How much did Coca-Cola buy Vitaminwater for? (2023)

Table of Contents

How much did Coke buy Vitaminwater for?

Coca-Cola is betting big that Glaceau will help it expand its water and energy drink offerings and jump-start North American sales. On Friday, the world's largest beverage maker said it would buy the privately held maker of Vitaminwater for $4.1 billion in cash.

(Video) Vitamin Water Good or Bad For You? Coca-Cola Accused of 'Misleading' Marketing
(ABC News)
How much was Vitaminwater bought for?

50 pushed the brand heavily in commercials, songs, and more. Vitaminwater sales grew from $100 million in 2004 to $700 million in 2007. In May 2007, Coca-Cola bought Glaceau for $4.1 billion, and 50 Cent got paid.

(Video) How healthy is vitamin water? 6-24-2105
Why did Coca-Cola buy Vitaminwater?

The acquisition helps fill a gap in Coca-Cola's North American business, giving it a well-known brand in a segment that is expected to account for 22% of North American beverage revenue over the next five years, according to Pecoriello's estimates.

(Video) How Vitamin Water Can Put You in a Coma
How much did 50 Cent make off Vitaminwater?

50 got involved with Vitamin water in the peak of his music career in 2004, but the pay off didn't come until three years later when The Coca-Cola company purchased Glaceau for $4.1 billion. 50 walked away with a satisfying $100 million for the deal.

(Video) How much did 50 cent earn with vitamin water?
(Karl Niilo Shorts)
How much did Coke buy Dr Pepper for?

In a much-anticipated acquisition deal, Coke is paying Dr Pepper Snapple Group Inc $715 million for the right to sell Dr. Pepper and other soft drinks once Coke acquires its biggest North American bottler.

(Video) This Man Launched Vitamin Water and Body Armor and sold both to Coke #entrepreneur #billionaire
Did 50 Cent own VitaminWater?

Rapper's Business Dealings Explained. Rapper 50 Cent doesn't own Vitaminwater anymore, but he's still making rich business deals. In fact, the “Candy Shop” performer has turned into a Hollywood power player.

(Video) 50 Cent on How Vitamin Water Made Him $400,000,000 #50cent #cocacola #curtisjackson #smartwater
What did 50 Cent sell to Coca-Cola?

But it wasn't until Coca-Cola bought the company for billions in 2007 that 50 got a serious payout. The Coca-Cola company scooped up Glacéau for an eye-watering $4.1 billion and 50 himself pocketed an estimated $100 million.

(Video) Worst Drinks For Weight Loss 6 Of 8: Vitamin Water | LiveLeanTV
(Live Lean TV)
How much is 50 Cent worth right now?

As of January 2023, 50 Cent's net worth is estimated to be $40 Million. American rapper and businessman 50 Cent has earned over $250 million throughout his career from chart-topping albums and singles, as well as other business ventures.

(Video) Vitamin Water founder Darius Bikoff Interview pt. 1
(Jack Edwin)
Who owns VitaminWater now?

The Coca-Cola Company

(Video) Coca-Cola buys remaining 70% stake in Bodyarmor for $5.6 billion
(CNBC Television)
Did Vitaminwater win the lawsuit?

A federal judge recently approved a settlement of a class-action lawsuit that challenged the advertising and marketing of Coca-Cola's Glaceau Vitaminwater line of beverages.

(Video) The invention of VitaminWater
(Vladimir 551)

Is Vitaminwater getting sued?

Category: Coca-Cola Class Action Lawsuit and Settlement News. Coca-Cola has agreed to settle a class action lawsuit alleging the soft drink manufacturer falsely advertising its Vitaminwater product as “vitamins + water = all you need” when it actually contains about eight teaspoons of sugar.

(Video) Vitamin water
(SantaClausChess64 🎅)
Is Coke discontinuing Vitaminwater?

Coca-Cola is also ceasing production of lesser-known regional sodas like Northern Neck Ginger Ale and Delaware Punch, as well as some products in the “hydration” category, which could (could is the operative word here) include Powerade, Dasani and Vitamin Water.

How much did Coca-Cola buy Vitaminwater for? (2023)
How much 50 Cent made off bitcoin?

(KO) later acquired for $4.1 billion in 2007. When the deal went through, Jackson is believed to have walked away with between $60 million and $100 million. Now that cryptocurrencies have soared in popularity, many other musicians are beginning to accept virtual coin payments for songs.

What celebrity owns Vitaminwater?

