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Coca-Cola Completes $2.15 Billion Monster Deal

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Coca-Cola Completes $2.15 Billion Monster Deal

Coca-Cola Completes $2.15 Billion Monster Deal
June 17
12:23 2015

The Coca-Cola Company and Monster Beverage Corporation have completed their previously announced strategic partnership. As a result of the transaction, The Coca-Cola Company now owns approximate 16.7% of Monster and has 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. Monster has transferred its non-energy 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 US 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.

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