The aim of the acquisition is to drive growth and expansion of Core Power and to create an innovative portfolio of brands and products that feature the value-added nutrition of dairy, the company said.
Steve Cahillane, president and CEO, Coca-Cola Refreshments, said: “At The Coca-Cola Company we strive to provide people with a wide range of beverage choices that meet every occasion and lifestyle need.
“This new investment led by our Venturing & Emerging Brands group is another great example of our ambition to be the best brand, sales and customer service system in North America.”
Source: The Coca-Cola Company
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