After 50 Cent expressed that he wanted to get into the water business, Lighty did some research and learned about Glacéau. Per Cruz, they set up a meeting and the company pitched some ideas. 50 Cent noticed the line lacked a grape flavor and threw in some of his own money to help develop the product.

How much does Warren Buffet get from Coca-Cola?

Berkshire's dividend income from Coca-Cola

In 2022, Berkshire received $704 million in dividend income from Coca-Cola. On an original investment of $1.3 billion, that amounted to a yearly return of 54%!

When did Coke cost 6 cents?

In the late 1940s, some stores sold Cokes for 6 cents.

Does Coca-Cola own A&W root beer?

The rights to the A&W brand (except in Canada) are owned by Keurig Dr Pepper, which in turn licenses the brand to the U.S.-based A&W Restaurant chain. A&W Root Beer products are distributed via various U.S. bottlers.

How much did 50 Cent make from Effen Vodka?

According to Angela Yee at the Breakfast Club, 50 Cent not only sold his minority stake, but ended his contract as Effen Vodka's frontman. Apparently 50 Cent received $60 million for the buyout, from what we hear. However this does not necessarily mean that 50 Cent is out of the spirits game for good.

What all does 50 Cent own?

Residence: United States; Nationality: American; Curtis James Jackson III, known professionally as 50 Cent, is the founder of Sire Spirits, G-Unit Films and Television Inc., G-Unit Records, G-Unit Clothing Company and Cheetah Vision.

How much was a 50 piece worth?

The half dollar, sometimes referred to as the half for short or 50-cent piece, is a United States coin worth 50 cents, or one half of a dollar.

Who owns the most Coke stock?

The Coca-Cola Company is a publicly listed company, meaning there is not one sole owner, but rather the company is 'owned' by thousands of shareholders and investors around the world. However, the largest shareowner of the company is American businessman Warren Buffett.

Why was Coke priced at 5 cents for so long?

If the bottlers raised the price of bottled Coke they would get all the increased profit and the Coca Cola Corporation wouldn't get a penny. The company got around the problem by blitzing the country with advertising signs promoting Coke at five cents a bottle and were thus able to stifle any price rises.

How much is Snoop Dogg worth?

Snoop Dogg has made a massive wealth as well, currently Snoop Dogg Net Worth 2023 is $165 million.

How much is Donald Trump worth?

Forbes estimates it at $3.2 billion as of October 26, 2022, with Trump making much higher claims. Trump received a loan from his father, and he has also made money from fundraising, real estate ventures, hotels, casinos, golf courses, and Trump-branded products including neckties and steaks.

How much is Michael Jackson worth?

In 2021, the Tax Court issued a ruling in favor of the estate, ruling that the estate's total combined value of the estate was $111.5 million and that the value of Jackson's name and likeness was $4 million (not the $61 million estimated by the IRS's outside expert witness).

What rapper owns a water company?

HOUSTON – AJ McQueen's love for water is spreading throughout Houston. His new bottled water line, Hydrate Hill Water has a pH level of 9.5 and 10.5 and is sold in 6-pack, 12-pack and one gallon.

Who owns Dasani water?

As the owner of the DASANI brand, The Coca Cola Company is pleased to provide this information to you. Most facilities that purify and bottle DASANI procure water from municipal water systems.

What water does Dr Pepper own?

Its acquisition of Limitless expands its water portfolio, which includes Core Hydration, Bai and Evian, as well as some sparkling water brands. Both Canada Dry and Schweppes make flavored seltzer and sparkling water, but neither have caffeine.

Is Vitaminwater worth the money?

Not only are the micronutrients in Vitaminwater unnecessary for most people, but they may also be dangerous if they're bumping your intake to harmful levels. Summary Some Vitaminwater varieties contain vitamins A and E, which may cause harm consumed in unnaturally large amounts.

Why did Vitaminwater get sued?

On behalf of consumers, the nonprofit Center for Science in the Public Interest and two law firms filed a class action lawsuit against Coca-Cola in 2009 to prohibit claims that the drinks, which contain about 32 grams of sugar, could reduce the risk of eye disease, promote healthy joints, induce feelings of relaxation, ...

Is Vitaminwater misleading?

According to NCL, the statements are deceptive because the products on which they appear are not simply made from vitamins and water, but are made with crystalline fructose or other forms of sugar, and contain 125 calories per bottle.

Is Vitaminwater FDA approved?

