% stake in Monster Beverage (NASDAQ:MNST) as part of a strategic alliance. Coke will make a $2.15B net cash payment to Monster at the time of the deal's closing, which is expected in late 2014 or early 2015.
- As part of the deal, Monster will transfer its non-energy businesses to Coke, and "enter into expanded distribution agreements." Monster will transfer its Hansens Natural Sodas, Peace Tea, Huberts Lemonade and Hansens Juice Products brands, among others.
- At the same time, Coke will "transfer ownership of its worldwide energy business, including NOS, Full Throttle, Burn, Mother, Play and Power Play, and Relentless," to Monster.
- Coke will have two directors on Monster's board. The partnership follows Coke's February deal with Keurig Green Mountain. Coke: "Our equity investment in Monster is a capital efficient way to bolster our participation in the fast-growing and attractive global energy drinks category."
- Monster: "Our agreement enables us to focus on our core energy business, while leveraging the strength of The Coca-Cola Companys powerful distribution and bottling system on a worldwide scale."
- MNST +25.6% AH.
Jun. 20, 2014, 7:42 AM
Sep. 1, 2013, 2:21 AM
- Coca-Cola Femsa (KOF), the biggest soft-drinks bottler in Latin America, has agreed to acquire Brazil's Spaipa Industria Brasileira de Bebidas in a deal valued at $1.855B.
- The purchase of Spaipa, which generated net revenues of $905M in FY 2013, will increase Coca-Cola Femsa's volume in Brazil by 40%.
- News of the transaction comes days after Coca Cola Femsa completed the acquisition of Brazilian Coke bottler Companhia Fluminense de Refrigerantes for $448M.
- Coca-Cola Femsa is a joint venture between Coca-Cola (KO) and Mexican retail and bottling company Femsa. (PR)
Sep. 13, 2012, 5:31 AM
Thai billionaire Charoen Sirivadhanabhakdi offers S$9B ($7.3B) to acquire the 70% of Singapore's Fraser & Neave he doesn't control in what may be an attempt to prevent Heineken (HINKY.PK) from acquiring F&N's 40% stake in Asia Pacific Breweries for $4.4B. Coca-Cola's (KO) may well be watching with interest, as it's reportedly interested in F&N's beverages operations.| Sep. 13, 2012, 5:31 AM
Aug. 3, 2012, 7:03 AM
Aug. 2, 2012, 10:43 AMCoca-Cola's (KO -0.9%) potential bid to acquire the beverage business of Fraser & Neave is more than a vulture picking at scraps, with the company set to become a dominant player in Malaysia and Singapore if a deal comes off. An acquisition would also bolster Coca-Cola's dairy portfolio, as it tries to keep up with PepsiCo. | Aug. 2, 2012, 10:43 AM
Aug. 2, 2012, 3:57 AMCoca-Cola (KO) is reportedly considering a bid for the beverage ops of Singapore’s Fraser & Neave, which include F&N’s dairy and soft-drinks divisions and could be worth up to $3B. The speculation comes as a battle between Heineken and Thai billionaire Charoen Sirivadhanabhakdi for Asia Pacific Breweries, in which F&N owns 40%, nears a climax, with F&N set to decide on a $4.1B bid from Heineken for its holding. | Aug. 2, 2012, 3:57 AM | 3 Comments
May 1, 2012, 10:00 AM
Monster Beverage (MNST +2.1%) trades higher as all the dust settles from its roller coaster ride to above $83 on a report Coca-Cola was talking about buying the company. Though Coca-Cola (KO +0.1%) denies being in discussions, sources say the company is wordsmithing a bit after it backed off a proposed deal after shares of MNST ran up 28% lickety-split.| May 1, 2012, 10:00 AM