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Security Profile
- Security Type
- Common Stock
- CUSIP
- 191216100
- Market Cap
- Large Cap
Business: The Coca-Cola Company owns or licenses and markets more than 500 nonalcoholic beverage brands, primarily sparkling beverages but also a range of still beverages, such as waters, enhanced waters, juices and juice drinks, ready-to-drink teas and coffees, and energy and sports drinks. It owns and markets a range of nonalcoholic sparkling beverage brands, such as Coca-Cola, Diet Coke, Fanta and Sprite. The Company makes its beverage products available to consumers throughout the world through its network of Company-owned or controlled bottling and distribution operations, as well as independent bottling partners, distributors, wholesalers and retailers.
Notes: June 12, 2015 - The Coca-Cola Company (NYSE: KO) and Monster Beverage Corporation (NASDAQ: MNST) announced today the closing of the previously announced strategic partnership related to an equity investment, business transfers and expanded distribution in the global energy drink category. As a result of the transaction, The Coca-Cola Company now owns an approximate 16.7% stake in Monster. The Coca-Cola Company transferred ownership of its worldwide energy business, including NOS, Full Throttle, Burn, Mother, BU, Gladiator, Samurai, Nalu, BPM, Play and Power Play, Ultra and Relentless, to Monster, and Monster transferred its nonenergy business, including Hansen's Natural Sodas, Peace Tea, Hubert's Lemonade and Hansen's Juice Products, to The Coca-Cola Company. Since the transaction was announced, Monster and The Coca-Cola Company and its bottlers have amended their distribution arrangements in the U.S. and Canada by expanding into additional territories and entering into long-term agreements. The Coca-Cola Company also has become Monster's preferred global distribution partner with new international distribution commitments already in place with bottlers in Germany and Norway. In connection with the closing, The Coca-Cola Company made a net cash payment of approximately $2.15 billion to Monster.
Company Contact
- CEO
- James Quincey
- CFO
- John Murphy
- Headquarters
- One Coca-Cola Plaza, Atlanta, GA 30313
- Phone
- 404-676-2121 · Toll-Free 800-468-7856
- Fax
- 404-676-6792
- Investor Relations
- Tim Leveridge · 404-676-7563