"Vitaminwater is a great tasting, hydrating beverage with essential vitamins and water and people can clearly see from the labels, which are FDA compliant, what's in every bottle.

What 200 brands is Coke getting rid of?

Since June, the company has said it will scrap drinks such as Tab, Zico, and Odwalla. It will likely remove more brands from its "hydration" category, which includes brands like Dasani, Powerade, and Smart Water, CEO James Quincey said.

What 200 brands is Coke discontinuing?

Quincey said the 200 brands that are getting the ax have already been decided, yet he did not provide a list of which brands those were.
  • Tab.
  • Zico coconut water.
  • Odwalla.
  • Coca-Cola Life.
  • Diet Coke Feisty Cherry.
  • North Neck Ginger Ale.
  • Delaware Punch.
Oct 23, 2020

What drink is Coke getting rid of?

Tab, Zico, and Odwalla have been publicly axed, with more to come, the company said on an earnings call. Coke hasn't yet named all the brands it will drop, but CEO James Quincey said that there will likely be more cuts in the "hydration" category that encompasses Smart Water and Powerade.

When was Bitcoin worth $1?

Bitcoin broke $1 in April 2011, entering its first mini “bull run.” It rose by roughly 3,000% over the next three months and peaked between $29 and $32 (depending on the source) by June 2011. By November 2011, the price bottomed out again at $2. The following year was uneventful.

When was Bitcoin worth 1 penny?

On 19 June 2011, a security breach of the Mt. Gox bitcoin exchange caused the nominal price of a bitcoin to fraudulently drop to one cent on the Mt.

When was Bitcoin equal to $1?

In February of 2011, BTC reached $1.00 for the first time, achieving parity with the U.S. dollar. Months later, the price of BTC reached $10 and then quickly soared to $30 on the Mt.

What was Coca-Cola highest stock price ever?

CocaCola - 61 Year Stock Price History | KO
  • The all-time high CocaCola stock closing price was 64.79 on April 21, 2022.
  • The CocaCola 52-week high stock price is 67.20, which is 11.1% above the current share price.
  • The CocaCola 52-week low stock price is 54.02, which is 10.7% below the current share price.

Is Coke discontinuing VitaminWater?

Coca-Cola is also ceasing production of lesser-known regional sodas like Northern Neck Ginger Ale and Delaware Punch, as well as some products in the “hydration” category, which could (could is the operative word here) include Powerade, Dasani and Vitamin Water.

Who owned VitaminWater before Coke?

Mike Repole (born January 21, 1969) is an American entrepreneur, businessman, and owner of Repole Stables, best known for co-founding Glaceau (maker of Vitaminwater), which sold to Coca-Cola for $4.1 billion, and BODYARMOR SuperDrink, a sports drink manufacturer, which also sold to Coca-Cola for $5.6 billion.

What brands does 50 Cent own?

Residence: United States; Nationality: American; Curtis James Jackson III, known professionally as 50 Cent, is the founder of Sire Spirits, G-Unit Films and Television Inc., G-Unit Records, G-Unit Clothing Company and Cheetah Vision.

What is the highest a stock has ever gone?

The most expensive publicly traded share of all time is Warren Buffett's Berkshire Hathaway (BRK. A), which was trading at $458,675 per share, as of January 2022.

Who owns the biggest share of Coca-Cola?

Berkshire Hathaway, Inc

What is the highest any stock price ever?

Berkshire Hathaway holds the title for having the highest stock price—$445,000.

How much money did 50 Cent make from power?

Omari Hardwick Reveals He Earned $150K Per 'Power' Episode Despite Being 'The Face Of The Network' Ngozi Nwanji. Jun 6, 2022. 50 Cent has become a force in television over the years with the empire he's built on Starz.

You might also like
Popular posts
Latest Posts
Article information

Author: Velia Krajcik

Last Updated: 04/16/2023

Views: 5253

Rating: 4.3 / 5 (74 voted)

Reviews: 89% of readers found this page helpful

Author information

Name: Velia Krajcik

Birthday: 1996-07-27

Address: 520 Balistreri Mount, South Armand, OR 60528

Phone: +466880739437

Job: Future Retail Associate

Hobby: Polo, Scouting, Worldbuilding, Cosplaying, Photography, Rowing, Nordic skating

Introduction: My name is Velia Krajcik, I am a handsome, clean, lucky, gleaming, magnificent, proud, glorious person who loves writing and wants to share my knowledge and understanding with you.